Qatari investors are increasingly turning to Cypriot real estate

Qatari investors and business leaders are making Limassol their second business headquarters, allowing them to access the European Union (EU) market.
Sales of the developer’s latest high-end development, Limassol Blu Marine, now stand at €100 million, of which 4% has been generated by buyers from Qatar.
No less than 7% is generated by buyers from the United Arab Emirates, 6% from Jordan, 4% from Egypt, 3% from Kuwait and 2% from Saudi Arabia.
Limassol is the second largest city in Cyprus and is renowned for its entrepreneurial spirit with many thriving businesses in the service, finance, technology and healthcare sectors.
The introduction of the accelerated business activation mechanism, the employment of third-country nationals, work permits for spouses, considerable savings on corporate and personal taxes, access to European markets EU and digital nomad visas are attracting all businesses from the Middle East to this uniquely connected and positioned country.
Businesses based in the Middle East and North Africa looking to expand their operations in Cyprus can take advantage of office space at Limassol Blu Marine, a development in the heart of the city, which offers luxury residences and open offices in one place.
“Limassol offers a robust business environment, a diverse workforce and is a strong international business hub with ties to the UK, Middle East and Western Europe,” said Pantelis Leptos. , co-chairman of Leptos Group of Companies, a leading real estate developer. in Cyprus and Greece.
Commercial space in Limassol Blu Marine starts at €7,800 per m². A one-bedroom apartment in Limassol Blu Marina is available from €655,000, two-bedroom apartments from €1.07 million and three-bedroom apartments from €1.28 million .
The new district of Aktaia Odos has been planned with modern residential and commercial properties, mixed with attractive tourist and leisure options that are located in green spaces, with cycle paths and pedestrian walkways. In line with the CIPA (Cyprus Investment and Promotion Agency) strategy, the area is set to become a hub for international corporate headquarters with the creation of some 14,000 new jobs.

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