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Buy Abroad News

23 Feb 06

Traditional Cyprus

Pine Bay Forest is ideally located, away from the hustle and bustle, yet with the nearby attractions and amenities of Pissouri village

--- Cyprus property has proved to be especially popular with the British, who are by far the most active buying property in Cyprus. The British market consists of approximately 60% of total foreign investment and is only followed by ex eastern block countries with other EU countries falling way behind.

It seems that the British have been quite shrewd in their investments as Cyprus is very competitive on prices particularly in relation to Spain and Portugal with prices being lower by 20% and 30% respectively. In addition to this Cyprus has learnt from its closest rivals in the Mediterranean and has been rigorous in making sure that construction work will not spoil the existing beauty of the island. It was this tough stance many years ago that has helped pave the way for the future, as Cyprus now seems to be tipping the scales in its favour as being one of the most popular destinations to invest in property overseas.

John Reilly UK Sales Manager for Buy Abroad says, "Cyprus is now an island that is offering premier properties to the level that would be expected by western European standards at comparatively low prices. Better still this tried and tested market seems set to jump to another level particularly as Cyprus continues its robust move into attracting more sports to the islands, such as golf, athletics and many water sports. These new initiatives along with entry into the EU monetary system in 2007/2008 means that Cyprus will once again perform and the expectancy on the island is high."

One such premier development currently available through Buy Abroad is Pine Bay Forest in Pissouri. Ideally located, away from the hustle and bustle, yet with the nearby attractions and amenities of Pissouri village. It boasts a beautiful coastline and is ideally positioned now that the new motorway is complete, giving easy access to the rest of the island. There are a range of traditional two, three and four bedroom villas set amidst a sprawling pine forest providing shade and privacy. Accommodation is open plan on the ground floor providing spacious living areas. There is a galleried landing leading to the bedrooms of which the master bedrooms come with en suite. All finishes are to a high standard and specification, in addition there are large verandas and private swimming pools are available on some plots.

Prices at Pine Bay Forest start from £150,452.

About Buy Abroad

Buy Abroad is a leading overseas property specialist which operates in Turkey, Cyprus, Spain, Malta, Portugal, France, Italy and Bulgaria. For more information visit www.buyabroad.com or call 01234 401557.


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