Cyprus - An overview

There are a good number of reasons why Cyprus might be the ideal location for your perfect home in the sun - more or less year round sun and warm weather, easy access, tax benefits for retirees, English is widely spoken, property prices are generally cheaper than Spain, Italy and Portugal. 20 reasons to buy here.

It’s a wonderful place to live.

Besides clean air, probably the best climate in the whole Mediterranean, picturesque mountain villages and enticing beaches, great food and a healthy lifestyle, Cyprus is also benefitting from its entry into the EU in 2004.

The economy has had a boost and there are a number of major investments which all make owning property here an even more interesting prospect.

Facelifts for Popular Larnaca and Paphos

For example, both of the international airports at Larnaca and Paphos are undergoing redevelopment to significantly increase passenger capacity.

Paphos is getting a new, top class marina (1,000 berths) and promenade.

Ten more luxury golf courses are planned to join the existing four that are already operational.

Strong Property Market

Property prices have risen over the last ten or so years but a number of factors nonetheless make home ownership here an attractive proposition. Cyprus is still one of the most affordable places to buy a home in the Med… and independent research is forecasting that prices will continue to rise by perhaps as much as 15% to 20% per annum over the next decade.

With the climate as it is (340 days of sun per year), the rental season is longer than in most other countries, which means, of course, that if you are planning to let your property out, your rental income might easily span nine months or more.

So, having had the briefest of tasters of this fantastic place, why not invest a few minutes and find out a little more? We want you to be able to make an informed decision and so we’ve prepared plenty of material for you.