Useful Information about Cyprus

Everything You Need to Know About the Island of Sun and Sea

Cyprus is a place where European quality of life meets the warmth of the Mediterranean.
It is ideal for living, business, and investment, offering a perfect balance between comfort, stability, and opportunity.
Transparent laws, safety, excellent healthcare and education, and a favorable tax system make Cyprus one of the best places to live in Europe.

General Information

• Political status: The Republic of Cyprus is an independent state with a presidential form of government.
• Official languages: Greek and Turkish. English is widely spoken, especially in business and tourist areas.
• Capital: Nicosia (Lefkosia).
• Major cities: Limassol, Larnaca, Paphos, Nicosia, Ayia Napa, Protaras.
• Currency: Euro (€).
• Driving: Left-hand traffic.
• Country code: +357.

Climate

Cyprus enjoys a mild Mediterranean climate with over 320 sunny days per year.
Winter temperatures rarely drop below +15°C, while summers average around +30°C.
The sea remains warm from April to November, making life and leisure on the island comfortable all year round.

Real Estate and Investment

Buying property in Cyprus is not only a profitable investment, but also a path to residency.
Foreign citizens are free to purchase real estate, and the process is completely transparent and secure.
Since 2016, the Permanent Residency Program has allowed investors to obtain permanent residence by purchasing new property worth at least €300,000.

Taxes and Utility Costs

• VAT on property purchases: 19% (reduced rate of 5% for primary residences).
• Stamp duty: 0.15–0.20% of the property value.
• Municipal taxes: €150–€250 per year.
• Electricity: €0.25–€0.35 per kWh.
• Water: €1.30–€2.00 per m³.
• Internet and communication: €40–€70 per month.

All utility bills can be paid online — fast and convenient.

Healthcare

Cyprus offers EU-standard healthcare through both public and private systems.
Hospitals and clinics are equipped with modern technology, and most doctors speak English and Russian.
The GESY National Health System ensures accessible medical care, while private health insurance provides premium services at reasonable prices.

Education

The education system in Cyprus is among the best in the region.
Public and international schools offer instruction in English, Greek, and Russian.
Cypriot universities collaborate with top European and British institutions, and their degrees are recognized across the EU.

Leisure and Entertainment

Cyprus offers endless options for relaxation and fun:
beaches, boat trips, mountain trails, gastronomy, ancient landmarks, and vibrant nightlife.
Ayia Napa and Protaras are famous for their waterparks and clubs, Paphos for its museums and history, and Limassol for its restaurants, marina, and luxury seafront.

Transport and Flights

The island has two international airports — in Larnaca and Paphos.
Driving is on the left-hand side, roads are modern and well-maintained, and car rentals are simple and affordable.
Public transport consists mainly of buses and shared taxis.

Advantages of Living in Cyprus

• Safe, eco-friendly environment;
• European standards of healthcare and education;
• Mild climate and fresh sea air;
• Attractive and transparent tax system;
• Easy residency through property investment;
• Friendly and welcoming community.

Cyprus Realty Center — Your Trusted Partner in Cyprus

Cyprus Realty Center helps you not only buy or rent real estate, but also understand every practical aspect of life on the island — from utility payments to immigration programs.

With us, you will feel at home under the Mediterranean sun.