Home & Family Facts and Notes

Cyprus has become Europe’s top holiday destination in a very short time and is probably the only place in Europe where property prices are still on an upward trend. Cyprus is an island paradise and offers every type of luxury to it’s visitors, which is why people have gone mad with buying their second homes there. If you are looking for a secure investment with holiday benefits included, now is the time to do some good research and get your foot on the Cyprus property ladder.

Many people are looking abroad nowadays when it comes to buying a second property, so why Cyprus? I’ll tell you why, business here is carried out in our Language and you won’t be blind folded while signing under the dotted line. The villa rental trade is also at a high at the moment and villa owners are raking in the cash, so you can be guaranteed income even after having paid back the monthly mortgage payment. The weather in Cyprus will also guarantee you all year round sunshine making the holiday season so much longer, so maybe you are beginning to understand why Cyprus.

Older couples now spend nearly two months a year abroad in the winter, basically to get out of our very poor winter. To be honest with you, Cyprus’s winter is as hot as our Summer and I think every British person will agree on that who’s visited Cyprus

Buying a property in Cyprus couldn’t be easier or more secure as the banks are more than willing to give out mortgages. It’s normally the way when the market is booming, but you won’t feel pushed as all the different mortgage options are explained to you in your language. You will only have to rent out your villa for between 16 and 20 weeks a year just to cover the monthly mortgage repayments and the rest is just profit.

At present banks are lending an average 75% mortgage on the property value for non-residents, so don’t miss the boat and make a wise investment with 3 fold benefits;- property appreciation, rental income and a free holiday or holidays. You could go and spend the deposit money on a new car or make the best investment of your life. I know what I would do and it wouldn’t need an mot.

I am positive that if you ask anyone you know what their best investment has ever been that the answer would be a property. I have been over the many reasons why you should invest in Cyprus… the language, the sun, the booming market and would you believe it that they actually drive on the same side of the road as us Brits. Cyprus really is a paradise in every sense of the word and I really can’t say one negative thing about the Island or the investment. Remember the villa only needs to be rented out for about 20 weeks a year to cover the mortgage, leaving an incredible 32 weeks for you if you like.

You could even be smarter and buy two properties in Cyprus, this way you could help pay off your own mortgage on your own house. My advise to you is don’t sit around and let offers like this pass you by, take some action and I’ll guarantee it you’ll reap the benefits from it latter on down the line.

I can only point in the right direction for more independent advice on investing in property in Cyprus, by sending you to a website found at Cyprusinformer.com as they have covered every possible doubt that you may have. You won’t regret one little bit finding out more about what will be the best decision you would have taken in your life.

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