Karma Developers has been developing residential and resort properties across Cyprus for over a decade, with a portfolio spanning coastal villas, resort developments, and apartment communities across the island.
Cyprus is one of the Mediterranean’s strongest real estate markets in 2026, with apartment prices rising 7–8% annually, rental yields of 5–6%, and a pathway to EU permanent residency for buyers investing €300,000 or more in qualifying new-build property. Transaction volumes hit a 17-year high in 2025, confirming sustained demand from international buyers including a 327% surge in enquiries from UAE-based investors in early 2026.
For UAE residents and international investors, Cyprus offers what few markets can: EU property ownership, competitive tax regime (no inheritance tax, no property ownership tax, 5% reduced VAT on first homes), and rental income from one of Europe’s most popular tourist destinations with 4 million+ visitors annually.
✓ EU permanent residency from €300,000 investment
✓ 5–6% average rental yields (up to 10% in resort areas)
✓ No inheritance tax, no property ownership tax
✓ 5% VAT on qualifying first-home purchases (vs. standard 19%)
✓ Cyprus progressing toward Schengen Area membership
✓ 17-year high in transaction volumes in 2025
✓ 100% foreign ownership in qualifying freehold areas
Explore Karma Developers’ Cyprus portfolio below, and register your interest for pricing, availability and residency guidance.
What We Build
Hestia offers well-appointed apartments in Cyprus — designed for owner-occupiers and buy-to-let investors seeking stable rental income in the Mediterranean market.
Nissi Residences is located near the famous Nissi Beach area in the Famagusta district — one of Cyprus’ strongest-performing investment locations in 2026, with some of the highest price uplifts recorded in Q1 2026 per the RICS Cyprus Property Price Index.
Olivia is a residential apartment development in Cyprus — part of Karma Developers’ growing portfolio on the island, offering modern homes in a convenient location for residents and investors alike.
A luxury resort development in Cyprus, combining residential apartments with resort-style facilities in a stunning Mediterranean setting. Ideal for investors targeting short-term rental income or lifestyle ownership.
The Plaides Villa occupies a prime coastal position in Cyprus, offering luxury villas with direct or near-direct sea views. One of Karma Developers’ flagship residential offerings on the island for high-net-worth buyers.
Malama is a residential project in Cyprus combining contemporary architecture with island living. Suitable for both lifestyle buyers and investors seeking capital appreciation in the Cyprus market.
At Karma Developers, we’re inviting brokers, agents, and business professionals to join our trusted network of channel partners. If you’re ready to take your real estate journey to the next level, this is your opportunity.
As a partner, you’ll gain access to exclusive projects, competitive commissions, and full marketing support. We believe in building strong, long-term relationships based on trust and mutual success. With a track record of premium developments and on-time delivery, Karma Developers is the partner you can count on.
Let’s grow together in the fast-paced and rewarding UAE real estate market.