About Us
Welcome to the world of unique real estate offers on the island of Cyprus, presented by the Develta Group company. We specialize in creating real estate designed according to high standards of construction and decoration.
What we do
Architecture
Concept
Planning
Interior
Exterior
We turn your dream to reality and we’ll never stop until you’re satisfied with the result
Why Cyprus
FANTASTIC WEATHER
300 days of sunshine annually, enhanced with sea breezes and idyllic Mediterranean climate, attracting those who seek perfect weather conditions.
FAVORABLE TAX RATES
Cyprus offers attractive tax incentives, including low corporate tax rates, favorable tax treaties, and exemptions, making it appealing for businesses.
REAL ESTATE PRICES
Discover affordable real estate with diverse options, from coastal properties to inland homes, making it an enticing investment opportunity.
COMFORTABLE ENVIRONMENT FOR СHILDREN
Cyprus provides a safe atmosphere, excellent education, healthcare, outdoor activities, and a hospitable community for families with children.
Take a step
into the space
of your dreams
Welcome to the world of unique real estate offers on the island of Cyprus, presented by the Develta Group company. We specialize in creating real estate designed according to high standards of construction and decoration, using modern technologies and environmental standards, made with love for details in an inspiring design concept.
We offer turnkey apartments that delight the eye and create a unique interior atmosphere, give comfort and convenience for many years.
Our Project Sungardo
a shady haven of comfort
A PLACE , WHERE
HISTORY MEETS
ELEGANCE OF
MODERN COMFORT
150 METERS FROM
BEACH SAND AND
CRYSTAL CLEAR
WATERS OF THE
MEDITERRANEAN SEA
MODERN
MEDITERRANEAN – STYLE
ARCHITECTURE
AND A RООFTOP
GARDEN WITH
BARBECUE AREA
Additional services
ACCELERATED RECEIPT OF PERMANENT RESIDENCE
The Permanent Residence Program in Cyprus (PRP) grants the right to travel across the EU with simplified visa requirements and obtain Cyprus citizenship.
Main advantages:
- issued within 4 months
- lifetime validity period without the need for renewal
- provided to all direct family members of the applicant, including spouse and children under the age of 25
- no accommodation requirements other than to attend Cyprus every two years
- allows you to conduct business in Cyprus and receive dividends as a shareholder.
PREFERENTIAL VAT FOR REAL ESTATE
Buying a new property in Cyprus is subject to 19% VAT (VAT — Value Added Tax)
If certain conditions are met, you can apply for preferential terms, having the opportunity to make significant savings by paying only 5%. The buyer can immediately buy a house by paying VAT at a reduced rate.
Requirements for the applicant:
- the buyer must be an individual (not a company) who has reached the age of 18
- the property to be purchased must be the applicant’s main place of residence in Cyprus
- the applicant should not have any other real estate in Cyprus purchased earlier with a preferential VAT rate
- real estate should be used exclusively for living, and not for the purpose of generating income from renting
• at the time of approval of the preferential VAT rate, the property should not be in use (no one should live in it, use water and electricity
Let’s Build Something Together!
Address
HE 450620
Archiepiskopou Makariou III, 155
Proteas House, 5th floor
3026, Limassol, Cyprus
VAT. 60022080Q
info@develta.cy
Phone