Cyprus Information

How does a warm Mediterranean climate sound as the site of your holiday overseas investment property? That is what you get when you buy a holiday villa or house in Cyprus, which is fast becoming the destination of choice for those looking for foreign real estate or a romantic holiday and winter location. Families, singles and retired couples can all find something to suit their taste and budget in this country where the quality of life is extremely high. There are many advantages to investing in property in Cyprus in addition to the fantastic climate. The cost of living is about 30% cheaper than in the UK and buying a home here allows you to become a resident.

It is very easy to adapt to life in Cyprus. English is widely spoken and the legal system has its base in the UK legal system. The economy of the country is very stable and is continually growing, as Cyprus is part of the EU. It offers a low tax haven for ex-pats and with the low crime rate you can live here in safety at any time of the year.

Cyprus is the largest island in the Mediterranean and offers more than 340 days of sunshine each year. Here you can enjoy diverse landscapes with mountain peaks clad in forests of pine, stunning rock formations in the Troodos Mountain Range as well as long stretches of sandy beaches. As the crossroads of three continents, Cyprus also offers a diverse culture. Here you will find tranquil traditional villages as well as a modern infrastructure, which makes it the ideal location for buying investment property.

Enjoy living in the legendary birthplace of the goddess of fertility - Aphrodite. This is just one of the cultural treasures you can explore when you purchase the home of your dreams in Cyprus. Resort locations such as Pafos, Peyia Village, Kato Pafos, Limassol and Tremithousa Village have exciting properties for sale where you can get a respite from the cold northern winds of winter.

Compared to other countries in Europe, the process for foreigners buying property is Cyprus is relatively stress free. Non-Cypriots are entitled to have freehold ownership of a villa, an apartment or investment property. Once you choose the property, you just have to pay a reservation fee while you are waiting for your lawyer to draw up the papers. Depending on the agreement that you make with the seller, when you sign the contract you can make a deposit on the property or pay the amount in full. Once you make the final payment, you become the owner of a home in the most exotic of the Mediterranean destinations.

You do have to apply for permission to purchase investment property in Cyprus, but your lawyer will handle all this for you. If you retain the property for thirteen years and live there for a period of time with ten of those years, you could be granted Cypriot citizenship and the application for citizenship is easily approved. With two international airports located at Pafos and Larnaca, you are never far from home as there are both commercial and chartered flights to airports in the UK.

Check out the wide range of properties that we have available in Cyprus, such as 1, 2 or 3 bedroom apartments surrounded by outstanding recreation facilities and stunning scenery. Most of the areas have great potential for property growth, due to the proximity to unspoiled natural beauty and easy access to planned motorways through the country. Enjoy a private bungalow located just outside of town where you have all the amenities of supermarkets, banks, taverns and restaurants. You will be able to enjoy your holiday in luxurious surroundings for far less than you ever thought possible.

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