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    • Details announced for the Sunshine Cup 2009
      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 [...]
    • Self-catering holidays - beat the credit crunch!
      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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Cyprus house prices up 19.2% in 2007

Posted on August 21, 2008 by bmshomes

Cyprus property prices rose nearly 20 percent last year despite central banks efforts to curb the rate of increase.

The BuySell price tracker said on Tuesday that the year on year rate of house price increases eased to 19.2% in December 2007 from the 21% in November 2007. However, the year on year rate was nearly three times higher that the 6.6% increase during 2006.

The average price of a property was 108,344 Cyprus Pounds which has raced ahead of predictions due the the prospects of lower interest rates when Cyprus joined the Euro zone in January 2008 and specualtion about the imposition of VAT on sales of land plots, which is now in force.

Written by BMS Homes – Source: Reuters 15/01/08

Filed under: Cyprus News | Tagged: , , | Leave a Comment »

Buying abroad is easy, just get the right advice

Posted on August 21, 2008 by bmshomes

When Andy Foote set up BMS Homes 10 years ago he wanted to revolutionise the process of overseas property investment. He says, “When people buy abroad people always focus on the entry and not the exit. BMS Homes has always ensured its overseas property is a viable investment proposition for the buyer.”

Unfortunately for many, a dream home can turn into a real living nightmare and not the investment that they hoped for. Too many people experience a whole multitude of problems that can have serious financial implications. BMS Homes has unique philosophy to overseas property investment. it must be safe, secure and structured. We’re not interested in emerging market places or the next boom destination. It really is about the exit, if I want to sell my property in five years time, will it sell? If I want to rent it in 10 years, can I?

We have focused on cyprus for 10 years because it uphold our safe, secure and structured philosophy. It is an excellent holiday destination which continually produces healthy annual property price growth, great news for our owners.

Our concept is building wealth, turning £25k into £250k over a ten year period and enhancing your lifestyle at the same time. We have never had to advertise as we always work on referral and reputation.

Copyright 2008. BMS Homes – Overseas Investment Homes

Filed under: Investment Homes Overseas | Tagged: , | Leave a Comment »

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