Cyprus is now a full member of the Europe Union(EU) and is the only country within Europe offering a geographical link between Europe & Middle East with excellent bilateral relations within the region. Looking at property in Cyprus as an income-generating asset, you should know that current income returns are between 5% and 8%.  This percentage may be higher depending on location, quality of construction and the type of property.

Why Invest In Cyprus Property?

- The property market throughout Cyprus is one of the fastest growing in the European
   Union & prices in some areas are increasing by an annual average of 20%
- Property prices are still lower than in many other European countries, particularly in the
  north.
- A comparatively low tax rate, including a Double Tax Treaty with southern Cyprus and in
  the UK are attractions for investors.
- Foreign residents permanently residing in Cyprus pay only a 5% flat rate of income tax.
- A British-based banking system in southern Cyprus, makes choosing mortgages and
  managing your money similar to "back home".