May 11, 2007
Cyprus major tourist hotspot
According to a leading real estate company, the east of Cyprus could now be developed into one of the leading hot spot for property investors and a property destination in the whole world.
According to the managing director of Buy Abroad, John Reilly, he firmly believes that fly to let in that region is indeed a major area of growth, especially with the latest expansion of the airport in this region – which would mean an increase in the opportunities for tourists, locals and foreigners to take short and low-cost breaks.
When Mr. Reilly first spoke to Firstrung Now, he stressed the positive prospects of areas around Larnaca.
“I would still buy Cyprus property around the east area, especially around Larnaca, and if you want equity growth,” Reilly said to Firstrung Now. “This is a lot cheaper, less expensive and this is a lot easier to get to than it was before, than to say, a year ago,” explained Reilly.
There have also been a massive interest of the tourism property investment on the country, especially eyed by the Cypriot Tourist Board, and they have already established a new agreement with leading airlines so that they can provide regular flights to the region.
Many visitors are then attracted to the affordable airline fares and very nice weather and climate as well as by the wide range of attractions offered by the city including the Larnaca Castle and the unspoilt and pristine white beaches.
Posted on: Cyprus
Related articles
Recent Posts
- Living and Working in Florida
- Living and Working in Florida: The Floridian Lifestyle
- Golf Property on Course for World Domination
- Exploring Provence and the French Riviera
- Do French regions matter? Climate Change
News archive
- November 2007 (25)
- October 2007 (64)
- September 2007 (38)
- August 2007 (46)
- July 2007 (4)
- June 2007 (3)
- May 2007 (3)
- April 2007 (1)
- March 2007 (16)
- February 2007 (12)
- January 2007 (2)
- December 2006 (4)
- November 2006 (9)
- October 2006 (7)
- September 2006 (18)
- August 2006 (5)
- July 2006 (4)
- May 2006 (2)
- March 2006 (2)
- February 2006 (2)
- November 2005 (1)
- October 2005 (7)
- September 2005 (7)
- August 2005 (2)
- July 2005 (4)
- June 2005 (2)
- May 2005 (2)
- April 2005 (1)
- March 2005 (1)
- February 2005 (3)
- January 2005 (4)

