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Introducing Cyprus

Cyprus is the third biggest island in the Mediterranean, and can boast the most days of sunshine annually in the whole of Europe. However, the island can offer far more than just sun and sand, as it has an exciting history charting over 10,000 years, which has left the island steeped in historical interest. The town of Paphos has been declared a UNESCO World Cultural Heritage site, and the island features ancient ruins, and nine breathtaking Byzantine churches. The unique location of Cyprus has led to the development of an impressive diversity, with European and Eastern traditions joining in ancient surroundings to produce a wonderfully rich culture.

As such an attractive tourist destination, property prices in Cyprus have been rising for years, and have seen significant growth in the last 24months. Recently, significant extra investment in infrastructure has been implemented, with improved roads, planned golf courses, and a new 1000-berth marina attracting tourists, second-home buyers, investors and retirees. This influx of foreigners has boosted property prices, and the last 18months have seen areas such as Paphos experiencing 25% growth in this period.

Cyprus provides a particularly attractive offering to UK property investors, because the legal system is based on the British system, and so there are none of the worries that more unfamiliar locations may create.

Solonos can source prime properties at preferential rates, and offer them to its members. Whether you want a place in the sun, or just an excellent capital return, we can provide it.

Steeped in myth, legend and tradition, Cyprus has a rich cultural heritage dating back over 9.000 years and today blends this history with the comforts of a contemporary European lifestyle. As the third largest island in the Mediterranean, it has long been a crossroads between three continents. The island's landscape ranges from sandy beaches to pine-covered mountains and this, combined with an ideal climate, friendly welcome and prospering economy, makes Cyprus a first choice for investing in a home away from home.

Reasons to Invest

  1. Capital growth in property has increased around 20% in the last 18 months, with growth in certain areas such as Paphos of over 25%
  2. High rental potential in the tourist areas with guaranteed rental income available
  3. Legal system is based on the British system, making property transactions hassle-free
  4. Huge investment in infrastructure will improve access and expand tourist sector
  5. Plans for large extensions to the existing airports at Larnaca and Paphos to accommodate the growth in tourism and business
  6. Most of the low cost airlines already fly directly from major airports across the UK to Cyprus
  7. New thousand-berth marina planned in Coral Bay, Paphos with lots of top facilities attracting investors to the island
  8. Beautiful climate that has consistently attracted tourists for many years
  9. Thousands of years of history including the legendry birth place of Aphrodite

    For more information please visit www.visitcyprus.com