Kevin Moore spends half the year in Cyprus whilst writing regular articles about all things Cyprus and maintaining his many Cyprus web sites. For More about Cyprus visit the site here Cyprus Property
Most people at some time or another entertain the dream of owning a place in the sun. The TV shows us all those lucky people selling up and moving to sunnier climes or even buying a second home abroad. Cyprus is often one of the places on this wish list and Cyprus property such as villas or luxury apartments are showcased. When you see all that beautiful Cyprus property on the TV bathed in glorious Mediterranean sunshine you may think "yeah right" I bet the reality is nothing like that at all, Wrong! It really is like that and ordinary people like you are living the Cyprus dream of owning a beautiful Cyprus property. How can I be so sure? I am one of them! The Cyprus dream is a reality and it could be for you too if you really want it.
Cyprus property is arguably amongst some of the most beautiful in the Mediterranean area and it is still cheaper than a comparable home in the U.K. That is if there are that many luxury villas with swimming pools in the U.K. apart from the odd stately home or country pile. I guess the weather helps and there is plenty of weather in Cyprus including over 320 days of brilliant sunshine every single year. There is even a winter of sorts in Cyprus from about the middle of December until the beginning of February when it rains and the reservoirs are topped up ready for the long warm summer. Most of the living is done "outside" including lots of alfresco cooking and dining (AKA. barbecues). When you plan a barbecue in Cyprus the weather isn't going to turn up on the day and spoil it for you either. Long summer nights on the sun terrace or balcony sipping even longer cool drinks are the norm when you own a Cyprus property.
The problem with dreams is that for most folks thats what they are doomed to remain, just dreams. This is a real shame because when it comes to owning Cyprus property the reality could be closer than they think. Property in Cyprus could be well within the grasp of Mr and Mrs average home owner if they only knew it. Most U.K. home owners have some equity in their houses following the recent hike in property values particularly over the last 10 years. Many of these couples have decided to release that capital to finance a property in Cyprus and start to live their dreams of a home in the sun. Even those unable to raise the total cost of a Cyprus poperty in this way are using whatever funds they can raise as at least a deposit.
The Cyprus banks are real happy to lend funds to none residents wishing to buy property in Cyprus so finding the balance to finance your dream shouldn't be too much of a problem. Although the Cyprus government has restricted the amount the countries banks can lend to 60% the Cyprus property developers have already overcome this. Many developers are now offering deals on Cyprus property with only 20% down payment! This is great news for would be buyers who are raising this 20% at home and then financing the balance with the Cyprus property developers. It is likely that these mortgages are financed in Switzerland or from some other "off shore" source which means the interest rates could be real low.
With the value of Cyprus property continuing to rise these deals make perfect sense to anyone wishing to grab that dream holiday villa or luxury apartment. O.K. so it cost money to borrow all those thousands of pounds and you are going to be asking yourself how you will be able to repay the loan. Many people have bought into the Cyprus dream now to make the investment for the future such as early retirement or longer holidays when they finish working for a living. In the meantime they are taking advantage of the lucrative Cyprus holiday rental market which is paying for their villa or apartment when they are not using it themselves. So you really could have your cake and eat it too when you live the dream of owning your own beautiful Cyprus property.
- Related Videos
- Related Articles
- Ask / Related Q&A
- Looking For A Cyprus Investment Property?
- The Advantages of Buying Cyprus Resale Property
- Finding the Ideal Cyprus Investment Property
- Why Buying Property in North Cyprus Makes Sound Financial Sense
- Cyprus Paphos Property Buying in the Top Location
- Buying Investment Property in North Cyprus
- Cyprus Golf Property
- The Advantages of Buying Property in Limassol Cyprus




Sukhothai - The Dawn Of Happiness Part 2
By: Manora | 17/11/2009Ramkamhaeng's cordial relations with China secured hi snorthern borders and kept the fragmented but nonetheless power-full Khmer kingdoms perpetually off-balance; Sukhothai's role as a regional counter-force to the Khmers had full Chinese approval and the Thais' friendly relations with China undoubtedly inhibited ambitious Khmer commanders from unleashing invasion forces into...
Taipa: A festival of mouth watering teasers
By: Pushpitha Wijesinghe | 17/11/2009The isle of Taipa is a true taste of paradise for every weary wonderer. Vibrant and energetic, this island will surely make one’s cup of life an experience of overflowing memories.
Chelsea Flower Show – A fashion show of nature
By: Pushpitha Wijesinghe | 17/11/2009Each year in May a variety of horticultural trends are showcased in one of the biggest of such shows, the Chelsea Flower Show.
Fuel price hikes
By: onlinenews | 17/11/2009Jet Airways and Kingfisher Airlines have announced that they are raising their fuel surcharges up to Rs 200 on all domestic flights.
Macau; a shopper’s dream come true
By: Pushpitha Wijesinghe | 17/11/2009Macau is a dream come true for every serious shopper. Whatever the quest might be, this city brings in the ultimate at an unbelievable price.
Want to hire a sports car in USA?
By: grandvicky | 17/11/2009Have you ever dreamt of driving a fancier sports car while making everyone around you envy not only about the envious exotic car but also about yourself, who is driving the car? Well, probably all of us have had the same dream but many of us can not, as these sports cars are really very expensive and out of reach of the middle class people. But now, no matter whether you can afford a sports car or not, you can have the taste of driving it on the glassy roads of USA. How? The answer is invariabl
Some Good Tips for Booking Air Tickets
By: cheapfareguru | 17/11/2009Being flexible is all time golden rule to avail cheap tickets. Well have you ever been asked by an airline to catch a later flight and offered a voucher for free tickets as a compensation.
Europe’s Largest Ferris Wheel The London Eye
By: Pushpitha Wijesinghe | 17/11/2009London Eye or the Millennium Wheel is Europe’s largest Ferris wheel its height is 135 meters (443 feet). Over three million people a year visit the London Eye.
Yachts are They Just the Reserve of the Rich and Famous
By: Kev Moore | 10/10/2008 | CruisingThere are plenty of folks out there who dream of owning their own luxury yacht and for most of them that's all it will ever be, just a yachting dream that will most probably never come true. There are however other alternatives to outright ownership of a luxury yacht that many people are blissfully unaware of which is a great shame because the dream may be a real possibility afterall. dollars.
Paphos Property the Ideal Holiday Retreat
By: Kev Moore | 06/08/2008 | DestinationsThere really has never been a better time to buy Paphos property whether you are looking for a luxury beach front apartment or even an exclusive villa with it's own swimming pool. Situated on the west coast of Cyprus a short drive from the boarder with Northern half of the Island Paphos is ideally placed for easy access to the rest of the countries many places of interest and all the commercial centers too including the capital Nicosia.
Lace Bra and Matching Lingerie Sets the Perfect Gift
By: Kev Moore | 10/01/2008 | FashionA lace bra and matching lingerie set could make the ideal present for the lingerie lover in your life. If they are someone who appreciates the silky caress of smooth satin or even luxurious pure silk against their skin
Shelf Bra and Other Retro Lingerie Styles are Back in Fashion
By: Kev Moore | 09/01/2008 | ClothingA shelf bra can give a girl that extra push and lift she needs especially with those silky satin low cut gowns or even a wedding dress. The great news is that the shelf bra along with many other retro style lingerie items is making a great fashion comeback
Where Am I in Cyprus? Finding your Way Around the Island
By: Kev Moore | 24/10/2007 | TravelThe great thing about Cyprus is that its an Island so getting lost (unless you really try) should be quite hard. However it may be useful to get to know a little about the place before you actually arrive there. That way you could get a great deal more out of your holiday and maybe learn a little too.
Great Holiday Villas in Paphos Cyprus
By: Kev Moore | 24/10/2007 | TravelCyprus is the perfect Mediterranean Island paradise and boast some beautiful coastal resorts especially along the Western coast. Most of the Island has seen some major development over the last few years and this in turn has led to the creation of a very lucrative rental market. Holiday villas in Paphos are only one example of the huge increase in this type of letting to tourist
Buying Villas in Cyprus the Easy Way
By: Kev Moore | 23/10/2007 | TravelAlmost everyone would love a place in the sun and the market for holiday property continues to grow unabated. However there are still plenty of horror stories banded around by the media where the dream has turned into a nightmare. So if you are one of the lucky few that are in a position to buy perhaps villas in Cyprus are just what you are looking for.
The Turkish Occupation of North Cyprus
By: Kev Moore | 23/10/2007 | TravelThe beautiful Island of Cyprus is a popular destination for holiday makers from all over Europe especially the British. However not everyone is aware that part of the country is under occupation by an invading army. In 1974 the Turkish army invaded the North of Cyprus and have been there ever since.