Why Cyprus?
Cyprus offers the overseas property investor a range of
opportunities and benefits that make it one of the best places to buy
abroad. With a warm climate throughout the year and its long standing relationship with Britain it is attractive to many types of UK investor. Attractive taxation laws and a legal and banking system based on the British model also make it a good place to invest.
The island joined the EU in 2004 which has resulted in improved infrastructure, communications and facilities, particularly in the medical and educational sectors. Many people speak English and it is easy to find solicitors and other professionals who are used to dealing with UK investors.
The market
Property prices have risen significantly over the past five years, but still represent good value in comparison with other more established markets, such as Portugal, Spain and Italy. This is particularly so for new build property, which is available across the majority of the island.
There are a wide range of beautiful developments available for viewing including apartments, villas and off-plan opportunities. Buyers include property investors, those looking for a holiday home which they will rent out when not being used and people looking to retire to the island.
There is a significant ex-pat community which is important if you wish to sell your property at some point in the future as this provides you with a ready market of potential buyers.
Getting there
Cyprus has two main airports at Larnaca and Paphos and is well served by many different airlines throughout the year. It remains a popular holiday destination so flight prices are competitive and flights are frequent.
We can arrange to take you to Cyprus to view a range of properties and will cover your hotel costs whilst visiting.
Contact us now and we can send you details of the latest development projects in Cyprus.
A member of the ROP UK Network
The Overseas Property Professionals