It’s one of Britain’s favourite holiday destinations and in recent years, the market for Cyprus property has boomed thanks to demand from UK property buyers. It’s easy to see why – it has a fabulous year-round climate, some wonderful beaches, great golf courses and family-oriented facilities and English is widely spoken. Buying property in Cyprus is also a dream that growing numbers of UK retirees are making a reality.
It takes around four hours to fly to this eastern Mediterranean island from the UK and flight options are numerous to one of its international airports. Among the favourite areas for overseas buyers of Cyprus properties are Paphos, Larnaca and Famagusta.
Paphos has a number of quality golf courses, and properties on or near them are some of the most sought-after by foreigners buying property in Cyprus. Beach and rural property abound in the resorts and inland areas on the western coast. Larnaca’s property prices are somewhat less than the national average at present, though proposed improvements to the area make it potentially one of the most promising areas to invest in Cyprus properties. Famagusta, in the southeast of the island, has some great beaches and lively resorts like Ayia Napa and Protaras.
For over thirty years, the country has been divided, and while there has been a recent push to promote tourism and buying property in North Cyprus, there is certainly a risk in investing in the Turkish-occupied region. However, buying property in the southern, Greek-Cypriot region is safe and easy. EU nationals can buy as much land as they like, but only one property in Cyprus at present.
A large British expat population already owns Cyprus properties and with few year-round destinations offering quite such a friendly welcome for UK buyers, their numbers look set to increase.
The Homes Overseas Guide to Buying Cyprus Property has advice on the legal and financial aspects of buying property in Cyprus, plus regional overviews and information on the process for buying Cyprus property.
The Homes Overseas Guide to Buying Cyprus Property has advice on the legal and financial aspects of buying Cyprus property, plus overviews and information on the process for buying property in Cyprus.
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Some information contained herein may have changed since it was first published. Homes Overseas strongly advises you to seek current legal and/or financial advise from a qualified professional.
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Price: €6,169,500
The plot is 48,168 square meters (36 donums). It is situated on the main road of Tersefanou - Kiti and it has electricity and water. It also has a side dirt road.
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This project consists of land with an off plan resort development. The area is 17,394m2 plus extra coverage will be purchased.
Price: €4,100,000 Bedrooms: 7
This magnificent super deluxe 7 bedroom villa is located in the prestigious area of Ayia Fyla, Limassol with easy access to the motorway and a short drive to the town centre.
Price: Unsold/Available 2,357,850 Bedrooms: 5
DescriptionAphrodite Hills - 5 Bedroom Luxury Villa for sale in Cyprus
Price: €2,500,000 Bedrooms: 5
This stunning property is in the traditional village of Letymbou, which is just 10 minutes drive north-east of Paphos. The villa boasts panoramic views of the mountains and countryside.
Price: €2,500,000 Bedrooms: 6
This stunning villa is one of the most desirable properties available today. Over 350 sqm and on a large plot of 5000 sqm and with stunning views of the mountains behind and the Mediterranean sea in front.
Price: €2,450,000 Bedrooms: 3
Latchi Beach Villas is a beachfront luxury project next to Latchi Marina in the Polis area of Cyprus.
Price: €2,050,325 Bedrooms: 4
This stunning villa, close to Coral Bay, is situated in large grounds with stunning views over the banana plantations and out across the Mediterranean. One of the most prestigious properties on the market at the present time.
Prices from: €133,400
Bedrooms: From Studios to 3 Beds
A high-quality resort in a village setting with superb facilities and sea views. Excellent investment opportunity.
Price: € 256,000
Bedrooms: 3
This property is in Peyia revealing absolutely stunning views of the sea and coastline.
Prices from: €480,000
This well presented villa has spectacular views from all levels of the property, a must see!
