A holiday home in the sun is part of most people’s dream lifestyle and you may decide to keep yours to yourself.
People buy real estate in Cyprus for various reasons, such as permanent living, retirement, a holiday home, buy-to-let investment or a combination of a holiday home and rental for a 2nd income.
Cyprus is officially known as the Republic of Cyprus and is 3rd largest, and 3rd most populous island in the Mediterranean with a population estimated at 1.21 million in 2020. Nicosia (the capital), Limassol and Larnaca account for over a third of the population.
The country obtained independence from the UK in 1960, has been a member of the Commonwealth since 1961 and joined the European Union in 2004, adopting the Euro in 2008.
Even though Greek and Turkish are the official languages in Cyprus, English is widely spoken.
Cyprus was listed as the 5th safest country in the world in 2020 by French travel insurance company Insurly and received over 8.2 million visitors in 2019. Visitors to Cyprus has increased year-on-year since 2007, except 3 (2009, 2012 and 2013).
With an average 325 days of sunshine a year, it’s not surprising Cyprus is a popular destination for holidays and permanent residence. The easy and laid back Cyprus lifestyle involves many outdoor activities, from water sports, golf, great leisurely coastal walking and alfresco dining.
As well as lifestyle properties, we have properties and developments for sale in Cyprus that are eligible for the Citizenship by Investment and Residency by Investment programs or as a property investment. If you would like to discuss your requirements, we can find you your dream property or development.
For more information on Lifestyle Properties please click on the enquiry form button and one of our specialist advisors will be in contact.