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Cyprus Market and Forecast Report

Buy a fantastic apartment in sunny Cyprus for £65,000 today, cover the cost of your mortgage with holiday rental and make a...

... long-term ROI of an incredible 75% a year!

With breath-taking beauty and cultural relics, almost non-existent crime,
year round great weather, excellent golf and English as the second language...
Cyprus is going to be THE big new undiscovered retirement and
investment hotspot of the next 10 years

This is indisputably the best 'sun investment' currently available in Europe

And now for the good news...!

With prices as much as 40% cheaper than Spain - and without the reputation for being spoilt by Brits or being overcrowded - you'd expect Cyprus to be a lot more popular as a retirement or investment destination than it currently seems to be.

Despite the lure of better weather, nicer locations and the prevalence of English as a spoken language, 60,000 of us bought property in Spain in 2004 compared to just 4,000 in Cyprus.

Which in our books makes this the PERFECT time to be an investor!

In fact, for reasons that I'll tell you about in a minute, we forecast a capital growth on property of 40% over the next two to three years alone - and an average annual growth of 15% to 20% over the next 10.

And that's a very safe and conservative, figures-alone forecast...

Enjoy both free holidays (and retirement pad?) for yourself - as well as returns of £9,000 a year on a £12,000 investment!

Unlike many of the other property investment hotspots at the moment, there is something immediately and almost irresistibly attractive about the idea of buying property in Cyprus. Deprived of sun and decent weather as we are, the promise of all year round warmth and fresh shiny white brightness alone is enough to inspire the initial impulsive desire to BE there NOW.

In the case of Cyprus, however, a purchase would actually be as financially canny as it is aesthetically enticing. In fact, a quick look at some of the key investment factor pros is more than ample to get even the most sceptical and experienced investors salivating:

  • The brilliant but never scorching climate make it the perfect all year round holiday - and therefore rental - market. Tourist numbers are rising and this rate looks set to continue.
  • As a member of the EU it has political, judicial, economic and currency stability. As an ex-British colony it also has a strong British influence in administration, law and culture making it both an incredibly safe and easy place to buy.
  • The fact that tourism accounts for the majority part of this country's economy means that an investment in this country is NOT reliant on this becoming a new boom economy attracting new industry and commerce. The increasing desirability of owning property here is already pretty much set in stone.
  • 1.38m Britons currently own a property outside the UK - set to rise to 3.12m by 2008. We believe Cyprus with its outstanding natural beauty, incredible beaches and rich cultural attractions will soon prove to be one of the most popular destinations
  • It has huge tax advantages over many other locations, especially for retirees and corporations. In fact, there are four reasons why this would be a fantastic place from which to base a business
  • Yet Cyprus can still be categorised as a basement level opportunity because its property investment market is still largely underdeveloped.

In fact, the authors of this report - hard-nosed and experienced property investors themselves - obviously keen to impress that they were giving a balanced view of this opportunity, were hard pushed to come up with many more negatives than the fact that flights to Cyprus take four hours and that you are currently only allowed to buy one property per investor on the island!

(This last fact is set to change and add to the already compelling factors that will make this market rocket over the coming five years...)

Two clear factors pointing to astonishing returns over the next two years

For some potential buyers (the future buyers of your investment property?) the fact that Cyprus was recently ranked ahead of Belgium, France and Germany in an Economist magazine 2005 worldwide Quality of Life Index will be enough to make them want to buy.

For some it will be the lure of one of the top ten dive sites in the world - or the beautiful golf course overlooking the birthplace of the goddess Aphrodite. For still others it will be the warm weather, crime rates just 6% of the rate in the UK and traffic that drives on the left-hand side.

For the readers of this current report, however, probably the most enticing detail is this: the single most important factor that has delayed Cyprus in becoming a property hotspot so far is about to be lifted.

Up until now, the lack of attractive finance on the island has been putting off most investors and strangling the island as an investment centre. Today, not only have loans from Cypriot banks only recently been available for foreign buyers since EU entry (the effects of this only just beginning to come through), there is also a revolution under way in the way mortgage finance is provided.

As you will discover in the Cyprus Market and Forecast Report, we expect this new revolution (added to the improving situation between the South and North island) to bring in a MASSIVE influx of property investors very shortly. In fact, we expect to see a 30% growth solely from this development in the mortgage market alone.

Any investor who can get their act together and buy within the next 6 months can look forward to seeing the value of their investment rise by a third if not 50% over the next two years.

And that is still just the start of the growth our experts are predicting... !

Why a load of old mountains could make your investment double in value AGAIN in another 5 years time!

Another key but generally overlooked factor we believe will have a huge impact on prices in the Cypriot market is the lack of land on Cyprus that can actually be built on.

Being a relatively small island with a large area covered by mountains, there will come a time in the not too distant future - about five years time we're reckoning - when all the usable land on Cyprus will already have been built on.

Add to this strict building restrictions banning high rise, high density properties and we forecast that when the baby boomers start selling off their homes and looking for the perfect place to retire , we could actually see a boom in prices far higher than the 15% to 20% annual growth our conservative economic algorithms are predicting for this region!

Make no mistake - Cyprus is definitely the new Mallorca.

In fact, not only does it offer great overseas property investment potential - as parts of Spain, now being overdeveloped and overpriced, did not so long ago - it also has the added allure of being relatively undiscovered and exotic.

The dangers and pitfalls you need to be aware of

As one Cyprus fan shared with us recently there are so many reasons to fall in love with this island - the people are friendly, the cultural history is so rich and you can eat a wonderful fresh fish meal with wine for less than £10 a head!

It is absolutely crucial, however, that as a cautious property investor, you do not allow the allure of either the perfect turquoise sea white beaches or rock bottom prices blind you into making a bad investment.

As with any property investment market, there are both good and bad investments to be had in Cyprus. It is our belief, however, that through reading the Cyprus Market and Forecast Report you will be fully informed on how to avoid all the potential dangers that will leave a lot of other investors out of pocket and at their wits' end.

In fact, the number one and very major danger to avoid you will discover, is that you MUST NOT, under any circumstances, persuasion or temptation, invest in a property in Northern Cyprus.

Do NOT buy in Northern Cyprus

I don't really have room here to go into the full detailed history you'll receive in the Cyprus Market and Forecast Report but to cut a long story as short as possible...

Northern Cyprus has been occupied by Turkey since they invaded in 1974 and forced 180,000 Greek Cypriots to flee their homes. While this situation will not effect your investment if you buy in peaceful southern Cyprus, it probably will affect you if you buy in the North.

When a settlement to the division of the island comes, as it will, anyone who has bought a property without correct lineage - for example one that should rightly belong to the Greeks - may well find themselves with an investment that is worthless.

We also believe that, despite the low prices that are attracting certain investors at the moment, the north is also over-valued by a significant degree for other key reasons.

The insider knowledge that will give you the edge over other investors

So where exactly should you invest to get the maximum possible return on your money - and the best future for you and your family? A two-bed apartment or a family villa? By the beach or closer to the mountains? Pathos? Limassol? Famagusta or Ayia Napa?

The 80 fact-packed pages of the Cyprus Market and Forecast Report will provide you with all the priceless and locally-sourced information you MUST HAVE in order to find the right answers to these questions.

Put together by an experienced team of property investors, this professional report will give you access to the complete package of insights and advice you will need for every step of the process of investigating and buying property in Cyprus :

  • How to buy 'in the know' off-plan and get serious discounts from developers.
  • How our research shows that the BEST investment area right now is around the Famagusta region, taking in Ayia Napa and Paralimni, as well as the so-called 'red soil' villages such as Vrysoulles, Frenaros and Sotira
  • Why any property that is more than a 15 minute walk to the beach could start to suffer when it comes to rental value and resale value
  • A crucial Top 10 Criteria for assessing ANY property you buy - including the question for developers, the issue of verandas and the importance of ensuring your fantastic view will never be ruined
  • A step by step guide to the entire buying process - with full details on lawyers, charges, timing issues, sale agreements and stamp duty
  • All you need to know about getting a mortgage - including a new source we've discovered that offers better rates, terms and an 80% LTV
  • The best buys if you want rental income and a holiday home - and the best buys if you want to buy purely as an investment.
  • Why a 10% Corporation tax and just a 5% tax on foreign pensions could be the icing of the cake on your investment!

As you sit on holiday in your sun-filled warm villa... remember this report

Which is why I'm very keen to get a copy of our full report, the Cyprus Market and Forecast Report, into your hands so that you can read the full details for yourself. Amidst the smell of citrus groves and the fragrant herbs growing on Mount Olympus, the impressive predictions and investment sums laid out for you in this report should also invoke in you the even more enticing smell of MONEY.

In 5 years time when you're sitting by the pool of your villa contemplating the trouble-free blue sea view and the £80,000 or so pure profit you've already made ... I want the satisfaction that you read about it here.


You can download our Cyprus Market & Forecast Report for just £34.50 or buy the printed version for only £57.00.

Alternatively, you can join Property Secrets for only £7.99 per month or £79.99 for an annual membership and download it - and all our other titles - for FREE!

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