| Warm climates are set to be one of the main | | | | BuySellCyprus, told Assetz: "While Christmas is an |
| drivers for investment abroad in 2007, with the | | | | especially appealing time of year to live in Cyprus, |
| Cyprus property market set to be one of the | | | | the good weather year round, low crime rate, |
| beneficiaries of Brits' thirst for the sun, according | | | | high standard yet low cost of living and tax |
| to Assetz. | | | | benefits – especially for pensioners – all |
| The property information website refers to a | | | | make Cyprus the ideal country to purchase a |
| recent survey by BuySellCyprus which revealed | | | | second home." |
| that prices on the island are advancing at a | | | | According to HolidayLettings.co.uk, property in |
| steady rate of 6.3 per cent. | | | | Cyprus also offers good opportunities for returns |
| Further stability, as well as better deals for | | | | on investment, with its low costs of entry and |
| investors through a lower interest rate, are | | | | booming tourism market. |
| expected to emerge when Cyprus joins the | | | | The average price for a home in Cyprus is |
| eurozone next year. | | | | currently 91,213 Cypriot pounds (£105,378). |
| Litsa Chrysostomou, marketing manager of | | | | |