Buying property in Cyprus is a good move especially if you're looking to purchase real estate in Europe. With a stable property market and low prices maybe now is time to consider viewing that waterfront Cyprus villa you've had your eye on.
If your plan is to sell your Cyprus house once property values rise, it's worth looking at some of the bargain properties in remote villages. Once accessibility to these areas improves, your property may well increase in value.
While providing tranquillity and tradition, these village homes are not always easy to rent. So, if you want your property to start earning a steady income, I recommend considering villas along the coast or within reach of the golf courses or nature reserves. You'll receive excellent and consistent rental income in these popular tourist hotspots.
Property buying can sometimes be complex in Cyprus so hiring a reputable local agent who knows the market and legal aspects of buying Cyprus property is worthwhile. Winkworth would be happy to provide any assistance you need.
The Cyprus property market has regained relatively stability after a downturn which was primarily caused by the global financial crisis. Cyprus property investment can provide good value and, in comparison to some other European countries, can provide foreign investors a safe return on investment