Vilanos finds investor interest in China
Chinese investors are showing great interest in the Cyprus property sector, as evidenced during the international property exhibition held recently in Shanghai, the largest city and port of China considered as one of the most important financial centres.
Taking part at the at the 10th Overseas Property and Immigration Investment Exhibition at the Shanghai International Convention Centre, where around 30,000 visitors arrived, was Vilanos Real Estate Agents, the only real estate agency from Cyprus with little aid from the Ministry of Energy, Trade, Industry and Tourism.
On the sidelines of the exhibition, veteran real estate consultant Alekos Vilanos held contacts in Shanghai, during which it was once again reaffirmed that Cyprus remains a reliable business hub because of its strategic position in the Mediterranean, with quality services and an ideal location for investment, mainly in Limassol district.
The property and investment show saw 110 exhibitors from 23 countries, including the US, England, Italy, Spain, Turkey, Australia, Germany, Belgium and Greece. Almost all the countries that took part in the exhibition, received an important subsidy from their governments, whereas in the case of Turkey, the government sponsored 80% of the cost of participation in the exhibition, according to Vilanos.
“Everyone who passed by or visited the Cyprus pavilion showed particular interest, sending, at the same time, encouraging signs for the real estate sector on the island. Some expressed a desire to visit Cyprus soon,” Alekos Vilanos said.
The representatives of Vilanos Real Estate Agents advised visitors on the services provided by the company showing interest in small houses and apartments of two and three bedrooms, as well as for large investments in real estate.
In addition, the visitors of the exhibition were informed about both programmes regarding the granting of permanent residence to nationals of third countries, and the plan for the exceptional naturalisation of non-Cypriot investors and entrepreneurs.
“China is an i mportant
the government, relevant ministries and agencies, should find solutions in order to facilitate investments by China in Cyprus,” Vilanos said upon his return to Cyprus.
“One way is to expedite the procedures for granting visas to Chinese citizens. Our company believes that an important milestone in strengthening and developing the relations between Cyprus and China in the financial, tourism and investment sector, as well as in finding solutions that will pave the way for China’s investment in Cyprus, was the official visit of President Nicos Anastasiades to China last month where an announcement was made that several visa processing centres will be established in China by the end of 2016 to assist the embassy with the consular services,” Vilanos said.