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Frequently Asked Questions

Why should I choose SQONE as my developer in Cyprus?

As the fastest-growing real estate company in Limassol, SQONE is your trusted partner for high-yield investments and luxury living:

  • Over €100 Million in Sales
  • Active in 3 Vibrant Cities
  • Dedicated Team of 20+ Employees
  • 10,000+ Square Meters of Completed Projects
  • 23 Total Projects in Our Portfolio
  • 9 Projects Currently Under Construction

Our prime properties are located in highly sought-after areas, offering strong potential for capital appreciation and high ROI. With competitive pricing, flexible payment plans, turnkey solutions, and Permanent Residency, we make it easy to invest in quality developments with excellent returns.

What types of properties does Square One offer in Cyprus?

SQONE offers a variety of residential properties, including luxury studios, apartments, and penthouses.

These properties are located in Cyprus’s most desirable areas, designed with modern architecture, and built with high-quality materials.

What are the benefits of investing in off-plan properties in Cyprus?

Investing in off-plan properties with SQONE allows you to secure a property at a competitive price with significant potential for capital appreciation.

You can personalize your space with high-quality finishes, and as an early investor, you benefit from lower initial costs and the potential for higher returns once the property is completed.

What are the legal requirements for purchasing property in Cyprus?

Purchasing property in Cyprus is straightforward, especially with our guidance. If you’re a foreign national, you’ll need approval from the Council of Ministers, typically a formality for residential properties.
We’ll assist you with legal requirements, including due diligence, title deed checks, and Land Registry registration, ensuring a smooth and secure purchase process.

Why should I consider buying real estate in Cyprus?

Cyprus offers a unique blend of lifestyle benefits and investment potential. You can enjoy high rental yields, solid capital appreciation, and the option to obtain a Permanent Residency through property investment.

Additionally, Cyprus’s strategic location in the Mediterranean and its favorable tax regime make it an attractive destination for real estate investment.

Can foreign nationals buy property in Cyprus, and what are the conditions?

Yes, foreign nationals can buy property in Cyprus with minimal restrictions. For residential properties, you’ll need approval from the Council of Ministers, which is typically granted without issue.
Cyprus’s legal system, based on English law, provides strong protections for property buyers, making it a secure place to invest.

Does SQONE offer payment plans for property purchases?

SQONE offers flexible payment plans tailored to your financial situation. These plans allow you to make payments in stages during the construction process, helping you manage your investment more effectively.

We aim to make high-quality property ownership accessible and financially feasible for all our clients.

What rental yield can I expect if I rent out my property in Cyprus?

Our properties are designed to be high-performing assets, offering attractive rental yields, especially in prime locations.

Depending on the property and location, you can expect yields ranging from 4% to 8% annually. The growing popularity of Cyprus as a tourist destination also enhances the potential for short-term rental income.

What value appreciation can I expect if I decide to sell my property in Cyprus?

Properties in Cyprus, particularly those in prime locations, have shown strong capital appreciation over time. By investing with SQONE, you’re choosing a property that not only offers immediate lifestyle benefits but also significant potential for long-term value growth.

Whether you plan to sell in a few years or hold onto the property, you can expect a solid return on investment.

What are the typical costs, fees, and taxes associated with buying property in Cyprus?

When buying property in Cyprus, you should be aware of several costs:

  • Legal Fees: Typically 1% to 2% of the property’s purchase price.
  • Transfer Fees: Ranging from 3% to 8% based on the property’s market value.
  • Stamp Duty: 0.15% to 0.20% of the property value.
  • VAT: 19% for new properties, with a reduced rate of 5% available under certain conditions.
  • Miscellaneous Costs: These may include mortgage arrangement fees, surveyor fees, and utility connection fees.

Our team will help you navigate these costs, ensuring transparency and preparedness.

Are your residential properties delivered with full interior finishing, and what materials are used?

Yes, our residential properties are delivered with full interior finishing. We use premium materials to ensure that your home is both elegant and durable.

From high-quality flooring to top-tier kitchen and bathroom fittings, our finishes are selected to meet the highest standards of quality. Our goal is to provide a home that’s ready for you to move into or rent out immediately.

How about after-sales and maintenance services?

We believe in supporting our clients long after the sale is complete. Through our partner, Moving Doors, you’ll have access to 24/7 support via WhatsApp, covering everything from maintenance and cleaning to other concierge services.

Whether you need assistance with a minor repair or ongoing property management, our Moving Doors team is here to ensure that your property is well-maintained and your needs are met.

Is it possible to buy an apartment with turn-key finishing, including furniture and accessories?

Yes, we offer turn-key solutions that include everything from furniture and lighting to textiles and decorative accessories.
This option is ideal if you’re looking for a hassle-free move-in experience or want to rent out your property immediately.

Our turn-key packages are curated to create stylish, comfortable living spaces, ensuring that your home is not only functional but also beautifully designed.

Does my property come with a parking space, and what are the options if it doesn't?

Most of our properties include a designated parking space. If your property doesn’t come with a parking space, or if you need additional spaces, we offer options to purchase or lease them.

Having a parking space is especially valuable in urban areas, adding both convenience and value to your property.

Can I apply for Cyprus Permanent Residency if I purchase real estate, and what are the requirements?

Yes, purchasing real estate in Cyprus can qualify you for Permanent Residency through the Cyprus Investment Programme. To be eligible, you need to invest at least €300,000 (plus VAT) in a new property.

The property must be purchased directly from the developer, and you’ll need to prove a secure annual income from abroad. The residency permit is typically issued within a few months and allows you to reside in Cyprus without time restrictions, making it an excellent option for non-EU nationals looking to establish a base in Europe.

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