Cyprus is one of the fastest-growing countries in Europe. The country of slightly above a million people has achieved a lot of success in recent years. This success is attributed to the government’s decision to improve its image and make it welcoming to many foreigners. As a home seller, selling a home is not always a simple thing. In this article, we will look at some of the main tips of selling your apartment at a better price.
Why Sell Your Cyprus Apartment?
There are several reasons you may want to sell your Cyprus apartment. First, you may want to move to a smaller house because your kids have just moved to college. Also, maybe you have gone through divorce or separation. Second, you may want to move to a new location. Third, you may have several apartments and you want to downscale. Fourth, maybe you want to liquidate your assets and move in to a bigger house. No matter the reason, you want to get the best price for the apartment.
Fix the Apartment
The first thing you need to do when putting up your Cyprus property for sale is to fix it. All apartments have issues that affect their pricing. For example, repaint the apartment to make it look good. Many buyers will pay a higher price for an apartment that has been painted well. Second, call a plumber to fix all the drainage issues. You can also replace the current bathroom and toilet seats with brand new luxury brands.
Many people buying Cyprus property are foreigners, especially from Russia. These people are taking advantage of the Cyprus passport for investment programs that enable them become citizens. These are wealthy people who can afford to make the minimum investment amount of $2 million. Therefore, you need to please them by buying and equipping the apartment with the best luxury furniture. Fortunately, there are so many luxury furniture dealers in Cyprus that you can use. Alternatively, you can go shopping in other European countries like France and the UK. Since Cyprus is part of the European Union, you will not be required to pay taxes on these items.
List the Property
After doing all this, you should find the best property agent in Cyprus. There are so many real estate agents in Cyprus that will help you sell the apartment. Ideally, you should do your research to ensure that you use the best agent who has the experience and expertise in dealing with luxury projects.
These days, you can market the project yourself by posting it in one of the several portals in Cyprus. However, it is always recommended that you use a qualified and experienced agent. This is because they already have contacts who could be interested in the property. They are also familiar with the luxury market and will help you find a buyer first.
Cyprus properties are seeing impressive growth, fuelled by demand from international buyers. If you are considering exiting your investment for a better price, equip it with the best furnishings and then get a good and experienced agent to sell for you. Agents are better because they are paid by commission. So, they will work hard to ensure that the property is sold.