Cyprus Property News
Cyprus Property Project News SPECIAL OFFER
Tuesday, September 16th, 2008 | Cyprus Property News | No Comments
A SPECIAL OFFER! Peyia Gardens E21 from €235,000
Townhouse E21 is now available and ready to move into as it is has been Fully Furnished(including white goods) from our Home Centre to show property standards.
Reserved - Paphos
• Erimi Gardens – Townhouse B1
• Tala Sea View – Apartment C203
• Tala Sea View 7 – Apartment 201
Reserved - Limassol
• Kleanthis Savva City Residence 3 (project under study) – Whole project reserved!
Why choose Cyprus for your Holiday Home
Cyprus undoubtedly has a very strong property market; with the UK, most of Europe and even the US reeling under a major credit crunch, the strong growth recorded by the country is even more surprising.
The Cyprus Mail recently noted that according to the Royal Institution of Chartered Surveyors, the island nation is one of just three stable markets in Europe in the current year. Cyprus has several advantages that work in its favour to attract international investors. Read more about Cyprus here >
Varnavas Pashoulis, President of the Cyprus Association of Valuers and Property Consultants noted, ‘Cyprus has its advantages that we are a small country and the demand can easily catch up, we are not like Spain where there is a need for a saturation period in the market for example.’
The strong tourism industry in Cyprus is another major factor boosting its property market. Cyprus is currently one of the most popular tourism destinations across the world. ‘Cyprus is getting more and more popular as it is increasing development for tourism and special interest tourism, with 52 blue flag beaches and high quality activities like golfing, diving, nature trails, cycling and more,’ Marios Christodoulou, a spokesperson for tourist authority Love Cyprus said.