A qualifying real estate investment
An investment of at least €300,000 plus VAT in a new property purchased directly from the developer.
Cyprus Permanent Residence | Luxury Apartment Development
Pafilia Plaza
5-star mixed-use residences in central Paphos – a pathway to Cyprus permanent residence.
euro_symbolStarting price€378,000
apartmentDevelopment size82 apartments
check_circleStatusUnits available
A central Paphos location
with easy connections
Pafilia Plaza and
the Cyprus permanent residence pathway
Set in the heart of Paphos, the ancient capital of Cyprus and a city whose archaeological sites are inscribed on the UNESCO World Heritage List.
An 8-story mixed-use building with ground-floor retail space and 82 luxury apartments on the floors above.
Units range from studios and 1- and 2-bedroom apartments to 3-bedroom penthouses.
The minimum qualifying property investment for Cyprus permanent residence is €300,000 (approximately US$341,000), excluding VAT and associated costs.
You and your family may apply for Cyprus permanent residence, provided you meet the program requirements.
5-star design and amenities
On-site amenities
- Communal swimming pool
- Gym
- Café
- Boutique shops
Homes suited to city residents, professionals, families, and long-term tenants.
About
the developer
Pafilia – an established developer of premium residential property in Cyprus
Track record and experience
- More than 48 years of experience
in real estate development.
- More than 250 projects
built across Cyprus and Greece. Pafilia also developed ONE, Europe's tallest seafront residential tower.
- More than €3 billion
in total property portfolio value.
- 60% seafront land
in the company's land bank, in prime locations right on the coast.
Featured projects
Renderings and
construction progress
Please contact IMM Group for the latest construction progress, unit availability, and project documents at the time of your consultation.
By investing in a qualifying apartment at Pafilia Plaza, you and your family may be considered for the Cyprus permanent residence pathway, provided you meet the program requirements.
Your pathway to
permanent residence in Cyprus
Prepare your application
The application can include the investor, their spouse, and dependent children. In addition to owning the property, you must show annual income at the required level.
Become a permanent resident
To maintain your status, you need to visit Cyprus at least once every 2 years.
Cyprus permanent residence is a right of residence in the Republic of Cyprus; it is not the same as Cypriot citizenship, nor does it confer the right to live and work throughout the EU.
Benefits of
Cyprus permanent residence
What Cyprus permanent residence offers
01
Living in Cyprus
- You and your family may live and study in the Republic of Cyprus and hold business interests there as permanent residents, within the conditions of your permit.
- Access to a European standard of living, modern infrastructure, and an international community.
02
Healthcare and education
- Cyprus has healthcare and education systems that follow European standards.
- An education system with strong British influences, well suited to families planning their children's long-term education.
03
Business environment and tax
- Cyprus offers a transparent business environment with a clear regulatory framework.
- A corporate tax rate of 12.5%, which is competitive within Europe.
- Personal tax benefits depend on your tax residence status and individual circumstances.
Pathway to Cypriot citizenship
Hold permanent residence (PR)
Your permanent residence card is renewed every 5 years, provided you continue to hold the qualifying property.
Meet the residence and language requirements
At least 8 years of physical residence in Cyprus within an 11-year period, Greek at B1 level, and a pass in the integration test on Cyprus's contemporary political and social life.
Cypriot (EU) citizenship
Dual citizenship is permitted. A Cypriot passport offers visa-free or visa-on-arrival access to more than 170 destinations.
Speak with an advisor about Pafilia Plaza and
the Cyprus permanent residence pathway
Book a consultation
- An IMM Group advisor will contact you to discuss the details and assess the strength of your application.
- Your personal information is kept confidential under IMM Group's Privacy Policy.
Request a consultation
IMM Group is delighted to be of service. Please leave your details below,
and an IMM consultant will contact you with detailed advice and help assess your application’s chances of success.
We are committed to protecting your personal data and will only use it to advise on your family’s application.
IMMIMM GROUP
IMM Group · International investment immigration advisory since 2005 — IMM Group only advises on
business and investor programs; we do not accept labor export or unskilled worker applications (EB-3 and similar).
