Paphos Property

Buying a property in Cyprus – a good investment

Known among many as the “Island of Love”, Cyprus is one of the most famous tourist destinations and the 3rd largest Mediterranean island attracting thousands of tourists every year. There are many reasons why so many people opt to buy a property in Cyprus.
As well as the warm climate which prevails throughout the year; Cyprus is home to many breathtaking beaches, world class cuisine and conditions suitable to peaceful living.

People say Cyprus is the place to go when one is retiring. It allows a simple and a leisurely life where people devote a greater part of their time to meeting friends and relatives, organising social gatherings and other pleasures in life. Cypriots are a friendly people who welcome visitors warmly. It is an ideal country for those who want a slow paced peaceful life.

Cyprus is an unpolluted country and buying a property in Cyprus can be a great investment since the property value is considerably higher than other European countries. Buying a property can be intimidating and a time-consuming task which can deter a lot of people. However, people can seek the assistance of property sellers and resellers based in Cyprus who are experts when it comes to buying a property there. The most practical and advisable procedure is to check out the options with them.

Whether it’s a beach-front property, a convenient town house within easy access of all the local amenities or a peaceful country house in the suburbs, property sellers can easily find the best location for you.

Owing to the improvements in international trade, tourism, public services, education and medical facilities, a recent survey has shown how the economy of the country has improved dramatically. In addition, there is a highly developed transport infrastructure so one doesn’t have to worry about getting around.

One reason why most people opt to buy a property in Cyprus is the low cost of living and with the entry of Cyprus in to the European Union more benefits have been added in relation to human rights.

Cyprus is a haven for those who love fun and entertainment. Night life is active in major towns and restaurants and cafeteria are in abundance. Cyprus is home to a large number of sites listed in UNESCO. Tourists fall in love with the wonderful beaches, mountains and scenic locations. It is also a great location for outdoor activities such as hiking, cycling, skiing, bird watching and walking. Among the most famous sites are Akamas national Park, the Troodo Mountain range with Mount Olympus, the Church of Ayios Lazaros, Stavrovouni Monastery, the Byzantine Museum, Tamassos – ancient city kingdom and many Tombs of the Kings.

Considering the above attractions and advantages, it is no wonder why so many people vie to have their own property in Cyprus.

Find More Cyprus Property For Sale Articles

Overseas Property For Sale Provides a Great Avenue For Investment

One of the most popular investment choices these days is buying overseas property. Overseas properties that are bought are used by people as holiday homes, retirement homes or as investments. Countries around the world welcome foreign investments in properties to boost their local economies. Some countries allow property investments by foreigners to earn much needed foreign exchange. Still, there are some countries that prevent foreigners from owning property in their country, by passing strict legislation against foreign ownership.

If you are planning to invest in the overseas property market, there are various destinations that you can choose from. There is a significant rise in the number of people who are buying overseas property mainly for investment. Even though the world is going through a difficult economic situation, investments in overseas real estate market are not falling. Investment in overseas property is looked at as diversification of risk and growth of amount invested. Therefore, overseas property for sale provides a great avenue for investment when compared to investments made in the stock market.

Property investments, when compared to investments in other asset classes, are less risky and volatile. Even though real estate is considered to be one the safest investments, always remember no investment is risk free. It is well-known that those who have invested in the property boom period of the 1980′s have found their investments depreciate. They were left with properties where they could not recover the investment made in them.

However property prices in some countries are rapidly appreciating and people are flocking to be the first to buy properties in these countries. Some countries like South Africa, Bulgaria, Dubai and North Cyprus have seen investments made in the property market grow more than 10 times in six years.

Many countries have created artificial barriers so foreigners cannot invest in their property market. This may be because of the threat of war, or due to political uncertainty. Still there are some countries that welcome foreign investments in their property market. They also provide various sops for foreigners to invest in their market. Some countries that have an open door investment policy are Malta, Poland and the Czech Republic.

These countries, in an attempt to increase the investments in real estate, have improved their infrastructure. They have also brought about policy changes to improve their economy. One country which surpasses others in creating investment avenues for overseas property investors is Dubai. Sheikh Mohammed bin Rashid Al Maktoom, the crowned prince of Dubai, has issued a decree that enables foreigners to hold freehold land in Dubai. This has resulted in huge investments in real estate market of Dubai.

Opulent villas are not the only property available for sale in Dubai. People, depending on budget, can invest in one bedroom flats or can buy a luxurious island. Dubai’s economy is booming and the purchasing capacity of the people has increased drastically. This has led to a huge demand for real estate, thereby drastically increasing the prices of properties. Another reason why people prefer investing in Dubai’s real estate is because of the tax advantage that they get by investing in Dubai.

If you are looking for long-term gains with minimal risk then investment in the overseas property market, specifically Dubai, is a good option. However I suggest you consider all the risks involved before making any investments.

Four bedroom bungalow for sale in Spitali Limassol from www.cyprusprop.com for 495000 Euro. Swimming pool, large plot, title deeds at www.cyprusprop.com Contact andrew@cyprusprop.com Tel: 0035799537985
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All About Cyprus Property, Apartments Cyprus – International Property Investment

Cyprus’s real estate and property market is booming dramatically due to the continuous work of construction companies who invest large amounts of funds towards infrastructure development. With the aid of the European Union as well as foreign investments property prices have gone up dramatically.

Cyprus property market has being said to be one of the fastest growing property markets in Europe. As reported by many agencies sales investment property is indeed one the of the most popular options exercised by local and foreign investors. Due to it’s radical growth, the tourism industry has made very feasible the process of ‘buy to rent’. The way it usually works is very similar to the US time share market, people spend their holidays in their apartment in Cyprus, once that period has passed they go back to their home country and rent it out once again.

As you can imagine, real estate companies are the ones organizing all of these special arrangements. One of the safest and friendliest destinations to buy a home is Cyprus, this country’s legal system is organized in such a way that resembles UK’s system which makes it easy for foreign buyers to obtain investment properties. Due to these advantages Cyprus has become an exclusive location for working, retiring, raising a family or investing. According to this country’s regulations a value added tax (VAT) on property related transactions is to become enforceable in 2008 which will unavoidably increase real estate market across the island.

At the moment there are numerous options ranging from apartments to villas and luxury houses to choose from. Banks and Financial institutions have made available easy loans to finance property purchase in Cyprus to foreigners in both foreign currency and Cyprus pounds. Loans available cover up to 70% of the property value and can be negotiated to 80%-85%, if the construction is new.

The repayment period ranges from 15 to 20 years, meaning you wont be caught in endless mortgage payments. A typical housing property in Cyprus gives a yield of 8%, which in net after deduction of all charges comes out to be 5% and is sufficient to cover mortgage. As expected, European Union membership has made property ownership in Cyprus easy and rental returns are going strong with better prospects in future.

Cyprus property can be acquired after completing and submitting a “permission to purchase” application with the Council of Ministers. Every foreign investor needs to go through this process, in order to purchase property in Cyprus which is not not a very restrictive method. An investor can purchase up to 4000 square meters of land plus an apartment or house which covers the needs of most property investors.

For happy investors www.ThePlazaTc.com can give tips on where to get Cyprus property for sale that really works.

Property in Cyprus Investment Market

Property in Cyprus Investment Market

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Home Page > Finance > Real Estate > Property in Cyprus Investment Market

Property in Cyprus Investment Market

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Property in Cyprus Investment Market

By: Steven Clarke

About the Author

Steven Clarke – Marketing Manager for www.cypruspropertyclub.co.uk. Cyprus Property Club brings buyers and sellers of properties in Cyprus together and contains 1000′s of Cypriot properties for sale across all the top locations including Peyia, Kato Pafos, Oroklini.

(ArticlesBase SC #606405)

Article Source: http://www.articlesbase.com/ – Property in Cyprus Investment Market

Individuals looking for a retirement home or second home overseas may find their answer in a property in Cyprus. The property in Cyprus market has been booming for the last five years, but is the bubble about to burst, or can continued growth be expected?
Foreign investment in property in Cyprus has dropped in recent months as a result of the ‘credit crunch’ and a strong Euro. However, despite the fact that the pricing of property in Cyprus is strongly dependent on the level of foreign investment, there is strong potential for growth in the both the North and South of the island.

A major factor driving demand is that the island of Cyprus is serviced by at least three different airports, with international flights accepted at Larnaca International, Nicosia and Paphos. This has prompted low cost air carriers to open negotiations to establish new routes to Cyprus. Increased budget air travel can be expected to drive visitor numbers in the years ahead, and the World Travel and Tourism Council is predicting an annual increase in visitor numbers of 4.5% to Cyprus this year. This will result in increased demand for property in Cyprus with subsequent rises in property prices and rental values.

Additionally, the climate is a major attractor to visitors to the island. Like many other Mediterranean locations, Cyprus has a temperate climate that provides warm sunny winter days as well as a guarantee of long hot summers, with temperatures that can be expected to reach 30 degrees centigrade. This means that there is visitor demand for rental of property in Cyprus all year around.

What is more, winter rainfall ensures that the island is lush, green and verdant for winter, spring and early summer. All property in Cyprus can be guaranteed to be within easy reach of an area of outstanding natural beauty, including vineyards, mountain ranges and beautiful coastlines.

Of greatest appeal to tourists and potential investors in property in Cyprus, is the fact that the island of Cyprus is surrounded by hundreds of miles of open, sandy beaches. Investors can choose between a location that provides miles of undeveloped seafront locations, or a location with beaches that are near to established lively tourist areas such as Ayia Napa, which is more ideally suited to service the demand provided by the young adult and family holiday markets.

These features of the island of Cyprus are relatively unlikely to change in the near future, and all of them represent good reasons for potential buyers to invest. However, there are a number of political issues that a potential purchaser of a property in Cyprus must take into consideration when making an investment decision.

In 1974, Turkey invaded Northern Cyprus after the attempt by Greece to formally annex the Island. Cyprus has remained a divided island ever since with two separate Republics established, although only the Southern Republic of Cyprus has ever been formally recognised by international authorities.

Following the introduction of an elected government, the Southern Republic of Cyprus was formally accepted into the European Union in 2003 and the Euro was formally adopted as the local currency in February 2008. This has provided political and economical stability to the South of the island, which has prospered in the last five years with major growth in the value of property in Cyprus.

Whilst the ‘North – South’ divide is reflected in prices of property in Cyprus, Northern Cyprus properties have received a boost after the disestablishment of border crossings in 2005. Furthermore, recent improvements in the political situation have increased the likelihood of the development of a long term resolution of the dispute that has divided Cyprus into its northern and southern regions.

As with all investment decisions, it is wise for any potential investor in property in Cyprus to take expert advice and to ensure that full advantage is taken of any local financial and investment incentives before making a final decision to go ahead.

Retrieved from “http://www.articlesbase.com/real-estate-articles/property-in-cyprus-investment-market-606405.html”

(ArticlesBase SC #606405)

Steven Clarke -
About the Author:

Steven Clarke – Marketing Manager for www.cypruspropertyclub.co.uk. Cyprus Property Club brings buyers and sellers of properties in Cyprus together and contains 1000′s of Cypriot properties for sale across all the top locations including Peyia, Kato Pafos, Oroklini.

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A Unique Cyprus Golf and Investment Property Website

Our website has been completely overhauled to present the very best golf and investment property in Cyprus at a glance. This has been accumulated for the potential property buyer or investor so they do not have to trawl through countless websites in order to find the best prospects. Another factor which we have taken in to account is that while there are mostly reputable developers in the Cyprus, recently there have been a few indiscreet property developers. Having been centrally involved within the property industry ” we have a philosophy of dealing only with reputable developers and laywers in this process ” Our core aim is not to provide the consumer with three thousand unsold properties but the top two hundred properties available.

Geographically most Cyprus golf property is uniquely situated in the Secret Valley and in this area alone there is access to over four superlative golf developments all of the highest build quality. What makes it unique is that these courses have epic views to rival anywhere in the world, the views encompass stunning mountain scenery, combined with secluded valley and mountain settings also incorporating lovely views over the Meditteranean. You are also less than a few minutes away from Paphos town if you enjoy socialising and a vibrant nightlife in a relatively crime free country. The crime rate here is amongst the lowest in the world today. In this location there are seven beautifully designed courses including a championship rated course. In buying a property here you are encapsulating some wonderful views as well as being centrally located right by all of these courses. You are not more than five minutes away from a course in any direction you care to hit a golf ball. The properties here are mostly nestled in to the mountains, this translated means that with most properties here you have views over the valleys and courses as well as being able to witness the beautiful Cyprus sun setting over the Meditteranean sea, a rare combination of views. Although Cyprus does cater to tourists in large numbers it is not as over commercialised as certain other European destinations and has an excellent balance of lifestyle.

What kind of property do you get for your money?

The properties and prices here are better value than other traditional golfing locations in Europe. A Million Euros in Cyprus will get you an exclusive golfing villa with four to five bedrooms and as many bathrooms and showers as you care to have. The finishing quality of these villas for this budget include the latest Italian designer kitchens and appliances, furnishings of your choice, landscaped gardens, large swimming pools, many of the builders here incoporate a lot of natural stonework in their properties and beside all the other features most of these villas are in the most exclusive areas of Cyprus. The secret Valley is regarded as the ” Beverley Hills of Cyprus ” A surprisingly little known fact is that many of the developers who have completed these projects are amongst the highest rated builders in Europe, Holding the ISO 9 certification amongst others.

What about returns on any potential investment?

There are at least five benefits why many of these properties have top potential investment returns in Europe at present. There is a Disneyworld being built in Cyprus as well as a massive tennis academy costing several hundred millions of pounds aiming to bring in big spenders and as well as this there are some truly beautiful world class hotels being built in and alongside many of the golf property locations. These hotels are targeting some of the worlds richest clientelle and this is a good sign that when they are fully operational, the golf property prices here are going to seriously rise in value. Most Cyprus golf properties are located on or right by courses, off-plan or under construction, properties have dramatically increased in value over the last five years due to demand from the 50,000 expatriates now living in Cyprus and the increasing numbers of international property investors who are taking advantage of niche markets thereby maximizing their capital appreciation.

There have also been some very important trade negotiations with the Arab States all throughout 2009 and in to the early part of 2010 which have resulted in many trade agreements and new legislation which will allow Arab investors to buy and invest in Cyprus.This will without doubt increase the value of desirable property in Cyprus and any shrewd investor should be looking seriously at this market.

Top news..

There is a brand new PGA golf course only just approved through the planning process in the Polis region! Now ready to go. This course has been designed by Jack Nicklaus and Gary Player no less.. and anyone who knows golf, knows with certainty that any courses designed by these two are investment gold and furthermore they are in some of the finest golfing locations in the world. Which says a little about this location.

A little bit about the location..

The area is in the Akama national park which is a heavily protected by UNESCO as a uniquely beautiful conservation area, which offers the best of all worlds. Heavily protected from over development you will not find the average tourist strip here! You will discover what makes the Greek islands so beautiful ” Unspoilt Greece” You will also find absolutely stunning mountain scenery, beautiful nature trails, epic sweeping forests, incredible scenic diversity and lastly breathtaking sea views over pristine coves and beaches two a penny.The golf and residential developments here are all small, tasteful and have incredibly good construction quality and are built in exquisite locations encompassing the most of the views. But yet you are not far away from major towns like Ayia Napa and others, should you need a break from your peaceful existence. There has also just been a motorway constructed to link this area to all the major towns in Cyprus.

Should you need any advice on purchasing a golf or investment property in Cyprus then do not hesitate to contact us, via our press release. Remember all advice and services are absolutely free!

http://www.1cyprusproperty.com

Source:
http://www.1888pressrelease.com/a-unique-cyprus-golf-and-investment-property-website-pr-207712.html

A BEAUTIFUL PROPERTY FOR SALE IN THE DISTRICT OF PAPHOS CYPRUS WITH EXCELLENT FEATURES AND FITTINGS.A GREAT PRICE FOR A GREAT HOUSE REFERENCE NUMBER DEV 2625

Cyprus Property. for Permanent Living, Holiday Home or Investment

Cyprus property is one of the most beautiful in the Mediterranean area which is one of the reasons it is in such high demand. Cyprus is an Island with a great history and warm loving people. Cyprus falls into a European standard of living yet living expense is less than that of most of Europe.

Cyprus property is especially interesting to foreign investors looking for a good safe return on their investment. Cyprus property developers offer a large inventory of properties in a variety of different locations to choose from.

Buying property in Cyprus has always been a sound investment and holiday property in particular continues to make fabulous returns on the money invested. Property prices are still lower than in many other European countries. Cyprus property for sale has very recently become an exciting investment opportunity as the country entered the European Union on May 1st 2004. Cyprus will also feel comfortably familiar to anyone as English is widely spoken.

The Cyprus property market is supported by a very stable economy and general infrastructure and in Cyprus a long established and transparent property buying system offers Cyprus property buyers a safe and secure property purchase.

Cyprus property is therefore an ideal prospect for anyone planning to purchase a holiday home abroad. Cyprus property is available to suit a wide range of investment budgets. Cyprus property is also available close to the 3 championship golf courses, and with permission having been granted for another 10 courses, a golf property in Cyprus could be of interest to those looking for a good investment. Cyprus property is a fantastic investment opportunity as the Island is in the middle of a huge property boom.

Holiday Villa In Paphos Cyprus, A Great Investment

Have you ever looked up the weather forcast for Paphos Cyprus? If the answer is “no” then we recommend that you take a look at it now. You will see that the weather is wonderful, hot and absolutely perfect for sunning yourself in your holiday villa in Paphos, Cyprus has around 320 days of sunshine per year.

Property is relatively cheap and flights are almost being given away so now is the ideal time to fly over and take a good look at Cyprus property for sale. Don’t wait too long, as prices are predicted to rise within the next couple of years and you could miss out on a fantastic bargain. Investing in a holiday villa in Paphos Cyprus could leave you stunned at its value and coupled with the great weather forcast for Paphos Cyprus, you will not believe your luck. Cyprus in a villa is a wonderful life.

Living in Cyprus is good for your health, the food is so fresh it is usually picked the same day it is on sale, the Mediterranean diet is one of the best in the world so that is an added bonus. Sunshine is in abundance, although it can become extremely hot on the coast during the summer months, but a quick dip in the pool of your holiday villa in Paphos Cyprus or the Med will soon cool you down. You could always start your day with a swim; this will set you up for the rest of the day. Wonderful, what a life.

Paphos is located on the Western side of the Island and the beaches are wonderful, why not take in a cruise on a glass bottomed boat and see for yourself. Paphos has its own castle which guards the harbour entrance and can be reached by a small stone bridge, you can climb up to the roof for some unrivalled views over the town and port, and this is worth doing as the views are out of this world. If you are feeling energetic, who not take a beach walk 10 kilometres up the coast to the Mavrokolymbos valley, the 600 metre crescent shaped headland, or follow the signs to the Mavrokolymbos Reservoir where you will find a ten metre high waterfall cascading into the “Baths of Adonis”

Why bother cooking in your holiday beach villa in Paphos. Cyprus is renowned for its food and Commandaria wine, so why not take a well earned break from the monotony of cooking and visit one of the many restaurants or meze houses around the town. Make sure you go hungry as the portions are huge. Why not take a leisurely stroll along the beach after your meal and gaze up at the stars, the night sky is beautiful and so clear you could almost see through the sky into the beyond.

Book yourself a flight and come and have a good look for your dream holiday villa in Paphos Cyprus, we are sure you will fall in love with the beauty of the Island, it is impossible not to, sitting in your holiday beach villa in Paphos, Cyprus will be almost idyllic.

Living in Cyprus in a villa may not be a pipe dream for much longer, prices are low, the flights are cheap and the weather forcast for Paphos Cyprus is hot. What more could you ask for?

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Cyprus Properties for Sale- A Worthwhile Investment

There are millions of people who go on holidays around the world each year. This is not surprising because in this day and age, so many people are working so hard that it is quite understandable that they would be in need of a suitable holiday to chill out and enjoy some moments of respite. People need to rejuvenate themselves and spend quality time with loved ones and family. If you are looking out for a property where you can get a chance to spend joyful and delightful moments, you can look up the Cyprus properties for sale. The island of Cyprus in the Mediterranean Sea is one place where millions of tourists gather from around the world, given the fact that this island is extremely beautiful and has so many wonderful beaches and also mountain areas that are a delight for any traveler.

Cyprus properties for sale offer a great deal of range in terms of the topography as well as the geography of the area in question. There are some properties that are near the sea in sea facing villas and mansions that are used as resorts as well as holiday homes that provide a great deal of joy to tourists. One can also have the option of buying such a property that can generate a lot of revenue to those who can use these as luxury resorts or maybe converted hotels or spas. One can also do timeshares with such properties that can get a lot of earning potential for owners. At the same time, you can use the property as your own summer or winter getaway as the case and your choice may be. What better way than to have your own property where you, your spouse and kids and you can enjoy some moments of joy away from the hurly burly and tensions of modern life.

When it comes to Cyprus properties for sale there are also options for people who want mountainous properties to enjoy cool summers, when the beach is sweltering and not so ideal. The beaches are more ideal for the autumn and winter months when the temperature in the mountains dips considerably. One can get properties at so many price points and of so many sizes and other specifications that matter such a great deal in property deals.

If you want Cyprus properties for sale, the best place to look for it is online as the range and options are quite boundless and will help you make the best choice possible.

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Cyprus Property on Sale – A Profitable Investment?

The Republic of Cyprus is one of the key tourist destinations in Eurasia. It is one of the most advanced economies of the times and it has been part of the European Union since May 2004. With the area developing rapidly and the cost of transportation being cheap, a lot of people would agree that Cyprus does seem like a beautiful locale to invest in. While you may think that it’s a distant dream it may not necessarily be so.

All of this put together, may make one think that a Cyprus property on Sale would be exorbitant, but not necessarily so. The property rates in Cyprus are escalating rather fast. Hence, it would be prudent to invest it in while the rates are low. A lot of villas and apartments are resold, which can be procured at reasonable rates. Irrespective of the real estate that one is willing to invest in, a prospective buyer will definitely be spoilt for choices. Considering the availability of plots; one could definitely choose to give shape to their dream house. In addition to that, the availability of amenities makes this even more possible. In the search for the perfect plot of land or the condo that fits your bill one must stay at one of the splendid hotels that Cyprus has to offer in between the Troodos and Kyrenia Hills.

If you still don’t have enough reasons to choose a Cyprus property on sale, then you should think about the prices that will appreciate in a few years time. If you are well ensconced in the busy New York or the cold Ohio or anywhere else for that matter, an investment in Cyprus could secure you a luxurious retirement.

Some other factors that could work in your favor are the beautiful climate and the serenity of the beaches, the flora and the fauna which are unmistakably Cyprus, and that the good life doesn’t stop here. It extends to a plethora of activities that one can indulge in – that is, once one has had enough of the calmness. Trekking, water sports, clubbing – you name it and Cyprus has it!

While most cities in America are just a tossed salad in terms of culture, Cyprus has a glorious past that makes for an interesting subject to delve in, if one chooses to. While that can be said about most of Europe, Cyprus has a charm of its own. With all of this in place, the range of properties is diverse and it has something for everyone, and for all budget ranges. Yes, it’s a profitable investment, and it would doubtlessly be a good idea to be on the lookout for a Cyprus property on sale.

Lucrative Investment Properties In Cyprus

The property market in Cyprus has shown resilience in this challenging time of global economic slowdown. Cyprus has its own glamour and is home to people within a diverse range of communities. This traditionally rich country is the third largest island in the Mediterranean and has some of the world’s cleanest beaches, and the pine forested mountains and citrus and olive groves giving it a unique character. Nicosia, in the central, is the capital of the country. Limassol in the south coast, Lanarca in the southeast and Paphos in south western Cyprus are hot and popular destinations. This sunny island has a short rainy winter and long dry summer making it highly attractive to foreign tourists.

The island has limited land resources, most of which are developed. This has attracted a sizeable foreign investment that expects a boom in property prices, given a shortage of land for development. The deposit level for buying a property in Cyprus has traditionally been in the 20% to 30% figure and restrictions on foreign ownership has been lifted. International Monetary Fund has projected a growth rate of 3.4% and as a result, in addition to the British investors, Russians and East Europeans are making a beeline for real estates in Cyprus. In order to support and attract foreign investment in property, Ministry of Commerce Industry and Tourism has set up Investor Service Center that is designed to meet the needs of investors.

Located on the crossroad of three continents Cyprus offers the lowest corporate tax rates of the European Union. Cyprus transitioned to Euro from 1st January 2008. As such, the Cypriot economy is poised to benefit from rate cuts by the European Central Bank. With a fall in interest rates, overseas and local homebuyers are keen to purchase new property at the lower rate of interest. Moreover, property market has been boosted by growth in tourist and business. After joining EU in 2004, property market of Cyprus has witnessed a capital growth in excess of 20% per year.

Property in Cyprus presents a lucrative investment option for individuals as well as large corporations. In addition to the appreciation of value in long term, these properties offer excellent buy-to-let opportunities. Recently, the government has approved 13 new golf courses that will be developed along a resort style theme for the benefit of tourism and those wanting to live in such a wonderful environment. Larnaca, Polis, Paphos, and Limassol are the target destinations for these up market golf courses resorts style projects. This presents a good opportunity for long-term investors in Cyprus real estate.

Paphos in particular is a popular tourist destination, with great beaches and mild weather all round the year. It has provision for small as well as corporate real estate investors, offering all round excellent investment opportunities. Properties in these areas are a charming combination of traditional aesthetics and modern design. There is a vast range of properties, from fully furnished studio apartments with covered parking and common swimming pools, to large luxury villas with modern amenities near to the beaches or International championship golf courses. Cyprus property offers investors an excellent opportunity to own a piece of their own Mediterranean land in the sun.