International Property Group

Cyprus is the third largest island in the Mediterranean Sea and attracts millions of tourists every year. Its historic ties with the United Kingdom make it a strong favourite among British holiday makers.

A large variety of visitor profiles choose Cyprus as their holiday destination because Cyprus has so much to offer. With more than 300 days of sunshine and sandy beaches all over the Island, no doubt that you will enjoy laying on the soft beaches of the Mediterranean. Cyprus embraces a rich history, from Egyptians to Byzantine Empire. The Greek temples, Roman mosaics and 15th-century frescoes are surely magnificent. The Cypriot traditions and customs have been of interest to all holiday makers visiting Cyprus. With three world class championship courses alongside top quality hotels, Cyprus is becoming increasingly popular for golfing holidays. For scuba diving vacations; Zenobia is rated in top 10 among all wreck diving sites in the world.

More reasons for Why Cyprus?

Up to 340 sunny days per year,
Cost of living lower than UK
Inheritance tax abolished
Highly advantageous tax regime
Relocating simplified since joining the EU
Pensions taxed at lower rate
No traffic congestion
Growing British ex-pats community
Up to 340 sunny days per year
One of the longest tourist season in Europe
90% of people speak English
Friendly attitude of local people
Very low crime rate
Cars are driven on same side of road as UK
All road signs are in English
Legal and Banking system based on UK law
Advanced medical care
The 33rd richest country in the world
(out of some 100 countries)

Why now?

Tipped as investment hotspot for 2007
Property demand on increase
Falling interest rates
Attractive mortgage terms
Relatively low taxation rates
Cyprus joins the Euro in 2008
Booming economy
Introducing VAT on land purchase in 2008
Shortage of plots for construction
Expanding golfing industry
Construction of new airport
New Marina under construction