Cyprus Continued Demand from UK Investors - Antonis Loizou & Associates

Cyprus who recently joined the EU in a smooth transmission period are still experiencing continued demand from UK investors who still rate Cyprus as one of the best overseas destinations in which to invest into property.

Cyprus has long been a favourite holiday destination for many from the UK. This has in turn led to many investing into property here either as holiday homes or permanent residences. Recent years have seen a marked increase in investment particularly in the years leading up to EU accession and now at a time when Cyprus is benefiting from EU funding and seeing many public services upgraded. This trend is set to continue as Cyprus one of the newest EU member countries starts to step up a gear as it attracts more businesses and more investors into property.

Peter Christofi Overseas Marketing Manager for Antonis Loizou & Associates the largest independent estate agents in Cyprus says, “Cyprus is currently at a key stage in its history. With EU accession now behind us this Mediterranean island is starting to feel the benefits that EU memberships brings. We are seeing dramatic changes at all levels. The Cyprus economy will be one of the biggest beneficiaries of accession. Recently both Larnaca and Pafos Airports have started upgrading facilities to cope with extra demands placed upon them; Infrastructures such as highways are and will continue to be upgraded. Perhaps more importantly is the fact that Cyprus in now bridging the gap between businesses in the East and West and is becoming a business leader in it own right. Although some people do not embrace change easily these factors and many more are reshaping Cyprus as we know it.

Cyprus will continue to offer its raw beauty for those looking to holiday here. Those looking to invest here will find that Cyprus has evolved quickly and that investors here are now assured of a mainstay European country that is still offering up to 10% capital appreciation each year. With an all year round climate and a new found wealth in the form of the EU, Cyprus is a country that is moving forward and we expect investors into property to continue at the unprecedented high levels they are at currently at for the foreseeable future.”

www.aloizou.com.cy

enquiries@aloizou.com.cy

UK FREEPHONE 0800 032 6203
INTERNATIONAL 00 357 25 871 552

Antonis Loizou & Associates market properties to cater for all budgets and desires starting from £45,000 up to the higher end of the market at over £1 million. As the largest estate agents in Cyprus with over 26 years experience you are assured of peace of mind with their English speaking agents and attention to detail at all times.

Press Centre > News & Exhibitions