The number one Holiday destination in Europe is now Cyprus, plus there's a slow growing trend of people returning to buy property over there. Cyprus is a paradise island and has everything you need. At the moment the property market is on a very steady climb, so your better of buying sooner rather than later. If you are going to buy a Cyprus property make sure you research the market first.
Many people are looking abroad nowadays when it comes to buying a second property, so why Cyprus? I'll tell you why, business here is carried out in our Language and you won't be blind folded while signing under the dotted line. The villa rental trade is also at a high at the moment and villa owners are raking in the cash, so you can be guaranteed income even after having paid back the monthly mortgage payment. The weather in Cyprus will also guarantee you all year round sunshine making the holiday season so much longer, so maybe you are beginning to understand why Cyprus.
It's quite incredible just how many old age pensioners and not so old pensioners are spending their winter months abroad in warmer climates. I like to think that the government heating allowance is being spent wisely and if you have travelled to Cyprus in the winter months before you would probably agree that our British summer is about the same as their winter.
You may think that paying for a property is going to be a problem but you couldn't be further away from the truth. You only need to have the villa rented out for between 16 and 20 weeks per year in order to cover your monthly mortgage repayments. You will find the banks very helpful and everything will be explained in English about the different mortgage options available.
Non residents will only get a 75% mortgage of the value you of their property. Just think about this for minute as you can buy a villa now and over time this will make you a load of money, just like your house has done that you live in, or you can blow it on a very nice car and lose thousands a year on it! It's a simple choose if you ask me.
I am positive that if you ask anyone you know what their best investment has ever been that the answer would be a property. I have been over the many reasons why you should invest in Cyprus... the language, the sun, the booming market and would you believe it that they actually drive on the same side of the road as us Brits. Cyprus really is a paradise in every sense of the word and I really can't say one negative thing about the Island or the investment. Remember the villa only needs to be rented out for about 20 weeks a year to cover the mortgage, leaving an incredible 32 weeks for you if you like.
You may even consider purchasing 2 properties in Cyprus and that way you could even pay off your mortgage at home. The possibility is there although you may prefer to be prudent, but I really recommend a change in your lifestyle both money wise and free time wise. Cyprus can help you achieve these goals so don't miss out on this chance of a lifetime opportunity and find out more now.
Many people are looking abroad nowadays when it comes to buying a second property, so why Cyprus? I'll tell you why, business here is carried out in our Language and you won't be blind folded while signing under the dotted line. The villa rental trade is also at a high at the moment and villa owners are raking in the cash, so you can be guaranteed income even after having paid back the monthly mortgage payment. The weather in Cyprus will also guarantee you all year round sunshine making the holiday season so much longer, so maybe you are beginning to understand why Cyprus.
It's quite incredible just how many old age pensioners and not so old pensioners are spending their winter months abroad in warmer climates. I like to think that the government heating allowance is being spent wisely and if you have travelled to Cyprus in the winter months before you would probably agree that our British summer is about the same as their winter.
You may think that paying for a property is going to be a problem but you couldn't be further away from the truth. You only need to have the villa rented out for between 16 and 20 weeks per year in order to cover your monthly mortgage repayments. You will find the banks very helpful and everything will be explained in English about the different mortgage options available.
Non residents will only get a 75% mortgage of the value you of their property. Just think about this for minute as you can buy a villa now and over time this will make you a load of money, just like your house has done that you live in, or you can blow it on a very nice car and lose thousands a year on it! It's a simple choose if you ask me.
I am positive that if you ask anyone you know what their best investment has ever been that the answer would be a property. I have been over the many reasons why you should invest in Cyprus... the language, the sun, the booming market and would you believe it that they actually drive on the same side of the road as us Brits. Cyprus really is a paradise in every sense of the word and I really can't say one negative thing about the Island or the investment. Remember the villa only needs to be rented out for about 20 weeks a year to cover the mortgage, leaving an incredible 32 weeks for you if you like.
You may even consider purchasing 2 properties in Cyprus and that way you could even pay off your mortgage at home. The possibility is there although you may prefer to be prudent, but I really recommend a change in your lifestyle both money wise and free time wise. Cyprus can help you achieve these goals so don't miss out on this chance of a lifetime opportunity and find out more now.
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