Cyprus is an island rich in historical culture and a unique beauty and Cyprus has become extremely popular amongst holidaymakers from all over the world. With over 300 days of sunshine per year and offering many superb beaches spread along its coastline, it isn't difficult to see just why so many people have grown to love Cyprus.
Such prominent property investment markets like Cyprus reap high return benefits of around 4-5% per year for the coming ten years. This type of revenue returns seem set to carry on for the foreseeable future, meaning Cyprus will retain a stable economy and growth will continue in the right direction.
Even though North Cyprus has been popular with holiday home investors for quite a few years now, the increase in developments on the island has also continued, keeping up with the an increasing high demand. There are a whole bunch of determining factors that have helped to make this healthy investment environment possible. Favorable fiscal conditions, a high standard of living and a booming tourist industry and today's holiday home investors are not only finding North Cyprus to be a winning choice, but a European leader in property investment.
As well as the obvious attraction of the increasing demand for tourism on the island, there are a number of other factors which have aligned in recent time to present a more favourable investment opportunity. In particular, Cyprus' accession to full membership of the European Union (and the increased trading opportunities associated with this) has produced a vibrant and thriving economy, which coupled with the high standards of living and favourable tax conditions present a strong fiscal case for investing property in Cyprus.
The futures investment market is gleaming due to the credible reunification of the North and South of the island, as even more holiday home investment opportunities will come onto the market, as holiday home prices in the Turkish North are even cheaper than those in the south of the island. Current dialogue should unfold a final re-unification of Cyprus, so potential holiday home investors should watch out for the resulting political events in North Cyprus.
High quality off-plan projects being developed throughout the north of the island continue to increase with towns like Catalkoy and Bogaz booming. As soon as re-unification is a fact, such developments will surge as investors know that prices in the north will catch up with current prices found in Southern Cyprus
As things begin to get complicated due to the global financial crisis, investors have tough decisions to make regarding objectives and returns, but Cyprus is without a doubt a property investors paradise. Mark Burns, who works for Offplanworld.tv, a real estate company based in the UK that specializes in off-plan investment property throughout the world's emerging markets, offers a whole range of off-plan property on the island of Cyprus. - 15485
Such prominent property investment markets like Cyprus reap high return benefits of around 4-5% per year for the coming ten years. This type of revenue returns seem set to carry on for the foreseeable future, meaning Cyprus will retain a stable economy and growth will continue in the right direction.
Even though North Cyprus has been popular with holiday home investors for quite a few years now, the increase in developments on the island has also continued, keeping up with the an increasing high demand. There are a whole bunch of determining factors that have helped to make this healthy investment environment possible. Favorable fiscal conditions, a high standard of living and a booming tourist industry and today's holiday home investors are not only finding North Cyprus to be a winning choice, but a European leader in property investment.
As well as the obvious attraction of the increasing demand for tourism on the island, there are a number of other factors which have aligned in recent time to present a more favourable investment opportunity. In particular, Cyprus' accession to full membership of the European Union (and the increased trading opportunities associated with this) has produced a vibrant and thriving economy, which coupled with the high standards of living and favourable tax conditions present a strong fiscal case for investing property in Cyprus.
The futures investment market is gleaming due to the credible reunification of the North and South of the island, as even more holiday home investment opportunities will come onto the market, as holiday home prices in the Turkish North are even cheaper than those in the south of the island. Current dialogue should unfold a final re-unification of Cyprus, so potential holiday home investors should watch out for the resulting political events in North Cyprus.
High quality off-plan projects being developed throughout the north of the island continue to increase with towns like Catalkoy and Bogaz booming. As soon as re-unification is a fact, such developments will surge as investors know that prices in the north will catch up with current prices found in Southern Cyprus
As things begin to get complicated due to the global financial crisis, investors have tough decisions to make regarding objectives and returns, but Cyprus is without a doubt a property investors paradise. Mark Burns, who works for Offplanworld.tv, a real estate company based in the UK that specializes in off-plan investment property throughout the world's emerging markets, offers a whole range of off-plan property on the island of Cyprus. - 15485
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Discover these Cyprus Villa Tips produced by the illustrious Tim Martins and check out his Cyprus Travel Blog
