Cyprus Property Sales

 

Even before the entry of Cyprus into the EU, this holiday island's amazing geographical location, halfway between Britain and Dubai, had already helped to grow a thriving property market that had already started attracting the interest of leading international property investors.

Enormous amounts of international money has been invested into Cyprus, and with thousands of properties now under construction, Cyprus property prices have risen up to 50% in value within the last few years.

When you consider factors like the wonderful, mild island climate and the fascinating history, you will begin to understand why Cyprus property has been irresistible to many investors. Other things that this market has going for it include the low crime rate in a world where almost all other major destinations are experiencing an upsurge. The active property market is expected to explode in years to come, especially from Britons who now have an automatic right to work on the island and with social security and other benefits being transferable between Cyprus and the UK.

The return on investment has also been extremely good and analysts are predicting that this situation is bound to persist for sometime to come. Many experts are telling their clients to expect a return of between 15 per cent and 20 per cent annually for the next 5 years. Needless to say, this is a very attractive rate of return, especially when compared to recent general performances of stocks and other investments.

Apartments, beach properties and villas are all attractive potential property investments, and with town or beach apartment, anyone looking for a property abroad should look to Cyprus for an excellent return. Because of the huge and rising demand, coupled with the growing popularity of Cyprus as a tourist destination, one does not need to be an expert to see that property in Cyprus is set to continue rising for sometime to come.

Buying to let is a good option in Cyprus and it is easy to make a purchase self-funding within a very short time, through rental payments. The fact that Cyprus is an increasingly popular tourist destination means that demand will remain high, pushing rentals and the value of your property higher and higher all the time.