because of the pandemic coronavirus foreigners, including citizens of Russia, become more interested in buying a home in Cyprus for their own residence, according to the materials of the company Golden Brown Cyprus, arrived in edition “Tapes.ru”.
Since the beginning of March 2020, the number of Russian requests for Cyprus property has increased by 30 percent, analysts estimated. Look for options of moving to a so-called “island of love” citizens forced introduced in large cities of Russia the mode of self-isolation. In addition, the current crisis has shown that the binding to the office optional, and to work effectively and conduct business remotely, experts explain.
According to them, the most popular among Russians Cypriot objects with sea views, within walking distance of the necessary infrastructure. Popular budgets — up to 300 thousand Euro (this amount will be enough for a Villa in Paphos) and up to € 2 million (such transactions give a right for participation in the passport program). In recent months, many also rushed to seek purchase options involving mortgages.
As noted in the provided materials, the Cyprus rules allow to make deals remotely. The procedure of registration of contracts already fulfilled and carried out through the Embassy and consulates of the Republic of Cyprus in Russia.
Earlier, in March, analysts said that wealthy Russians in the near future will be actively buying property abroad. Increased demand will promote measures to support the domestic economy, proposed by President Vladimir Putin during a televised address on March 25.
