November 20, 2008

Investment Homes - Cyprus

The property market in Cyprus is currently undergoing significant growth due to redevelopment from EU funding. The government’s plans to increase tourism from 3m visitors per year to 10m means great capital and rental returns for property investors and with tight building/development restrictions in place to stop the market becoming saturated, house prices will receive a generous boost especially in Larnaca where over half of the EU’s 6bn Euros worth of funding is being realized.

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Filed under Planning For Retirement by piusvic

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