Real estate market &
property investment in Cyprus

Island Cyprus lies in the calm and clear waters of the Mediterranean Sea and enjoys over 300 days of sunshine every year! This makes the island very popular to holiday makers and vacation property buyers. Cyprus is now the perfect real estate investment location for local and international property investors. In fact, for anyone who wish to diversify its investment portfolio and make a good profit on the real estate market in the near future, Cyprus is one of the hottest destinations.
With strong annual incomes achievable from renting the property on the holiday market year round, where else should an investor looking right now? Add the fact that anyone who purchases a home in Cyprus for investment purposes could also spend the holiday there and enjoy the Mediterranean life-style, excellent cuisine and sunny beaches. This are the reasons to invest on real estate market from Cyprus immediately! Since Cyprus joined the European Union in 2004 the rules relating to the foreign ownership of real estate on the island have changed and now are very attractive. All owners of a property in Cyprus have the same property ownership rights as the Cypriots. This means that owning property in Cyprus is safe and the entire property title registration process is secure.
Investors interested in the real estate market from Cyprus should note that the most popular properties that holiday makers want to rent out are apartments close to golf courses and beaches and villas with private swimming pools. The home buyers are generally in search of apartments or houses close to the shores; now the most attractive tourist resorts from Cyprus are Paphos and Larnaca, so are good places to buy a propery for rent.
Whatever reasons have somebody to buy a property in Cyprus, there are a great number of benefits for a house or apartment owner. The main reasons could be:
- The weather: the appeal of a life with constant sunshine should not be underestimated. The temperatures, especially around the coastal areas of the island, are ideal all year round and the winter is mild and short, with an average temperature of 17 Celsius degrees.
- The lifestyle: the lifestyle in Cyprus is very laid-back and relaxed. Many move to Cyprus because of its low crime rate. In fact, most of locals don't lock their cars...
- The buy to let potential: many real estates in Cyprus have a high buy-to-let potential and this provides to property buyers a very good investment opportunity.
- The living costs: if you have ever been in Cyprus on holiday you already know that the actual living costs are remarkably low, making it an ideal destination for many western Europeans, Americans or Australians.
- The local hospitality: not only that the local people are extremely warm and friendly but about 90% of the population speak English! This makes Cyprus a great choice to live abroad almost for everybody.