“Book a viewing trip to Cyprus” will be at the top of your list of New Year’s resolutions once you’ve read our 2017 review of the residential property market there. Rising property prices, increased rental values, golden visa schemes… book those flights now!
Why wouldn’t you buy a home in Cyprus? Sun, sea, sand, rising property prices and rental values are tempting overseas buyers in search of a permanent tan and a property with long-term investment potential.
Renting before buying overseas gives you the chance to really get to know your chosen destination. You can assess everything from the beach to the local bakery, as well as your potential social life, while searching for your perfect Cypriot home.
The number of property transactions in Cyprus has risen sharply, as more and more overseas buyers head to the island. Great news for anyone with an eye on the long-term investment potential of their home.
Cyprus has been put on the naughty step by the European Commission, which has forced it to implement an EU mortgage directive following some lending irregularities. It’s good news for property buyers needing a mortgage on the island.
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