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Property Abroad 4 Sale from Telford Travel 15 Church Street, Wellington, Telford, Shropshire, TF1 1DD.Telephone: 01952 247181 ABTA No 83361 |
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Property for sale, Spain, Turkey, Portugal, USA, Bulgaria, Cyprus, USA, Caribbean, homes 4 sale |
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Property Abroad 4 Sale from Telford Travel 15 Church Street, Wellington, Telford, Shropshire, TF1 1DD.Telephone: 01952 247181 ABTA No 83361 |
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CYPRUS
Property prices in Cyprus have seen significant growth over the last few years and it is wideley accepted that this trend is expected to continue into the future. ENtry into the EU in 2004 has already resulted in a significant economic uplift, as well as a higher demand for property from both the new and existing EU member countries looking to invest in the Cyprus property market. The are also a number of other important points to consider when investing in Cyprus. Firstly, in order for Cyprus to adpot the Euro in 2007 it will have to decrease the interest rates to the European Central Bank base rate. This can only serve to strenghten the rising property market. Cyprus is now classified as a taxx effiencient location with numerous tax advantages.