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      The details for the Cyprus sunshine cup 2009 mountain biking race have been announced and the gruelling challenge this year includes a new course. Four rounds will take place between February 22nd and March 15th 2009 at Tochni, Voroklini and Afxentia, as well as a new race at Amathous. All the courses are [...]
    • Larnaca, leading the way in development
      In recent years the capital of Cyprus has become more and more crowded with development and so developers have been looking to Larnaca to further their investment opportunities. New golf resorts, a new marina large enough to take the most luxury of yachts and an already thriving tourist industry are only a few [...]
    • Commandaria - the wine of Cyprus
      Commandaria is the oldest wine in Cyprus and the oldest wine brand name in the World; it was first drunk by the ancients at festivals celebrating the life of Aphrodite and has been drunk throughout the ages by Kings and peasants alike. Richard the Lionheart described it as, “the wine of Kings and [...]
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      If we are all honest I bet the majority of us love the idea of a Mediterranean Island holiday – relaxing in the sun, on a beach or by a pool, sipping a drink, reading, sun bathing – doing whatever you feel like. Sounds good doesn’t it?! For many people the purse strings are [...]
    • Zivania - not for the fainthearted!
      The production of Zivania, one of Cyprus’s traditional alcoholic drinks, dates back to the end of the 14th century. Zivania is produced by distilling pressed grape residues in special stills or cauldrons using a simple, age-old tradition passed proudly from generation to generation in the island’s wine villages. The traditional technique helps to separate et […]

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RICS European Housing Report gives great review for investing in Cyprus property

Posted on October 7, 2008 by bmshomes

A recent report by the Royal Institute of Chartered Surveyors has indicated that UK buy to let investors will withdraw almost £18bn worth of equity from their UK properties over the coming years to invest in alternative property, overseas. The European Housing Report 2008 suggested that there are currently a handful of property “hotspots” in the EU of which Cyprus was singled out, highlighting it as “a rare case of a country shrugging of the gloom” and prices in Cyprus “seemed to accelerate during the year.”

The report comes greatly received by BMS Homes and our clients who are already enjoying the benefits of the capital growth seen in Cyprus over the last couple of years, especially after the 19.2% growth in 2007 reported by Reuters in the Guardian Newspaper earlier this year.

Anyone considering overseas property investment in Cyprus can download our free Cyprus Buyers Guide from our website www.bmshomes.co.uk

Filed under: Cyprus News | Tagged: ,

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One Response

  1. Minthis Hills, on December 18th, 2008 at 6:24 am Said:

    19.2% growth in just 2007 alone, that is huge.

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