Investing in Cyprus Property
If you are having thoughts of investing in Cyprus now is the time to do so. Buying property in Cyprus could be a great investment, especially for those who want a holiday home or an investment property.
With ambitious plans to build new tourist attractions, including 10 major golf resorts in addition to the three already open, two new marinas, yacht clubs and sports centers, the future is looking up for the island making any kind of property investment in Cyprus a lifetime opportunity.
Investing in Cyprus properties has taken off in a big way over the past years, with many opportunists buying whole apartment blocks at a time or large chunks of holiday developments with a view to reselling in a few years. The “Buy to Let” concept has become a common practice to individuals investing in Cyprus as it is a very easy and safe way to invest and not be troubled about any mortgage payments.
Ever since Cyprus became a complete member of the EU it’s economic growth has progressed steadily, resulting in it’s rising popularity. The foreign resident population has developed in a big way forcing up property values as it becomes clear that it is a very special place to live in. It really is a dream come true opportunity as far as property investment in Cyprus is concerned.
With Cyprus now in the Euro zone huge investments are given the green light in infrastructure and new amenities. The ongoing projects to upgrade the Larnaca and Paphos airports and improve roads are also fuelling confidence to any person thinking of investing in Cyprus.
Investing in Cyprus is a particularly attractive move at the moment as the market has grown at a stable rate for a number of years, yet prices remain competitive. Cyprus off plan developments offer some particularly good deals, with value for money projects being built anywhere in the island. Buyers investing in Cyprus generally get more property for their money, with good size rooms and plenty of extras included in the price such as double glazing, air conditioning, solar heating panels, fitted kitchen etc.
Investing in Cyprus properties is a safe way to have an excellent return for your investment and still enjoy spending some quality time in one of the most beautiful and safe islands of the Mediterranean. No matter if you are a property investor or an individual property buyer one think is for sure, investing in Cyprus can be one of the best decisions you ever took in your life.