Archive for February, 2008

Low interest rates benefits overseas investors

Cyprus adopted euro On January 1st 2008 and joined the rest of Euroland almost 4 years after its accession to the European Union. Telegraph has reported that Cyprus interest rate of just 4% has triggered the number property investors looking to capitalize on the low interest rate.
Cyprus has lifted most capital restrictions and lowered interest […]

Popularity: 33% [?]

Why investors want to go to Cyprus?

Overseas real estate expert says that Cypriots are known for their genuine and heartfelt hospitality which attracts overseas investors more. Investors have understood that it is not some ‘tourist charm’ but this all embracing warm hospitality is very much a part of their tradition.
James Dearsley, European Sales manager for Atlas International, has said that it was […]

Popularity: 100% [?]

Predicted 35% property price rise in Cyprus

Real estate experts have predicted that property prices may increase to 35 percent over the next 12 months in Cyprus due EU accession and adoption of euro. But as prices are still lower in real terms when comparing to other European countries, Cyprus property provides low-risk investment for different types of investors and is still […]

Popularity: 46% [?]

Brits’ property investors favour Cyprus

Cyprus has been the choice for British investors looking for overseas property investment opportunities recently. A survey by YouGov, the polling company, shows that one in six of first time UK buyers prefer Cyprus as their immediate choice.
They have reported that recent survey conducted about their favorite location and over 2000 people responded enthusiastically and […]

Popularity: 26% [?]

Cyprus economy growth tempts investors

Local media has reported that Cyprus economy is set to flourish further as it begins to use the euro in 2008. Investment in Cyprus remains a good prospect and is popular among foreign investors.
Economic growth in Cyprus is set to reach 4 percent this year, according to the country’s finance minister Michalis Sarris. He predicted […]

Popularity: 27% [?]

Cypriot villages attract investors

Property writer Kevin Moore has said that Cyprus as one of the most popular destinations in the Mediterranean is experiencing a noticeable change in investor’s requirements.
He added that prospective buyers and investors are looking for Cypriot villages away from the hustle and bustle of the holiday hot spots .They look for villages nearer to popular […]

Popularity: 18% [?]