Property in Cyprus is still growing in popularity with many buyers looking at property in Cyprus as an investment opportunity. There are many reasons why property in Cyprus is seen as such a stable investment and is being chosen by so many overseas property buyers.

Cyprus real estate is seen as a safe investment with the Cyprus property market growing at a stable rate and property prices currently very competitive compared with other EU locations. The tourist industry in Cyprus is also gaining momentum making buy to let investment in Cyprus viable with the increase in demend for rental property and becoming a full EU country member property market in Cyprus is booming and has become one of the fastest growing property markets in Europe with many additional benefits for investors choosing property in Cyprus as an investment.

Buying a property in Cyprus also appeals to many second home buyers who feel very safe investing in a property market such as Cyprus where the legal system is based on that of the UK in addition to it being a full EU member country. In fact Cyprus is regarded as one of the safest countries to purchase property in at the current time. Property in Cyprus offers a stunning climate and some beautiful beaches, a very strong existing infrastructure and excellent travel options.

Demand and market activity has caused local property values to show a steady and at times sharp appreciation, but this trend has now a slower pace. Good properties especially resales are still abundant, and local property prices are still much lower than those of other European countries.

Prices in Cyprus are on average 20% lower than Portugal, 30% lower than Spain and 50% lower than Italy and France. In addition building quality in Cyprus is usually higher than comparable properties in the above countries.

Long Beach Property Developers
3 Gr. Afxentiou Ave., Avensia Court 3, Shop 1
P.O. Box 40626, Larnaca 6306, Cyprus

Telephone: +357 24 82 40 24
Mobile: +357 99 47 78 79 or +357 99 44 55 30
Facsimile: +357 24 82 40 25
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