Cypriot tourist industry among top performers
Cyprus has been praised as one of the most popular holiday destinations in the whole world, according to a media report.
According to Love Cyprus, The Mediterranean country was described as the popular holiday destination for 12 months of the year, which has in turn created opportunities for overseas property buyers. Marios Christodoulou, spokesperson for the Love Cyprus, has stated that Cyprus provides visitors with a unique holiday experience.
Homes Overseas magazine said that Cyprus attracts a greater number of foreign leisure travelers, which has buoyed demand for property on the island and property prices are rising at a considerable rate. Figures reveal that in the last year alone, property values have gone up by nearly 20 per cent. Prospective investors look at making any purchase sooner rather than later before prices become inaccessible and early investors also would benefit from the high rate of capital appreciation.
The Financial Mirror cited government official data and reported that more than 307,000 foreign leisure travelers visited the Cyprus in June alone which is 8.8 per cent higher than the amount recorded same time last year. Figures also showed that Britons accounted for more than half of all incoming tourists.
Popularity: 28% [?]
