Chestertons Global Ventures into the Cyprus Property Market
In a strategic move that underscores its commitment to international expansion, Chestertons Global has officially entered the Cyprus property market with the establishment of Chestertons Cyprus Residential. This new venture is set to operate from two locations in the scenic city of Paphos, enhancing the firm’s global footprint and offering a full suite of residential sales and lettings services.
The agency’s foray into Cyprus is backed by a team of seven local real estate professionals, ensuring clients receive expert support and guidance in navigating the Cyprus real estate landscape. Mohamed Mussa, Executive Director at Chestertons Global, highlighted the island’s allure, citing its favorable climate, infrastructure, and strategic location as key factors that have historically drawn international buyers.
Michael Leptos Jr, Director of Chestertons Cyprus Residential, echoed Mussa’s sentiments, expressing excitement over the potential for increased international transactions facilitated by Chestertons Global’s extensive network. Parikshat Chawla, Director and Head of Operations at Chestertons Global, also remarked on the significance of this expansion as part of the company’s aggressive growth strategy for 2024 and beyond.
The Cyprus property market remains an attractive destination for international investors, offering lifestyle benefits, a permanent residency program with an investment threshold of €300,000 plus VAT, and advantageous tax policies. The country’s robust healthcare system, established education sector, and competitive residential property market further bolster its appeal as a top destination for foreign direct investment.
Interested parties can reach out to Chestertons Cyprus Residential at their Paphos offices located on Poseidonos Ave 27 and Ledas 1 Street. For a broader overview of Chestertons Global and its array of services, individuals are encouraged to visit their website.
With over two centuries of heritage in real estate and a growing international presence, Chestertons Global continues to build on its legacy, offering unparalleled service to clients worldwide.
