Cyprus Property

Cyprus Real Estate

Property in Cyprus makes a great investment! Amongst the many benefits of buying a property in Cyprus are year round sunshine, a low cost of living and a very low crime rate. If this doesn't tempt you then the following may!

All Cyprus property on Cyprus island is FREEHOLD so if you're buying an apartment, you own a share of the land. Another benefit is that crude oil reserves and gas have been discovered off the South Coast of Southern Cyprus which of course is beneficial to the economy of Cyprus and also long term investments.

Other benefits of buying Cyprus property include no inheritance tax and Cyprus is in the European Union. The legal system is based on the British system and a very important point to remember is to find yourself a very good lawyer who will help you over the buying process.

Cyprus Real Estate

For Sale!

Land in Paphos on the beautiful island of Cyprus

Beautiful beach-side location in Paphos

The extent of the land is 31,773 sq. metres which is more than the extent required for a 5 star hotel.

The property is on the beach - flat and suitable for tourist development i.e. the construction of a Hotel, luxury houses, luxury retirement center, bungalows, etc.

The property is in the Tourist Zone with and capable to use 25% of the whole for the erection of a hotel or 15% for the erection of houses, and almost ready for development.