Immerse yourself in a culture that draws on Europe, the
Middle East, and 9,000 years of constant invasion. Crusader
castles rub shoulders with ancient vineyards, frescoed monasteries overlook
citrus orchards, and sandy, sun-soaked feet tread Roman mosaic floors.
Situated in the eastern Mediterranean Sea, the island of Cyprus sits at the
corner of three continents. For centuries Cyprus has been the meeting point of
Africa, Asia and Europe. The heritage of the island is clear even today, with
the Green Line division between Greek and Turkish Cyprus an obvious symbol of
the island's history.
Despite its divided past, Cyprus is on the road to greater unity. The Greek
side of the island joined the EU on 1 st May 2004 and the European Union is
improving multilateral relations with the Turkish side. This increasing
connection with Europe is just one of the factors that have driven the Cypriot
property market boom over recent years.
The island has an obvious geographical and historical appeal that has drawn
increasing numbers of tourists and second home owners. The resulting property
market boom is expected to continue for some time. Despite the fact that there
have been significant price rises in recent years, the Greek side of the island
remains at least 30% cheaper than Spain, and the Turkish side
even lower than that.
The vast majority of investors buy in new, purpose built developments which are
generally of a good standard. There is a wide variety of property available
ranging from low rise apartments in the Universal Gardens area of Pafos to
luxury villas in the surrounding hills, and excellent value
property around Protaras.
Cyprus has much to offer the visitor and with the current level of demand for
good quality property, it has much to offer the investor as well.
Our online database is currently being updated.
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