Monday, March 19, 2007

Investors advised to target Cyprus

According to property portal Rightmove, Cyprus is one of the best places for the jet-to-let industry, and this looks set to continue. Rightmove consider several factors to be important in the increased popularity of the island. Advantages of investing in the Cypriot property market include the low cost of living and high standard of living as well as the booming property market, which is offering existing investors strong rental returns. Combining these favourable investment conditions with a Mediterranean climate, it is easy to see why Cyprus will prove to be a hotspot in 2007.

Source: Rightmove