Investment Opportunity
Investment Property In Cyprus
Cyprus investment property delivers excellent potential for investors in the buy to let market and the investor looking for capital appreciation. This particularly applies to areas in the south such as Paphos, Peyia, Coral Bay, Pissouri, Limassol and Larnaca.
The recent ascension to the European Union has further strengthened the Cyprus property market for both the investor and homebuyer alike. Property prices continue to rise at a steady pace with good returns for the investor.
Cyprus is a firm favourite for the British tourist and property investor. As a former colony, Cyprus continues it’s love affair with the British with it’s all round sunny climate, clean beaches, beautiful mountains and countryside and laid back pace of life. Tourist figures continue to rise each year with nearly 60% of the visitors to the island being British.
For people looking to retire in Cyprus there is a large ex-pat community, especially in the South of the island such as Paphos. This is made even more attractive by the excellent tax breaks available, low crime rate and high standard of living.
The investment property market is being further fuelled by the development of two new international airports at Paphos and Larnaca and the large amount of low cost budget airlines that are now flying to Cyprus from most UK airports. With prices from just 50 GBP it’s easy to see why tourism is on the increase and why there is a high demand for holiday rental property and long term lets.
Cyprus4less is a premier property service that will help you find your ideal investment property in Cyprus. We have a team of experts on hand to advise on all areas of the Cyprus property market and locate you the best investment opportunities.
Why invest in Cyprus?
Cyprus benefits from a number of natural and economic factors that combine to make this island one of the best investments in Europe.
Natural Factors
- Cyprus benefits from almost year long sunshine which makes it a highly desirable destination for tourists and people looking for holiday homes or to retire.
- There are plenty of outdoor activities such as golf, walking, sailing, diving, nature watching and even skiing.
- The beaches in Cyprus are very clean with beautiful crystal clear waters and golden sandy beaches – ideal for familes.
- For the historians Cyprus offers a rich heritage from ancient ruins and mozaics through to byzantine churches and monastaries.
- The Cypriot culture is very warm and welcoming with strong British, Greek, Middle Eastern influences. In addition, most Cypriots speak very good English and they even drive on the left! (Most of the time!!)
- The proximity of Cyprus to the rest of Europe also means that there is an abundance of low cost flight available from all major cities – making getting to Cyprus very easy.
Economic factors
- Cyprus has a low cost of living and very low crime rates compared with other Mediterranean destinations which make for an ideal investment climate
- Property has a typical growth rate of around 20% per annum in selected locations
- The ascension to the EU has provided considerable financial assistance and other economic benefits such as investment in infrastucture.
- Cyprus plans to further boost tourism with a strategic plan to further upgrade facilities and resorts in line with 21st century tourism trends. This is set to boost an already thriving tourism industry on the island
- Cyprus has a highly successful and expanding economy which points to very strong potential for property investment growth in the future.
- The island’s the low tax regime makes investors’ money go even further, while pension income is taxed at only 5%
Land Plots
We have a team of professional property buyers who work with developers and land agents to create a carefully vetted list of the best land plots and properties Cyprus.
We will assist in the setting up of opportunities in Cyprus and the implementation of sound investment strategies to best suit your requirements.
