The Cyprus Property Market is still blossoming
Since the country's accession to full E.U. membership, demand from foreign property buyers has increased dramatically and experts predict this demand to continue for at least 5 to 10 years.
The Cyprus Property Market
As a result, the Cyprus property market has seen a growing influx of overseas real estate buyers, especially from the UK, Germany and Russia looking to capitalise on the prime investment opportunities currently available.
That said, legislation in the Republic of Cyprus is specifically geared to prevent the construction of the sort of concrete monstrosities seen in certain parts of Spain. This has led to government research showing that the Cyprus property market is currently undersupplied by around 40%; a situation which is not easily remedied, since the country's building regulations are amongst the strictest in Europe.
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Regardless which part of Cyprus interests you, find a home here
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Heights of the buildings are strictly controlled as well as the percentage build allowed per plot, thereby ensuring that your neighbour will never be able to apply for an extension that may deprive you of your view etc.
So, from a buyer's point of view, there has never been a more ideal time to purchase real estate on this fantastic Mediterranean island than now.
Aside from outstanding investment opportunities, the Republic of Cyprus has much to recommend it to potential buyers.
The superb weather, friendly and welcoming locals, stunning scenery and long, sandy beaches all combine to make the Cyprus property market one of the finest propositions for overseas buyers.
Aphrodite Property Sales have a vast portfolio of properties in all regions of South Cyprus, bringing you the very finest holiday homes and property investment opportunities.
For further details on any aspect of buying a property in Cyprus, please contact our friendly, helpful staff who will be pleased to assist you with all your enquiries.
If you are searching for a home on Aphrodite's island, please take a look at our web site which features an online database of homes across the Republic of Cyprus.
Whilst this resource is far from exhaustive, it does provide a fair idea of just what is available and remember; if our site does not contain exactly what you are looking for, simply contact us for a pressure-free chat about your needs.
Low mortgage rates, a high investment potential and the increasingly favourable rates of exchange of Sterling and the Euro against the Cyprus pound, have further served to convince prospective buyers that Aphrodite's Isle presents an ideal location, not only for holiday homes, but high-yield investments too.
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