Real Estate Investor Magazine South Africa April 2016 | Page 58

CYPRUS INVESTMENT

The Cyprus Experience
What makes Cyprus right for you?
BY JENNY ELLINAS

P

rudent offshore property investors understand
that the best way to make a decision about
buying a property abroad is by taking the time
to view it for themselves.
Cyprus represents an excellent investment
opportunity and property prices are showing a steady
increase. The choice of where to buy is very personal
and the type of property depends on your lifestyle
requirements, budget and long term plans. With an
impressive portfolio of over 330 completed projects,
every style and location of property is available via
Cypriot Realty and Leptos Estates: from seafront
and hillside villas to beachfront apartments and
townhouse complexes.
Cyprus offers a range of attractive investment
opportunities through its citizenship by investment
programme, which are ideal for those looking for a
good rand hedge and solid returns. Unlike Greece,
the Cypriot economy is growing steadily and will
be further boosted by the exploration of substantial
gas reserves that have recently been discovered in the
region.

There are several benefits for investors who opt for
a citizenship programme within an EU country, such
as the right to live and work anywhere within the
26 member countries of the EU. Other advantages
include the freedom to travel to over 160 countries
worldwide without the need of a visa, the right to
attend schools and universities within any EU country
for free or at heavily subsidised EU national rates and
the benefit of access to world-renowned and leading
healthcare systems in the EU.
But it’s also the lifestyle that has attracted many
to the island. The combination of this part of the
Mediterranean’s natural beauty and its rich natural
and archaeological heritage have made it a sought
after tourist destination. Another draw card is the fact
that English is widely spoken on the island making
it easy for foreigners to communicate with the locals.
English appears on road signs and public notices
almost everywhere – and vehicles drive on the left,
making it all feel extremely comforting and familiar
to some visitors.

RESOURCES
Cypriot Realty

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APRIL 2016 SA Real Estate Investor

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