Well, it is literally a combination of hard facts, Financial figures and expert opinion combined which can make your decision to buy, retire or invest in property easier. So the essential question is why buy or invest in property in Cyprus and what makes buying a property here better than most other places in the world! Many people are now starting to appreciate the fact that Cyprus has become the most desirable and popular location to live in the world according to British expats. A survey of British people living overeas by probably the most distinguished financial newspaper in the Uk conducted a worldwide survey of britains living abroad! The conclusion, Cyprus was overwhelmingly first of the top ten destinations to retire abroad.
The survey took many factors in to account, things like: Climate, taxation, health care, pensions, crime rate, etc etc. The biggest factor in how this relates to properties is that homes bought here for the last twelve years have accrued in value at the rate of 100% every five years all over the island. This equals or surpasses any growth around the world in the same period. Moreover financially this has been one of the only growing economies aorund the globe, prior to and since the worldwide plunge in the markets of most countries. This all being said and done the most important question remains. Why is the trend set to continue well into the next decade and why should potential investors or people wishing to immigrate come here?
Cyprus has become one of the hottest tourist destinations on the planet without a doubt. The goverment has been very astute as while many other tourist boards have tightened their pockets, the Cypriot board has plannned and spent well for the future. Year on year there is a large increase in visitors to the island. Both main airports have generally had only regional tourists but Larnaca airport is in the process of being expanded to cater for international flights. There are many constuction projects in the pipeline which are definately going to appeal to visitors worldwide. Then there are many brilliant projects which are already underway which are guaranteed to attract major tourism as well as pushing property prices up at a rapid rate.
http://www.1cyprusproperty.com/
There is a Disney World being built in the Potaris region very soon as the application has already been approved. Added to this there is a huge project underway building a massive international tennis academy costing several hundred million in the very same area. Along with many other planned projects this is bound to increase the demand for properties in Cyprus for a very long time. There are also two of the finest golfing developments in the world at the moment going on here. The best features two Tony Jacklin designed golf courses and some property of epic proportions for the avid property investor. Best of all undoubtedly is that because of the knock on effect of the worldwide recession and the moderate downturn in the demand for properties in Cyprus, there are some properties that are so well priced that they will bring tears of joy to any property purchaser and ardent property mogul.
http://www.1cyprusproperty.com/
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