More and more people are looking to buy or sell property in Cyprus, either as part of an investment strategy or to secure a holiday or retirement home. Many villas in Cyprus are being bought by people from all over the world. Property prices for sale in Paphos and many other places on the south coast of Cyprus are skyrocketing. There are a variety of properties that will appeal to almost anyone looking to buy a home on the island.

The advantages of property ownership in Cyprus are extensive. The island is small enough that most of it can be accessed within a two-hour drive from any starting point. It has two modern international airports and airfares to and from Cyprus can often be purchased at a discount. Property developers and real estate agents also often offer special discounts on airfares and accommodation rates as incentives for buyers.

Cyprus’ climate is mild and the tax regime is attractive to foreigners considering buying or selling property in Cyprus. Foreigners who move to Cyprus find that their income tax is much lower than what they were used to paying. In fact, many Brits retire here not only because of the pleasant climate with affordable property, but also because they will receive their pension without income tax. There is not even any inheritance tax.

Some people who buy or sell properties in Cyprus do not want to live there all year round. Many people look for a vacation home, use it for a few weeks a year, and rent it out to tourists the rest of the year. Reasonable prices allow you to buy properties in Cyprus with a mortgage, allowing rental income to meet payments and even make a profit. Real estate agents can put a buyer in contact with agents who specialize in managing rental properties.

Despite its recent acceptance in the European Union and its price-raising popularity, some properties in Cyprus are still available for less than £100,000. Cyprus properties in need of renovation can be had for much less. Everything is available, from a modern apartment in a larger city to a villa on the coast. From anywhere on the island, the beautiful coastline, plains, forests and mountains are within easy reach.

The first and best place to go when you want to buy or sell property in Cyprus is the Internet. From the comfort of your favorite chair, you can search for properties for sale in Cyprus, as many estate agents, property developers, and even individual sellers have websites these days.