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October 27, 2007

Budget Airline Boost For Cyprus

Cyprus has always been a safe bet for British buyers, especially buy to let investors, wanting to buy a property here in this country. With a fairly steady influx of tourists and foreign visitors keeping the property market afloat over the years, it is quite safe to assume that buying property in Cyprus is a good investment.

And now, this country is set to be reward with down spiraling airline prices between budget airlines. There are several airlines which have a cheap flight to the country, and Monarch Airlines has also joined in the fray, offering flights one way between Luton and Larna for as low as 69.99. According to Tim Jeans, managing director of Monarch’s scheduled services, they are quite ecstatic about offering such a service. He said that with this new service, tourists and foreign visitors alike are expected to welcome this new service, since property in Cyprus is ever-increasing and growing for the past years.



Monarch said that the service they had to offer was actually different from the norms airplane flights have to offer, such as the British Airways. However, a recent article in the Daily Telegraph argued this claim, and said that although the airplane prices are quite expensive, it is still possible that tourists can get a cheap flight from other carriers, such as the Globespan and Thomas Cook. A travel agent from one of the property development in Cyprus told the reporter that Ryanair, one of the biggest budget airlines in the world, will also be opening its routes to the island soon.

The resort town in Paphos has, in store, different attractions that will interest tourists and foreign buyers. There are plans to redesign both the surrounding beaches and the old harbour. Plus, there is also a 1,00-berth marina scheduled for construction in the Coral Bay area.

Posted on: Cyprus

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