For many investors, purchasing an apartment in Cyprus isn’t just a step toward permanent residency — it’s also a way to earn stable rental income. A clear understanding of the local tax system helps maximize returns and avoid unnecessary expenses.

Rental Income:

• Average long-term rent in Germasogeia: €1,500–2,500/month

• Seasonal short-term rentals: up to €180/night

• Occupancy rates: up to 80% during summer months

Taxation:

• For non-residents: rental income is taxed progressively — from 0% to 20%

• Available deductions: depreciation, maintenance, local taxes

• Tax burden can be reduced by registering as self-employed

How Sunrock Helps You Optimize Income:

• On-site property management company

• Support in choosing a tax consultant

• Transparent legal framework for rentals

Conclusion:

Renting out an apartment at Sunrock can become a reliable income stream. With a smart tax approach, your net returns can grow by 15–25%.