Cyprus is an island rich in historical culture and a unique beauty and Cyprus has become extremely popular amongst holidaymakers from all over the world. With over 300 days of sunshine per year and offering many superb beaches spread along its coastline, it isn't difficult to see just why so many people have grown to love Cyprus.
Such prominent property investment markets like Cyprus reap high return benefits of around 4-5% per year for the coming ten years. This type of revenue returns seem set to carry on for the foreseeable future, meaning Cyprus will retain a stable economy and growth will continue in the right direction.
Whilst Cyprus has been popular with property investors for a number of years, the level of interest in developments on the island have increased in recent times. Attracted by a variety of different factors including favourable tax conditions, high standards of living and a strong tourism industry, property investors are not only looking on Cyprus favorably, they are seeing it as one of Europe's premier investment opportunities at present.
Apart from an increase in North Cyprus as a leading tourist resort, there are also other factors that in recent times have lead to more favourable holiday home investment opportunities. Without a doubt the membership of Cyprus into the European Union has resulted in an increase in trade with it's European partners, a thriving economy, a higher standing of living, lower taxation and a better legal system have all played their part in promoting holiday home investments within North Cyprus.
The futures investment market is gleaming due to the credible reunification of the North and South of the island, as even more holiday home investment opportunities will come onto the market, as holiday home prices in the Turkish North are even cheaper than those in the south of the island. Current dialogue should unfold a final re-unification of Cyprus, so potential holiday home investors should watch out for the resulting political events in North Cyprus.
Already there are an increasing number of high quality projects being developed throughout the north of the island, and destinations including Catalkoy and Bogaz are already proving popular investment choices. Should re-unification be confirmed, this development process is likely to gather pace considerably, with prices in the north increasing to equal levels currently found throughout the south of the island.
With the global financial crisis on the table, property investors have difficult decisions to make regarding financial objectives, but North Cyprus is definitely a holiday home investors paradise. Mark Burns of Offplanworld.tv, a property company based in the UK specializing in off-plan investment holiday homes in global emerging markets, has a whole range of intersting off-plan holiday homes in North Cyprus. - 15266
Such prominent property investment markets like Cyprus reap high return benefits of around 4-5% per year for the coming ten years. This type of revenue returns seem set to carry on for the foreseeable future, meaning Cyprus will retain a stable economy and growth will continue in the right direction.
Whilst Cyprus has been popular with property investors for a number of years, the level of interest in developments on the island have increased in recent times. Attracted by a variety of different factors including favourable tax conditions, high standards of living and a strong tourism industry, property investors are not only looking on Cyprus favorably, they are seeing it as one of Europe's premier investment opportunities at present.
Apart from an increase in North Cyprus as a leading tourist resort, there are also other factors that in recent times have lead to more favourable holiday home investment opportunities. Without a doubt the membership of Cyprus into the European Union has resulted in an increase in trade with it's European partners, a thriving economy, a higher standing of living, lower taxation and a better legal system have all played their part in promoting holiday home investments within North Cyprus.
The futures investment market is gleaming due to the credible reunification of the North and South of the island, as even more holiday home investment opportunities will come onto the market, as holiday home prices in the Turkish North are even cheaper than those in the south of the island. Current dialogue should unfold a final re-unification of Cyprus, so potential holiday home investors should watch out for the resulting political events in North Cyprus.
Already there are an increasing number of high quality projects being developed throughout the north of the island, and destinations including Catalkoy and Bogaz are already proving popular investment choices. Should re-unification be confirmed, this development process is likely to gather pace considerably, with prices in the north increasing to equal levels currently found throughout the south of the island.
With the global financial crisis on the table, property investors have difficult decisions to make regarding financial objectives, but North Cyprus is definitely a holiday home investors paradise. Mark Burns of Offplanworld.tv, a property company based in the UK specializing in off-plan investment holiday homes in global emerging markets, has a whole range of intersting off-plan holiday homes in North Cyprus. - 15266
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Read these Cyprus Property Tips written by the illustrious Tim Martins and check out his Cyprus Holiday Blog
