In an attempt to sustain and increase tourism plus break previous revenue records, plans to design golf courses, build a luxury marina and develop an integrated casino resort are underway and the best will be government-funded.
Once functional, these projects are sure to draw a steady stream of tourists so, if you're looking for a place to purchase investment property, we recommend this beautiful island, proud of its reputation as a safe travel destination.
If you're exploring property options but plan to invest later in the year, why not consider a waterfront villa along the upmarket marina, scheduled to start construction this July.
If, however, you would rather purchase Cyprus property now, a home near the planned casino resort (construction to begin near the year end) or world class golf course is a good option. When these developments are operational, you can be sure of excellent rental yields.
For help identifying a home within easy reach of these large-scale projects or in another area of Cyprus let us know.
Cyprus’s government is backing plans to build more golf courses and marinas and develop a new casino resort in a bid to secure continued growth in tourism, which is set to break arrival and revenue records this year,