Cyprus

Cyprus

Limassol named best European city to buy a second home for post-tax rental yield

According to new research by Cyprus-based Philippou Law Firm, Limassol ranks as the best European city to buy a second home, offering the highest post-tax rental yield.

The researchers analysed 50 major European cities to rank the best places to buy a second home based on rental yield after non-resident income tax. Each city was assessed on the estimated purchase price of a 60m² city...