Cyprus Property Market

Azure Investment Property offers a selection of properties in the beautiful country of Cyprus, a popular destination for British holiday makers and emigrants alike with its consistet blue skies and pleasant climate. Homes available include a selction of luxury overseas villas as well as other properties.

Cyprus, which with its recent entry into the EU, the high level of investment in its infrastructure and growing awareness and popularity as an all year round holiday destination, Cyprus has become one of the fastest growing markets in Europe, for those wishing to buy a holiday home as well as those looking for a solid property investment, with prices increasing between 15-20% annually. Need more reasons to buy a property in Cyprus?

The adoption of the Euro in 2008, and the planned ongoing investment on the island, was recently highlighted in the Sunday Times as an upmarket destination, with growth expected for the foreseeable future.

The key current areas of investment in Cyprus are:

Plans for numerous marinas including: Larnaca and a new 1,000-berth luxury marina to be built near Coral Bay (Paphos) , making it an ideal time to buy a Paphos property or find villas for sale in Larnaca.
Already boasting 3 golf courses including the internationally acclaimed Aphrodite Hills complex, there are an additional 10 courses outlined across the island many of which will be to PGA championship course standards.
A rejuvenation project for the old Paphos harbour and major beach improvements, with the pedestrianisation from the harbour through to Geroskipou
An extension of the popular Phinikoudes Promenade with its palm trees, sea front restaurants and cafes.
The Cypriot Government is investing heavily in the modernisation to both Paphos and Larnaca International Airports, including the addition of new terminals which will allow the airports to cater for 2.7 million passengers per annum
A very first for Cyprus, and one of the largest in the world, are plans for a $1 billion mixed-use development, consisting of a 250 acre site which will be known as ‘Neapolis’ . It will include a new hospital, private university, research and development centre, international business centre and office park, plus cultural and leisure facilities including theatres and sports grounds
A new motorway linking Paphos International airport to Polis is due to commence soon, which will significantly reduce the travel time to this part of the region as well as attracting increased levels of visitors and residents.

This sustained level of investment should result in significant levels of growth in the economy, and the overall property investment market in Cyprus. These factors all add up to make villas for sale in Cyprus a very attractive investment opportunity.

View further information on the various regions we have developments:

Whether you are looking to buy to sell, buy to let or buy to live, why not download our FREE guides for more information on living and investing in Cyprus.

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