Real estate for rent
Asya asks:
How can a citizen of the Russian Federation rent property bought in Cyprus if it is prohibited by law in Cyprus?
Expert answers (2)
(Distant Property)
Good afternoon, there is no law prohibiting Russians from renting property in Cyprus, the main thing is that all tax issues be resolved
16.12.2019
(WINWIN DEVELOPERS LTD)
Usually Russians use trust companies, their own companies and management companies.
Examples:
1 You have bought real estate through a company and further trust it to lease this property. The contractual relationship is more applicable here, and the lease itself is mainly long-term.
2 After purchasing a property, you find a management company and conclude a management agreement with it for a certain percentage.
3 You can open your own company. Rent your property through management companies or organize self-government. This item refers to larger investments, i.e. from several apartments to several apartment blocks.
Examples:
1 You have bought real estate through a company and further trust it to lease this property. The contractual relationship is more applicable here, and the lease itself is mainly long-term.
2 After purchasing a property, you find a management company and conclude a management agreement with it for a certain percentage.
3 You can open your own company. Rent your property through management companies or organize self-government. This item refers to larger investments, i.e. from several apartments to several apartment blocks.
13.12.2019
Consultation
CYPRUS. Real estate prices
Please tell me if it is possible for the owner to sell 1/2 of the house.
15.09.2023
CYPRUS. Real estate prices
Hello! The property has a townhouse of 3 bedrooms 110m in Paphos (Kato-Paphos Universal), how can you estimate its value? At the moment I am in the Russian Federation, I need a simple assessment.
03.04.2023
CYPRUS. Investments, leasing, sale
And what is this defense tax, in terms of how much% and what is it paid from?
10.03.2023
Other objects in this region
21 of Mar, Friday 11:00
The Great St. Petersburg Real Estate Fair invites buyers and private investors interested in buying properties abroad to a foreign Real Estate Salon. The event will take place on March 21st and 23rd, 2025 at the Expoforum. 
