Numerous tourists go to Cyprus, but so do entrepreneurs and business people. Several factors support this, including an excellent geographic position, well-developed infrastructure, and a low tax burden. As a result, the Cypriot authorities have devised several lucrative programs and advantages to attract international investment. If you want to start your own business in Cyprus, you should go into the details of commercial real estate in Nicosia.
The Advantages of Buying Commercial Real Estate Property in Nicosia
The Republic has implemented a new corporate development policy. Double taxation does not apply to Russians or residents of some other countries. In addition, there are several advantages.
A wide selection of commercial real estate for establishing a company in Nicosia in many sectors is readily available.
All EU member states have a level playing field when it comes to taxes.
A good city for a successful company.
Commercial Real Estate Types in Nicosia
In Nicosia, you may either buy a pre-existing business with proven profitability, equipment, and the necessary permits, which will save you time and money in the long run, or you can buy commercial real estate and establish your own business from the ground up. A broad range of property is available in Cyprus, suited for various purposes depending on the layout and design. The commercial real estate types are shopping malls, distribution centers, warehouses, offices, and entertainment complexes.