It is no secret that successful investment in property and buy to let property is still the most secure and simple way of building a significant asset base with little risk. With the UK house market stagnant many investors are looking at opportunities overseas.
Southern Cyprus has been a popular holiday destination for many years and with the continuing demand for second homes, and the increased demand for retirement homes, the market has continued to strengthen. Joining the EU in May 2004 has helped the situation further with property prices seeing rises of 15% per year. As property prices are considerably lower than other destinations like Spain this trend is predicted to continue. Cyprus also has the advantage of a well regulated legal system thus avoiding some of the well documented problems with purchasing property in Spain. Being in a central location Cyprus has visitors and investors from a wide area including the Middle East, Russia, Scandinavia, as well as the UK and Ireland.
With the continued boom in tourism as well as retirees looking to live abroad - Cyprus with its 320 days of sunshine per year and advantageous tax regime (retirees only pay 5% tax on their worldwide income) is a very attractive destination and therefore there is constant demand for property. The right property purchased off-plan will show a very good return on investment, as well as good opportunities for property rental.
Buy through A20 Real Estate Investment Division:Not all of the above are obtainable from every developer so please contact us with your requirements and we will produce the best investment package for you. For more information on these sound and exciting investment opportunities contact Peter Howard.
Golf properties
Owning golf property overseas has an irresistible appeal and deep attraction to many people of all ages. Living with perfect weather conditions for most of the year in a beautiful, cool, luxurious setting, and being near to a golf course is something most people can only dream about. FURTHER INFORMATION
Polis, Cyprus
23° Celsius
Fair
Paphos, Cyprus
27° Celsius
Clear
Limassol, Cyprus
23° Celsius
Fair
London, UK
14° Celsius
Partly Cloudy