If you are searching for a dream property or looking to invest then buying a property in Cyprus makes perfect sense. Cyprus attracts people from all over the world who want to start a new life. Some people move to Cyprus to retire, while others move to Cyprus for work or to start a new business.
There are many great reasons to move to Cyprus which include:
Cyprus Offers a Relaxed, Laid-back Lifestyle
Beautiful Cypriot Weather
Living in Cyprus is Inexpensive
It is Very Safe to Live in Cyprus
Tax Rates Are Low in Cyprus.
The cost of living is much lower in Cyprus compared to other countries. Consumer prices in Cyprus are 22 percent lower than in the UK and grocery and restaurant prices are 24 percent lower. Utility bills are a staggering 40 percent cheaper which is one of the main reasons why so many people from the UK move to Cyprus.
A spokesman for scala.cy, a leading real estate website that helps people to find a property in Cyprus explained how much cheaper it is to live there compared to the UK.
“Cyprus gives people a lot more for their money. That includes property prices, utility bills, and the general cost of living. On average, living in Cyprus is 20 percent lower than in the UK.”
It is not just about the lower cost of living and the great weather that makes Cyprus a great place to live, it is also about the people. Cyprus is a very welcoming country, where new people moving to the country can easily make new friends.
A lot of people who choose to move to Cyprus and are unsure if the country is right for them, rent first. There are lots of affordable properties to rent to suit all types of budgets.
As well as buying a property in Cyprus to live in, the country provides a great investment opportunity. The country which is located to the south of Turkey attracts 3.976 million tourists each year, with many of them looking for holiday rentals. With the average weekly holiday rental £500 per week which is around $670 or 550 Euros, it provides investment property owners a great financial return.
How To Find A Property In Cyprus?
Finding a property in Cyprus is easy thanks to www.scala.cy. The real estate website allows people to find a property in Cyprus for sale and to rent. The website provides all the information people need including pictures, a full description, and contact details.
When looking for a property in Cyprus it is important to ask yourself three important questions:
- What are the reasons you are buying a property in Cyprus? Are you buying it to live in or to rent out?
- What do you want to do when living in Cyprus? People have different ideas about what they want to do when moving to Cyprus. Some people want to simply relax, while other people want to indulge in sport and leisure. Depending on what you want will determine what type of property you buy and the location of that property.
- Which of these are most important to you? Budget, property type, or location?
Once you have answered the above questions, it will make it so much easier to find a property in Cyprus.
Once you have answered these questions, you’ll be clearer about the type of property you are looking for and the location of that property.