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Do you want to buy a property or invest in Cyprus? Current construction projects underway!

During economic downturns, the avid real estate investor rubs his hands together with glee! This is because there are properties at prices that are much cheaper than in normal circumstances. If you are planning a property investment then the question must be why Cyprus? What makes this island the first choice of the informed real estate investor. How can you predict real estate trends in the future? Finally, why should a person who wants to emigrate or buy a vacation property choose this as their destination? There are some really good answers to these questions! Property prices here have increased more than anywhere else in the world over the last ten years by almost 280%, which is a staggering figure! Demand for home rentals here has been exceptional over the same period.

Cyprus, without a doubt, has now become one of the most popular holiday destinations in Europe due to its spectacular world-class beaches, spectacular scenery and last but not least, its nightlife. The nightly entertainment is second only to Ibiza. This mass exodus of tourism has resulted in an exceptional demand for property on the island. Coupled with the fact that Cyprus has been voted the best place in the world to retire by expats living abroad in a Sunday Times poll! Coupled with some of the best pension and property tax systems in the world, it has made it such a popular destination! The crime rate here is among the lowest in the world and the healthcare is exceptional! Overall, coupled with the cost of living, it’s easy to see why the island has become so popular with home buyers and investors alike.

The popularity of Cyprus has been creating a demand for around 20,000 properties a month to be built to meet the needs of property buyers here and with all the projects happening within the island, the demand for property here is sure to increase substantially well. into the next decade! Added to this, the scarcity of prime building land, for example: building three golf courses means that any property of this type purchased in these prime locations will determine a great return on your investment or a massive increase in its price value. shopping. The main reason to buy or invest here, above many other destinations, is the steady but impressive increase in the value of properties bought here, together with all the projects that are already being built, which means that the value and demand of properties will be amazing in the next few years. It is also a fact that mass tourism has the biggest impact on home buying in any region and therefore, with its popularity already secured as a leading tourist destination and retirement location in the world, the addition of some of the Projects listed below will surely create the ideal circumstances for investment and property purchase for many years to come!

There are many reasons why it looks like this trend will continue well into the next decade. First of all, a Disney World is being built in the new heart of the region, the planning application has already been approved. For someone of this stature to invest heavily is testament to the island’s potential. Secondly, a massive world class tennis academy is already being built, to provide training facilities and presumably even tournaments eventually. this project is costing many hundreds of millions. Until now, the airports have only mainly catered to tourists from Europe, but with the largest airport expanding to accommodate many more international flights, this will have an effect on demand for property. These are the signs any real estate investor dreams of, and most will understand the implications of these massive projects in increasing demand for property in a region, and more importantly, demand for property in the most coveted locations in the world! the island! These will see the biggest return without a doubt. The golf property will encompass a world class hotel attracting a further influx of wealthy individuals and ensuring that purchasing one or more of these properties will be a brilliant investment, the prices are truly special! The other biggest investment opportunity is a massive 5-star lifestyle and fitness complex encompassing a luxury development and unmatched facilities for the price of a cheap apartment anywhere. This will prove to be one of the best real estate deals on the planet once the project has been widely publicized! This development has been done in conjunction with a world famous sports personality and one of the best developers in Cyprus! No foresight is needed to see the potential of a purchase in these types of properties! And finally, some luxury villas are being built on the coast of Ayia thekla (right next to Ayia Napa). These villas enjoy being right on the beach and are also built by one of the three best and most trusted developers on the island. This is the most desired residential strip in Cyprus, coupled with the value for money and quality of these properties, the demand will make them another very smart investment!

There are some truly spectacular beachfront villas being built right now in Cyprus right on the shelter line of the sea and these prices reflect the current slight slowdown in the property market here. Added to this is the most exclusive development of luxury villas in the islands history, in a unique modern style but on the most coveted plot of land in all of Cyprus. A hotel is being built here alongside the ultra-high-spec luxury homes, which is set to cater for the world’s elite wage earners and attract a wealthy clientele from around the globe. Some of the real estate investment portals on the web that are aware of this project consider it one of the top three investment tips in the entire world today!

Another little known fact is that Cyprus has been developing some of the best golf courses in Europe for some time. The most famous are the Secret Valley courses. Plans are underway for one of the best golf destinations in the world. This entire development is being built on the most prized land in all of Cyprus suitable for a golf course. They have spectacular features and views. The properties have magnificent views over the Mediterranean Sea, as well as the truly unique and spectacular golf courses. As an avid golfer, I can say with certainty that these golf courses rival anything in the world. Having seen the details, it appears to be a gem that is sure to attract high demand for these properties. Each is in a truly majestic setting. The courses have been designed by a world renowned golfer with the latest one awaiting final planning approval! The properties here are truly top quality and offer amazing value for money! There are some truly exceptional opportunities right now to buy a prime investment property or get a beautiful luxury property in a prime location in Cyprus at prices you wouldn’t believe!

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