South Cyprus

A picturesque Island set in the Eastern Mediterranean and south of Turkey, South Cyprus has long been a popular destination for investors and second home owners. It is an island blessed with a warm climate and stunning scenery, from the snowy peaks of the Troodos Mountains to the sandy beaches of Pafos and Paralimni.

Property and Investment

• Location within location
• Angles of Investment
• Sea, Ski, Market & Culture

The growth in Cypriot Property prices is seeing an increase since South Cyprus adopted the Euro on the 1st January 2008.

Prices are increasing, but the astute investor now has the advantage of making firm purchases based on guaranteed data.

One of the fastest growing markets in Europe. South Cyprus is now planning to sell oil concessions for reserves found to the South and east of its coast; this will bring in more revenue and also more people looking to rent properties.

What do the next five years hold for this country?

Cyprus is an expanding economy. The tourist trade is a big asset for the country but it also attracts international firms as it is a well placed hub for business with Eastern Europe, The Middle East and the European Union.

Infrastructure

Travel to and from South Cyprus is easy and relatively cheap. There are two main airports, Pafos and Larnaca offering direct flights to most European destinations.

Sea, Market & Culture

Sea

Prices in South Cyprus have risen year on year and the purchaser has an excellent choice of coastal and inland properties. The investor looking for a medium return investment, now is the time to buy if you are looking for a property with sea views.

Development land directly on the coast will not be available for ever and the prime property in a good location, either front line or near the sea will be selling at a premium in years to come.

The main thought for the investor looking to resell a property is that in a popular area, you will be competing with newer developments. This is why not just location, but location within location is so important. To spend that little bit more to guarantee the right situation of the investment will bring dividends in the future.

Market

When money starts flooding into a country such as with European funding and possible oil revenue, various locations will develop as centres of commerce. The obvious choice is the capital Nicosia which has seen and will continue to see large rises in property prices. But this is not the only centre commerce and the wise investor will be keen to sport the other locations. Towns and cities such as Larnaca and Limassol are already seeing large commercial growth. So what are the factors to look out for?

• Is there a reason for a location to develop?
• Is there a sufficient pool of employees?
• Are there good communication and transport links?

Once the companies start to move in, new employees will follow, the first and obvious question is where are all the new workers, both local and foreign, going to live.

Culture

When we talk about culture, we are referring to what makes a country individual, we are covering historical towns and cities, areas that are steeped in tradition, both urban and rural.
When the local population are making more money and visitors are flocking to see the sights, you have two markets both local and international, which will increase your return.

Types of purchases available

• New-build villas and apartments
• Traditional houses for renovation
• Land

As with any investment, the more knowledge that you have at your fingertips, the more chance there is that your investment will reap dividends.

When you look to invest your money, we will not only inform you about the particular development, house or land that you are interested in; we will show you why that particular investment is worthwhile.

As an individual you need up-to date on the ground information.

Our goal is for each and every person who invests in this country to be secure in the knowledge that they have made the most informed and suitable purchase for their needs and aspirations.