About us
Our story
The strong performance of Cyprus is bolstering the island’s status as an FDI hotspot, presenting exciting opportunities for serious investors ready to move in fast and reap the benefits of one of the fastest growing EU economies.
Large-scale projects, tourism infrastructure, privatisations and a burgeoning oil and gas sector are all strengthening Cyprus’ appeal as an interesting investment location, and the island has already enjoyed significant inflows from the US, Asia, Russia and the Middle East.
Cyprus has come a long way in the last few years, surpassing all expectations, a fact reflected in a 9.1% increase in foreign direct investment in 2016. The island’s improved credit standing, after consecutive upgrades by international credit rating agencies, the successful recapitalisation of its major banks, bond issues raising over €3 billion in international markets, and numerous large-scale projects, have all contributed to the resurgence of Cyprus as a top foreign direct investment (FDI) location.
Boost in Real Estate Sales
Property sales in Cyprus also marked a significant increase thanks to foreign buyers. Property purchases completed by overseas buyers increased 63% year-on-year in the first three quarters of 2016, with overseas buyers making up 14% of all real estate transactions.
Cyprus continues to be on the top of the list for investors, holiday-home seekers, expats and retirees, with the traditionally popular areas of Paphos and Limassol leading the way– a trend likely to continue throughout 2017. Sales in Larnaca have also been rising rapidly from a low base.
Interest in real estate has partly been spurred on by the incentives offered in the country’s permanent residency and citizenship programmes, which require investment in property. According to some reports the schemes are said to have brought in over €3 billion in revenue over the past two years, with most enquiries coming from Russia and China.
Recognising this there was a need to provide professional Asset Management services to this growing industry and huge inflow of Investors which are buying real estate to rent for investment, so we created MIVIDA ASSET MANAGEMENT to cater for this need.
Performance
Our comprehensive property management services cover every facet of smart, effective ownership. We have experience with single-family, multi-family and commercial property, allowing us to help you realize the full potential of your real estate while also keeping costs down. The success of your rental home, condo, town home, multi-family or commercial property is our top priority.
Professional team
Our team has a successful track record of providing client specific, high quality residential or commercial property management services that maximize property values, enhance marketability and increase resident satisfaction – critical to ensuring your properties current and future success. Always learning, always improving while leading the way amongst property management companies
Long-term relationships
One of the keys to being a successful property management company is understanding how the client-tenant relationship works. Property managers are the liaison, or buffer if you will, between the two parties, yet they are the glue that solidifies the relationship, holds it together, and maintains it. So the development of long-term relationships with clients and their tenants is essential to the success of any property management firm.
We focus on you
We focus on you and your property investment. If you want a customised service and the ultimate attention to detail, then we are the company for you. We believe in actively listening to our client and using our extensive experience to best fulfil their requirements for property management. We are solely dedicated to managing rental property. We do not sell real estate, so our full focus is on providing our landlords with a high quality service.