According to experts, Cyprus currently offers some of the most promising property growth in Europe. Says property portal France24, the island has continued the property boom in the wake of its adoption of the euro in January 2008 – and accession to the EU has worked wonders in enhancing Cyprus’s reputation as a place with a strong investors’ market with great potential.
Many people are attracted to the island by its similarities with the UK – English is widely spoken, driving is on the left-hand side, and even the plug sockets are the same as those in the UK. These familiarities factor very strongly in the decisions of individuals to relocate to Cyprus and are a big enticement for Britons looking to invest.
Experts believe that rental rates are on the rise and interest in holiday lets will remain strong in the upcoming years.
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