Friday, July 08, 2005
Investment Property in Cyprus
For years Cyprus has been a favourite spot for Overseas Property investment. The Northern part of the island is under Turkish rule and the Southern part of Cyprus is most popular for holiday homes and retirement homes. On the coast Paphos, Limassol, Larnaka, and Ayia Napa are popular. The Troodos mountains and Nicosia, the capital, are also popular with those looking for property abroad.
Some advisors suggest that buying property in the Northern (Turkish) part could be a good investment but may also be a greater risk due to the political instability. Greece and Cyprus property.
