Online searches for Cyprus property increase
Online Searches for homes overseas have increased by over a quarter during the first half of the year, it has been reported.
Travelsupermarket.com has stated that property investors generally find it much comfortable to research in the web. The online portal added that property buyers can easily look at the whole market online in order to find the best deal. Hunting for property online has increased last year by 26% and over 10.2 million people used the web to search for property overseas. Cyprus is listed in the top ten popular property destinations with more than 21% searches. This suggests that Cyprus is enjoying a property boom as investors look for alternative ways to find holiday homes, rental properties and investment opportunities.
The Sunday Mail described Cyprus as a hotspot for overseas investors, including holiday home buyers who want a residence for personal use. The Global Property Guide flagged Cyprus as a good location for those who wish to invest in a foreign property, with a recent report showing that prices have risen steadily during the last 12 months. The country is one among the 13 countries to have seen the cost of property increase over the last year, showing a rise of 13.26 per cent.
Figures from the Homes Overseas magazine show that in the last year alone, property values have increased by nearly 20 per cent.
Popularity: 28% [?]
