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Investing in Cyprus
Synopsis of Reasons
To buy
Distinctive
Concrete constractions
Different types of aesthetic design
Capital investment
Economic
Stable market with no political risks
since now an EU member state
Cypriot Economy has been opening up to
foreign investment
Young dynamic market
Up coming rental market
Analysts expect level of interest to rise
further once restrictions on foreigners buying property in Cyprus are
lifted for European Union accession
Due to the lengthy building process
demand for property is exceeding supply in many categories and regions
of the Island
Specific location is a prime A location
reflecting a blue chip investment
15% to 25% value once construction is
finished when you buy off plan
Prices are still much lower than the UK
and Spain. Spain is also overbuild
Possible political solution will shoot up prices
Only country where a foreigner can buy a
house, and have the right to live here as long as he doesn't work
Once restrictions are lifted we will have
a younger generation of purchasers wanting to work here, investors
buying up houses and leasing them, companies investing provident funds,
and eight new member states with no sea and sun. That’s millions of
people
Supportive reasons
Standard of living
Infrastructure for English people.
80% of the population speaks English
English schools
Excellent flight connections with the UK
Cypriots, British, Irish and other North
Europeans have already seen the potential:
The Cyprus Land Registry Office is an
effective body which has been one of the major reasons why Cyprus
property has been a successful and safe investment
Current Property prices are reasonable
and quality of properties extremely high
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