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
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.
13.10.2025
CYPRUS. Real estate prices
Please tell me if it is possible for the owner to sell 1/2 of the house.
13.10.2025
CYPRUS. Investments, leasing, sale
And what is this defense tax, in terms of how much% and what is it paid from?
10.03.2023
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05 of Jun, Friday 11:00
The organizers of MIPIF, one of Russia's largest specialized events in the field of real estate and investment, have announced the International exhibition MIPIF Global.
