Experience Cyprus.
We manage it.
Advice on property investment, relocating and property management from a single source.
Invest, relocate, let
Advice on property investment, relocating and property management – from a single source.
Consulting & relocation
Market overview, location advice and personal support with your decision – all the way to your move to Cyprus. We introduce you to lawyers, tax advisers and banks.
Property management
Letting, guest care, cleaning and reporting – either as a full-service model or as rent-to-rent with a fixed rent.
Our own holiday apartments
From the end of 2026 we will offer our own holiday apartments in Paphos – with the same service we provide for owners.
Three packages – your right start
Every path begins with your personal goal. Choose the scope that suits you.
Orientation
€390- The perfect start – whether a pure investment in Cyprus or a move
- Meeting in Vienna, Paphos or online
- Goal analysis and written roadmap
- Region check, cost and time plan
- Credited towards Package 2 or 3
Complete relocation
from €2,490- Lawyer, tax adviser and bank introduced and accompanied
- Registration, account, housing search coordinated via partners
- 3 months of aftercare
Business & relocation
from €4,900- Everything from Package 2
- Set-up and non-dom coordinated through independent professionals
- 6 months of aftercare
Initial consultation free of charge and without obligation – in Vienna, Paphos or online. Request an appointment →
Prices net plus VAT. Fees of lawyers and tax advisers as well as official charges are not included; services of lawyers, tax advisers and banks are provided by independent third parties. The scope (appointments, travel costs) is agreed in the initial consultation. No tax, legal, financing or investment advice. No guarantee.
Experience Cyprus with us
Insights, projects and everyday life in Cyprus – follow Sonnenwohnen on your favourite channel.
You own it. We take care of it.
Two models – you choose how much responsibility and income participation you want to keep.
Full-Service
We take over the complete letting of your property and you receive the income after a transparent statement.
- Listings, pricing and bookings on the major portals
- Guest communication, check-in and check-out
- Cleaning, laundry and maintenance coordination
- Regular, traceable statements
20% commission on the gross booking price.
Run the exampleRent-to-Rent (Master Lease)
We rent your property from you and let it on. You receive your rent reliably – without occupancy risk and without effort.
- We let the property and settle our part with the tax office.
- You receive your rent and take care of your own taxes.
- Operations, guests and upkeep are on us.
First talk
We get to know your property and goals and recommend the right model.
Preparation
Furnishing, professional photos and listings on the key portals.
Operation
Guests, cleaning, key handover and upkeep – all from one hand.
Reporting
Clear statements showing every deduction – you always keep the overview.
What is left for you?
Calculate it yourself – transparent, step by step: from the booking to your payout (Model A – with 9% VAT or as a small business).
Fixed: commission 20% of the gross booking price. The cleaning fee is a pass-through item: after the portal deduction it covers the cleaning. VAT applies to the booking price only.
Who handles the taxes?
Option 1 (Model A): You are the landlord, we manage. You or your tax adviser pay the VAT on the booking price to the tax office (mandatory from €15,600 annual turnover; below that, small business without VAT).
Option 2 (rent-to-rent): We let the property and settle our part with the tax office. You receive your rent and take care of your own taxes.
Non-binding example. The VAT rate (9% or 19%) and tax treatment depend on the individual case – please have them confirmed by your tax adviser.
Example calculation as PDFCyprus – a market with substance
Sunshine, the EU framework and strong demand: Cyprus is one of the most exciting property markets in the Mediterranean.
Sources: PwC Cyprus; 2025 tourism figures. No guarantee of accuracy.
Why Paphos?
- In 2025 Paphos reached a 28% share of sales above €1.5 m (PwC Cyprus).
- Mild climate all year, airport, beaches, marina and historic old town.
- Strong demand for holiday accommodation – also outside the high season.
- The Cypriot economy is growing: GDP +3.8%, 3rd in the EU.
Taxes & costs at a glance
- No state property tax, only minor municipal charges; no inheritance or wealth tax (please clarify consequences in your country of residence).
- New builds: 19% VAT; 5% only for your own main residence, subject to conditions.
- Resale: transfer fees (approx. 1.5–4%) instead of VAT; stamp duty abolished since 1 Jan 2026.
- Holiday letting: registration and VAT obligations depend on turnover – example calculated at 9%.
Example: a good year
Apartment at €250,000, €160 per night, 70% occupancy (a good year; the market average occupancy in Paphos is usually 40–50%): after VAT, portal fee and commission the owner keeps about €23,200 per year – roughly 9.3% of the purchase price (before running costs; model calculation, no yield guarantee). With market-typical values (€130 per night, 50% occupancy) it is about 5.4%. As a small business without VAT it is about €26,500 (approx. 10.6%).
Example properties by price range

Apartment
Compact, easy to maintain and ideal for holiday letting.
from €200,000 plus VAT
Villa
Private pool, garden and space for families.
from €450,000 plus VAT
First-line villa
Direct sea-front location – premium segment.
from €1m plus VATPrice ranges for orientation, not specific offers. Tax information does not replace advice from a tax adviser or lawyer; as of October 2026.

Free investment report
“Cyprus Real Estate & Investments” – everything you should know before buying in Cyprus.
- Market and locations with a focus on Paphos
- Taxes and an example calculation for your letting
- Our models and consulting packages at a glance
A family business with heart
Austrian reliability meets Mediterranean lifestyle. We look after guests and owners personally – the way we would expect from a partner ourselves.
- Bernd Pichlbauer – Director, Sonnenwohnen Limited
- Sabine Pichlbauer – Company Secretary
- Jonas Pichlbauer – Managing Director, Sonnenwohnen GmbH, Vienna




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