Wednesday, March 22, 2006

Cyprus property moves upmarket

Cyprus has entered the upmarket property leagues, with an appearance in the Financial Times House & Home supplement.

The “FT”, which is standard reading for high net worth individuals across Europe , has a regular holiday home supplement for those with plenty of cash to spare.

But although Cyprus has the best weather in Europe and is just a hop away for readers who spend half their life on planes, Cyprus has been conspicuous by its absence.

That is now beginning to change. The Sunday Times also had a big spread a few weeks ago and last weekend, the FT’s “Southern Europe Special” had a full page on someone who splits his time between “a farmhouse in rural France and a two-bedroom cottage in a quiet corner of coastal Cyprus ”.