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Who is FOX and why invest in Cyprus?

Published on 3rd November 2021

Who is FOX and why invest in Cyprus?

FOX is happy to be the only estate agency – member of LeadingRE in Cyprus.

FOX is one of the largest service-providing organisations in the property sector in Cyprus with 7 branches and more than 65 staff.

FOX offers estate agency services, property and common expenses management, property valuations, advice on property investments and fund management services.

Estate Agency: FOX Smart Estate Agency offers expert estate agency services (i.e. sales and rentals), in NicosiaLimassolFamagustaPaphos, and Larnaca. Its clients include buyers, sellers, tenants and landlords. FOX deals with both new and re-sale properties.

Cyprus offers one of the most attractive residency programs, called Cyprus Permanent Residency, which gives the opportunity to 3rd country nationals to permanently reside in Cyprus.

A Permanent Residency Permit offers the following benefits:

·         It has no expiry date ie. It is valid forever and no renewal is required

·         The permanent residency covers the whole family

·         The investor may own a business in Cyprus

·         The investor may travel throughout Europe with easy access to first class healthcare and education

The Cyprus Property market is rather steady with reasonable investment yields and growth prospects.

Who invests in Cyprus RE?

·         The Cypriots and foreign residents in Cyprus. Cyprus boasts a strong local middle class with high disposable incomes as well as affluent foreign permanent residents

·         Countries outside EU who wish to get Permanent Residency Permit

·         Foreign individuals who want to retire in Cyprus

·         Foreign students

·         Foreign financial Investors

·         Attracts millions of tourists who occasionally buy properties

If you are interested to discuss the potential for a cooperation, we would like to setup a 30’ teleconference via Zoom meeting.

Kindly advise if you are available and what date/time is more convenient for you.

Looking forward to hearing from you!

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