Cyprus rated as 'best place in the world to invest'

According to A Place in the Sun Magazine , Cyprus has been rated as the best place anywhere in the world to invest in property. When considering twelve different factors used to assess the viability of a country, Cyprus came out on top. This was due to its high level of Foreign Direct Investment (FDI), as well as its strong Gross Domestic Product (GDP), as well as its political and economic stability. ther factors that make Cyprus and ideal investment included the number of new developments that are currently available, as well as the PGA golf course and two the state of the art marinas that are all in development. The fact that Cyprus is on target to adopt the Euro in 2008 is also enticing investors to the Island. A Place in the Sun Magazine also cited the number of internet hits' and media attention that Cyprus receives as other reasons why Cyprus remains a hotspot for investors.