Exciting Time to be Investing in the Cyprus Real Estate Sector
Derek Watkins
Abstract Realist Portrait Artist – Revealing the Soul Beyond the Surface Through a Fusion of Abstraction, Emotion, and Light
Cyprus is going through exciting times of growth and development thanks to a renewed boost in confidence with foreign investors flocking back to the island. The Cyprus real estate sector in particular is very much on an upward trajectory and the beginning of a real estate price revolution. Amidst an economic recovery and a resurgence of international investment the real estate sector is clearly experiencing good sustainable performance.
So Why Invest in the Cyprus Real Estate Sector?
- Investing in strong economic conditions - Cyprus is now a European top performing economy and is growing stronger
- Investor grade market - Cyprus is rated at investor grade with both Standard & Poor’s and Fitch Ratings assigned BBB credit rating
- Ideal market conditions for investing - Cyprus real estate sector is on an upward trajectory and the beginning of a real estate price revolution with 12 consecutive quarters of growth, demonstrating strong steady growth for the foreseeable future
- Strong Local demand - Cyprus has one of the highest home ownership rates in Europe.
- Wide market - Cyprus is an EU Member state strategically located at the hub of the Middle East, Europe and Africa, therefore attracting a wide and varied audience and opportunity to the Island’s shores
- Onward demand - Appeal is strong amongst international investors, expats and retirees thanks to its Mediterranean climate, creating significant demand, a good rental market and a sell on opportunity when investors wish to dispose of their assets
- Attractive returns - With the right Investment partner, your property will have the most stunning design, will look amazing, and be set in the most beautiful and in demand location, providing strong potential for attractive returns
- Safe and secure - Cyprus has a comprehensive legal structure which traces its origins in the English Common law practices, ensuring that your investment is secure and safe
- Tax efficient - The country has the most efficient, transparent and attractive tax regime in Europe making it appealing to overseas Investors
- Lifestyle - Cyprus has a considerably low cost of living and at the same time is ranked 23rd in the world for quality of life
- Easy access - Cyprus has two world class international airports; one in Larnaca and the other in Paphos which see approximately 10 million visitors come to the island
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