10 Reasons to Buy in Cyprus

Property in Cyprus is increasing in value year on year and is proving to be a wise investment. Here at BuyingForeignProperty.com, we have put together the top ten reasons for why you should buy a property in Cyprus:

1. In Cyprus, the purchaser can become a resident.
2. The property buying system is based on English legal and financial systems, making it easy to understand.
3. Property prices are still relatively low in Cyprus.
4. Property prices are set to increase over the next few years, leaving investors with excellent returns on their investments.
5. Tourism is on the increase in Cyprus meaning if you buy a property with the intention of buy-to-let, you should have no problems finding people who want to rent.
6. The cost of living in Cyprus is fairly low.
7. 90% of people in Cyrpus speak English so there will be no language barrier problems.
8. All road signs are in both English and Greek, making it easy for you to navigate around.
9. Cyprus boasts about 200 days of sunshine a year. The weather is warm most of the year around, making it excellent for holidays and retirement.
10. Cyprus has excellent medical care. Although private insurance is required, the rates are cheap and the service is usually top-class.

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  1. From Cyprus Property Buying Area Guide | Overseas Property Buying Guides | Buying Property in Cyprus | Buying Foreign Property | May 7, 2009

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