Cyprus has long been a favourite tourist and retirement destination. With the recent growth in the tourist industry due to increased facilities and an improved infrastructure, Cyprus is quickly taking on a new identity as a very sensible investment option within one of the fastest growing property markets in Europe. While the tourist industry in Cyprus is gaining momentum, Buy-to-Let investment in Cyprus is viable due to the increase in demand for rental property.
Real estate in North Cyprus is also becoming popular with property investors as it can also offer excellent returns. However it is essential that you understand the North Cyprus property land titles before you make any investment in Northern Cyprus.
Buying a property in Cyprus also appeals to many second home buyers who feel safe investing in a property market such as Cyprus, where the legal system is based on that of the UK. In addition, with full EU membership, Cyprus is highly regarded as one of the safest countries in which 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.