Cyprus Property
Cyprus property has attracted overseas property buyers and retirees for many years. There are strong links between Cyprus and the UK; most people speak English, there is an excellent legal system, it’s safe and Cypriot’s even drive on the same side of the road as in the UK. In many ways it is the UK with sunshine!
Property for sale in Cyprus
Southern Cyprus property, in particular Pafos, is the most popular location with overseas property buyers. North Cyprus property has not been as popular due to issues surrounding legal title of land. Recent legal rules have made North Cyprus property more attractive, however the issue of land ownership has not been fully resolved and any buyer should be aware of the legal risk involve in North Cyprus property.
Investment property in Cyprus
Cyrus property is very good value for money and represents better value than many other European countries. Property in Cyprus has experienced an excellent capital growth rate of 80% in the last five years. This is due partially to EU accession in 2004, the improving road network, new marina and the new airport which is due to open in 2008.
Golf Property
Golf properties are a popular choice with investment property and lifestyle property buyers. Property investment buyers are attracted by the excellent capital growth potential and the income options when not using the property for personal use. Avid golfers, like the year-round sunshine and the array of high quality golf courses make Cyprus golf property an attractive alternative to golf properties in Spain and the Portugal.
Population : 784,301 (July 2006 est.)
Capital : Nicosia
Language : Greek, Turkish
Currency : Cypriot Pound
Dialing Code : +357
International Airports : Larnaca, Pafos
