Wednesday, January 16, 2008

Cyprus property 'in continuous demand'

Investors in Cyprus could benefit from continuous demand for rental accommodation, according to an expert.

 

Property writer Mark Dale stated that since the Mediterranean island was hot and sunny for 12 months of the year, it was consistently popular with tourists.

 

He commented:  “Since holidaymakers travel to the region during all four seasons, investors could potentially earn higher rental income than in other markets.

 

"An all-year-round rental season is a huge bonus, especially with more and more holidaymakers looking for winter sun. Cyprus is also easily accessible, as it is serviced by a number of budget airlines. This meant that the Island is likely to attract more people in the next few years”.

 

Source: The Move Channel