Why invest in Cyprus property?
Investing in Cyprus property has proven results and need not cost you the earth. The property market is rapidly growing in Cyprus and any investment made now is sure to make rapid growth over the next few years.
Buying 'off-plan' top
Buying any property as an investment involves a number of key decisions. Many people like the idea of buying 'off-plan' property as they do not have to commit 100% finance until late in the build process and combining the use of deferred or 'grace period' mortgages with minimum initial deposits or 'contributions' can provide good opportunities to achieve high returns on investment (ROI).
Rental Income top
Many investors like the idea of buying off-plan property that offer a guaranteed rental income to owners on completion. This enables the investor to take a longer term view on the investment and take advantage of price inflation where it exists. We have some property available with guaranteed rental for 5 years and it is possible to buy an apartment with as little as £22000 as an initial contribution. In one of our locations it could be possible to achieve a return on investment of over 300% after 5 years!
Changes to Cyprus banking policy top
Lenders in Cyprus are strictly governed by the Bank of Cyprus who dictate the terms under which loans can be taken. In recent months there have been some subtle changes to the policy and it is worth looking carefully at our summary in these pages in order to understand the basic requirements for loan funding a purchase through Cypriot banks. We also show the individual terms of 4 major lenders so that you can get to understand their current terms.
For more detailed information on Mortgages and Lenders’ requirements, please email us at invest@find-abroad.co.uk