Since 1970
Call us: +357 (24) 822 870 // www.palourtis.com

Newsletter

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 4 February 2020 60 Years of waiting for growth in the British Bases

    In 2014, a very important agreement was reached between the Cypriot... read more

  • 3 February 2020 Building coefficient up to 25 percent for housing solution

    A 20% - 25% increase in the building rate is expected to provide for a... read more

  • 20 January 2020 Solution found for Evicted Tenants

    Malicious tenants save time when faced with eviction. read more

  • 15 January 2020 US Acceleration of visa liberalization for Cypriots

    Accelerating efforts to include Cyprus on the list of countries whose... read more

  • 13 December 2019 A dream is coming true

    A beachfront with an area of 3.5 kilometres will be released from oil tanks. read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 4 February 2020 60 Years of waiting for growth in the British Bases

    In 2014, a very important agreement was reached between the Cypriot... read more

  • 3 February 2020 Building coefficient up to 25 percent for housing solution

    A 20% - 25% increase in the building rate is expected to provide for a... read more

  • 20 January 2020 Solution found for Evicted Tenants

    Malicious tenants save time when faced with eviction. read more

  • 15 January 2020 US Acceleration of visa liberalization for Cypriots

    Accelerating efforts to include Cyprus on the list of countries whose... read more

  • 13 December 2019 A dream is coming true

    A beachfront with an area of 3.5 kilometres will be released from oil tanks. read more

Property Investment is our Specialization

Lately, we made a lot of sales in the Commercial Sector as very good bargains appeared in the Larnaca property market, such as retail shops/offices rented to banks with a high yield on investment.

   

An example is a complex of 450sqm, including a ground floor of 150sqm, a basement and 1st floor, each 150sqm, rented to a bank for 12 years for € 390.000 per annum, offering a 7% yield on capital investment.

We believe that Cyprus has great investment opportunities in property real estate sector.

The whole scenario in property market changed completely with the new law, affecting the liquiditation of mortgaged properties connected with not performing loans.

Our experience and contacts in the property market since 1970, gives us the opportunity to be able to offer superb property offers which are close to being re-possessed by the bank, to clients who have the financial ability to proceed fast in property investments such as apartments close to the beach with swimming pools, suitable for holiday rentals, land for development of villas or hotels.

Property investment is our great specialization.