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Falling interest rates are set to fuel investment property boom in Cyprus
Cyprus property prices are poised to increase by 50 per cent when the island joins the euro zone in 2007, by when mortgage rates are likely to drop from 7.5 per cent to 3.5 per cent...
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Now is the time to purchase your investment before Cyprus introduces 15% VAT on land sales
After EU accession, Cyprus is no longer just another tourist destination offering sandy beaches and fun. It’s becoming the home, work place, business destination and retirement home for more than half a billion people coming from all over Europe…
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Cyprus gets a facelift
Dowdy old Cyprus, beloved by British retirees and once home to endless rows of shabby seaside hotels, has been gradually changing. New hotels, like the ultra-expensive Anassa on the remote Akamas Peninsula and the designer-chic Almyra, have made this Mediterranean island a destination for many wealthy urban professionals from throughout Europe…
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Cyprus turns chic
Purchasing property on the Med’s biggest island used to be a budget option for retirees. Not any more, finds Helen Davies.
Drive along the newly tarred motorway in Cyprus, with the sparkling Mediterranean on one side and scrubby green hillsides on the other, and your view is punctuated not by herds of goats or Greek Orthodox churches, but by hoarding's advertising properties for sale…
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Why buy property in Cyprus?
Cyprus is situated at the eastern end of the Mediterranean and lies around 100 miles off the southern Turkish coast. The island of Cyprus has developed as a tourist hot spot through its long season (12 months long and a high season from May to September). ...
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