Where to Buy Property Abroad 2009

An Investors Guide

Cyprus Flag

Property Investing in Cyprus

Where or What to Buy

Map of Cyprus

Standing at a crossroads between the mighty empires of East and West, Cyprus embodies a rich and varied cultural heritage that draws inherited influences from the Ancient Greeks, the Persians, the Egyptians and the Ottomans. As a result, Cyprus is a multiplicity of traditions, mythologies and cultures, with evidence from each scattered across the island. A land of beaches, mountains, castles and villages, Cyprus has a charm that is like no other, and with a climate that offers 340 days of sunshine a year, a low crime rate and an economy that makes the island an effective tax haven, especially for the British, it is not hard to understand Cyprus’ popularity.

Although some may have Cyprus down as a contemporary clubbing haven for the young and reckless, travel inland reveals medieval stone villages that have barely altered over the decades. Inhabited by aged Cypriots, these tranquil hilltop hideaways afford fantastic sea vistas and absolute tranquility. The southern Troödos Mountain range offers a decent ski season, with a variety of abilities catered for, and although the limited size of the resort may not constitute enough to make it a top ski destination in itself, the fact that within an hour one can go from sunbathing by the pool to shooting down the snowy slopes should count for a lot. Such diversity appeals to a range of visitors and means that 2.8 million holidaymakers visit Cyprus each year.

Still in this Chapter

  • Is this is good place to Buy?

  • Which type of Property should you go for?

  • Hotspots

  • The Purchase Process

  • Mortgages

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Investing Potential of Individual Countries

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