Cyprus is the next property investment hotspot

"Cyprus is now being viewed as the next hotspot after top investment destinations like London, New York and Paris. The economy of Cyprus is set to take-off due to the government’s stringent reformative measures" as explained by Yiorgos Georghiou, Cybarco's Sales Director.

In Q1 2015 the growth levels of Cyprus were gradual, followed by a surge in Q2 and an even faster growth in Q3.

Cyprus' focus on reforms, higher economic growth factors, stability in the banking system and on  pushing the country’s fiscal performance towards a positive trajectory, is paying off.

According to the Managing Director of Chestertons UAE Declan McNaughton: “Cyprus has carved a niche for itself over the years and the investors in this region are seriously considering properties in this country.”

Due to a growing interest by overseas investors in Cyprus' properties, Cybarco presented the luxurious residences of Limassol Marina to the GCC (Gulf Cooperation Council) through Chestertons, resulting in a an even greater interest from the UAE and GCC investors.

Read the full article here: OPP Today

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