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Cyprus avoids economic slump

Property investment abroad: 18 April 2008

Holiday home buyers could find Cyprus an ideal location in which to purchase a property, according to a media report.

The Mediterranean island was described by the Independent as a country which offers both big resorts and quiet villages, thereby giving it a broad appeal to lifestyle buyers.

However, Cyprus was also said to offer a number of financial advantages, especially as it has not been negatively affected by the economic slowdown in Europe.

In fact, house prices in the country went up by 20 per cent in 2007, which suggests that even amid the ongoing financial turmoil, the island could be a safe, secure and potentially lucrative investment.

Commenting on the Cypriot market, the Independent said: "It looks as though the island may buck the current trend for falling house prices."

Cyprus was recently highlighted as a popular destination for British holidaymakers by travel firm Thomas Cook.

According to the company, the island is currently as popular as ever, as it offers an affordable holiday and good weather prospects.

See our Cypriot featured properties



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New Luxury 3 bed villa in Ayia Thekla 100m from sea.
Cyprus , Famagusta region , Ayia Napa
The villa has an open plan kitchen with microwave, hob and oven, washing machine, fridge freezer, granite work tops, table and chairs to seat 8 people, leading into the living room which has a leather suite, TV and satellite, DVD player, and C.D p... [full details of property 81915]

Secret valley golf. Villa set in tropical landscaped gardens.
Cyprus , Paphos region , Paphos & Suburbs , Secret Valley
Bella Vista is set amongst its own tropical landscaped gardens with private HEATED pool. An outside eating area, BBQ, shower and sunbathing areas complete the garden. The 3 bedrooms have their own balcony’s with bistro style tables and chairs to a... [full details of property 67664]

lovely 4 bedroom villa with pool and water games
Cyprus , Paphos region , Polis & Latchi Area
The property with it's 1500sqm is completely fenced either by a stone wall or wrought iron railings. The garden is well laid out with sub tropical plants, a waterfall feature and large covered gazebo for at least 10 people. The Swimming pool measu... [full details of property 511078]

Large villa 380 qm,with overflow pool and breathtaking view to the bay
Cyprus , Paphos region , Polis & Latchi Area
This luxurious villa has a stunning view of the gold coast and the nearby mountains, it is located 800m from the sea and elevated 50m above sea level. On the ground floor you will find a spacious living room with an extra television-stereo-studio,... [full details of property 508198]

Platinum 3 Bed Villa From Oceanview Villas Cyprus.
Cyprus , Famagusta region , Protaras
All our villas in cyprus are privately owned and we employ a team of professionals to maintain and clean all the villas to the highest possible standards, prior to your arrival to ensure its perfect and looking like a Show Home. Our goal is simple... [full details of property 96767]

Idyllic new beachfront villa with private swimming pool
Cyprus , Paphos region , Polis & Latchi Area
With the beautiful Latchi Beach only a 30m walk away, its own private pool and large terrace from where you can enjoy the most stunning of sunsets, this beautifully maintained detached villa offers everything you need for a family holiday or for t... [full details of property 66186]

Beautiful, well equipped 4-bed villa with pool
Cyprus , Kyrenia Region
This beautiful four bedroom, three bathroom villa stands in a small village just outside the city of Kyrenia, Northern Cyprus and backs onto the Five Finger Mountains. With marble floors and wrought ironwork throughout, it is spacious and quiet. ... [full details of property 64503]

Luxury Villa with private pool close to beach and resort
Cyprus , Famagusta region , Protaras
This fully air conditioned luxury Villa is superbly located close to the resort centre and local beaches whilst enjoying a quiet cul-de-sac location. Spacious accommodation includes 3 large bedrooms with en-suite to master, family bathroom, open p... [full details of property 70121]

Superb 3 Bed Detached Villa with Swimming Pool.
Cyprus , Famagusta region , Protaras
Detached villa with private swimming pool The villa is set on the outskirts of Protaras and Pernera with beaches, Tavernas, restaurants and shops within walking distance and a 5minute drive into the centre of Protaras. The villa is situated on a s... [full details of property 92240]

2 brand new 2 bedroom luxury apartments in 5 Star development
Cyprus , Paphos region , Paphos & Suburbs , Kato Paphos
Superb, spacious 1x ground floor and 1x first floor identical apartments in the highly rated 5* Sirena Olympia development in Kato Paphos. You'll feel immediately chilled out with home from home comforts including air conditioning throughout, full... [full details of property 62151]

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