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Cyprus is
the third largest island in the Mediterranean, and for thousands
of years a trading centre due to its location within Europe connecting
Africa and Asia. A leading holiday destination, due to its excellent
climate with very warm, dry summers and mild winters with a wide
variety of natural beauty, famous historical sights, rich culture,
and above all, friendly and welcoming inhabitants, which combine
to offer a safe environment for residence and investments.
The Cyprus
Property market is one of the fastest growing markets
within Europe. Purchasers are attracted by the potential growth
in terms of returns on investment of property in Cyprus compared
to other countries in Europe and the UK. The climate (340 days
of sunshine a year), along with easy access to the UK, Europe
and other destinations is also a significant plus factor when
considering the purchase of property to buy in Cyprus.
In Cyprus (South)
you drive on the left hand side of the road as in the U.K!
The
relatively low cost of living in Cyprus has an added appeal for
the potential buyer, offering a full and inexpensive lifestyle.
Recent statistics pointed to Cyprus as one of the most inexpensive
countries in Europe. The local markets flaunt a wealth of colourful
fresh fruit and vegetables, meat and fish, and Cyprus' modern
supermarkets are fully stocked with a large range of local and
imported goods. The local population is Greek speaking. Cyprus
was once a British colony resulting in over 80% of the population
speaking English. Street signs, direction signs, and shop signs
are written in English. Knowledge of German, French, Russian
is increasing with the Island tourist trade.
Cyprus is the lead nation waiting to join the
European Union by 2004 which is another factor affecting the
growth and prices in the property for sale market of Cyprus.
It is expected that in the run-up to becoming a member of "the
club", prices of property for sale in Cyprus will continue
to rise at an estimated growth rate of around 20% per annum.
For
more information on Cyprus Property and to arrange your viewing
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