Overseas Property: Cyprus
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Travel experts say that attracts a considerable number of British holidaymakers every year. According to the travel agent Thomas Cook Cyprus is proving to be as popular as ever.
Cyprus is continuing to attract a considerable number of people from the UK each year, Thomas Cook revealed.
The average property prices in Europe have risen around 20% per year. For anyone considering investing in overseas property, Cyprus would be a good option. By investing in buy to let oversea property in Cyprus you’ll almost certainly watch your investment grow.
The relatively low cost of living in Cyprus is without doubt a positive advantage which continues attracting British tourists every year, securing your potential rental income.
Recent statistics pointed to Cyprus as being one of the most inexpensive countries in Europe, fuelling a better quality of life and marking the Mediterranean hot spot as an all year round holiday favourite.
New property developments are being built in northern Cyprus with two bedroom properties the most advisable for the rental market.
Look out for well appointed apartments close to amenities and with pool and parking to maximise short and long term let potential.
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