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Overseas Property News
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Cypriot tourism levels up 4%
Country: Cyprus; Southern Cyprus
16 June 2008 Strengthening tourism levels have buoyed demand for Cypriot property to both buy and rent, according to fresh figures. The latest official figures from the Cyprus Ministry for Tourism show that overall numbers of visitors to Cyprus increased from 219,263 in January to March 2007 to 228,962 in the same period in 2008, up 4.4% year-on-year. There were 110,736 arrivals from the UK in January to March 2008, up from 108,542 during the same time in 2007, an increase of 2%. Martin Pearce, UK Sales Director for Aristo Developers comments “It is refreshing that in a climate where there is much talk of a global credit crunch and diminishing tourist figures that statistics actually show that the number of visitors to Cyprus are growing year on year. It is clear that more and more people are discovering the wonders of Cyprus’ ancient sites, cultural variety and stunning scenery.” Pearce also told Homesoverseas.co.uk that he expects the Cypriot property market to continue to perform strongly over the next year or so. He added: "Cyprus seems to be one of the more stable real estate markets in Europe and scores highly with its stable political and economic climate. I believe a strong infrastructure including expansion of both international airports, a new and efficient road network, approval for a new modern marina in Limassol and further championship designer golf courses provides the basis for stable investment with good capital growth in years to follow."
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Some properties in Southern Cyprus
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Price: £40,833(GBP)
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Type: Studio
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2 studio units available, Close Peyia village, Covered area 40 m2, Balcony 10 m2, Pool, Covered parking, Lift, Fitted kitchen. Built year 2008, Coastal & mountains view.
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Price: £49,116 (GBP)
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Type: Apartment
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Bedrooms: 1
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* Popular location in the Universal area* 1 Double Bedroom * 1st floor * Covered Area 50sq.m * Fully equipped kitchen * Fully furnished * Built 1995 * Title deeds * No Communal Charge * Viewing recommended * only €59,750220
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Price: € 70,000
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Type: Apartment
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Bedrooms: 2
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A fully furnished 2 bedroom apartment located in Kato Paphos. The property has a wonderful sea views and is within walking distance to the beach and all amenities. The property has the benefit of having title deeds.
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Price: £70,833 (GBP)
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Type: Apartment
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Bedrooms: 2
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Excellent 2 bed apartment in Tomb of the Kings area of Paphos, close to all amenities, title deeds included, 84m2 covered area,3rd floor, lift, balcony, communal pool, parking, solar water heating, shutters , furnished! 220
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Price: £74,166 (GBP)
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Type: Apartment
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Bedrooms: 2
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2 bed townhouse in Tomb of the Kings area, Large lounge/ Dining area<
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Price: CY75,000
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Type: Apartment
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Bedrooms: 2
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Description: Key features: · In one of the south’s most sought after areas · Just a 10-minute drive to Ayia Napa, Protaras and Paralimni · Spectacular sea views · All amenities close by
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Price: CY75,000
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Type: Apartment
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Bedrooms: 2
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Description: Key features: · In one of the south’s most sought after areas · Just a 10-minute drive to Ayia Napa, Protaras and Paralimni · Spectacular sea views · All amenities close by
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View details | Enquire further
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Price: € 80,000
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Type: Apartment
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Bedrooms: 2
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2 bed apartment in Kato Paphos near Fashion Cafe. Unfurnished with Title Deeds. Built in 1990. Walking distance to Municipality Beach, to the harbour and to local amenities, bus stops near by.
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Price: CY80,000
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Type: Apartment
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Bedrooms: 2
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Description: Key features: · In one of the south’s most sought after areas · Just a 10-minute drive to Ayia Napa, Protaras and Paralimni · Spectacular sea views · All amenities close by
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View details | Enquire further
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Price: CY80,000
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Type: Apartment
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Bedrooms: 2
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Description: Key features: · In one of the south’s most sought after areas · Just a 10-minute drive to Ayia Napa, Protaras and Paralimni · Spectacular sea views · All amenities close by
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View details | Enquire further
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