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I was over the moon when the Cypriot government announced it’s plans to introduce the Euro as it’s currency as I knew it would really help on the Cyprus property market into a new dimension. There were those who doubted it’s effectiveness in such an under developed nation but the current property market in Cyprus is just booming.

The introduction of the Euro has lead to an average annual rise in Cyprus property prices of nearly 10% and people have literally gone crazy with land investments which has seen sharp increases in market value. The current stable interest rate has not stopped Cypriot banks in giving mortgages and this has prevented a slow down in the Cyprus property market. The island of Cyprus has really opened itself up to potential property investors with improved airport installations with a lot more low budget flights helping Cyprus property investors to finalize their property investments with added ease.

It also helps that many Brits have a soft spot for Cyprus. And that’s hardly surprising considering that this Mediterranean isle has the complete summer holiday package. Friendly locals, sandy beaches, stunning scenery and over 300 sunny days per year all combine to make this something of a holiday gem. All of which explains why so many of us are looking to Cyprus for our place in the sun.

Although it was the British that first put their foot on the Cyprus property ladder and who have seen some really profitable property investments, but now it is the turn of other mainly Northern Europeans to get int the Cyprus property market. Cyprus has even began to attract some very wealthy tourists from the Middle East as there really is no where better at present to invest in Cyprus properties.

The urbanization of Cyprus has been carried out with strict rules concerning green spaces with an incredible amount of detail paid to the Environment. This is just why I love Cyprus with a passion and would fully recommend the change of venue, as you will see on my blog at Cyprus Informer, which you will find linked below.