The Island of Cyprus ranks as property rental investment hot spot in 2007

Released on = January 10, 2007, 8:06 am

Press Release Author = Principal International

Industry = Real Estate

Press Release Summary = A leading holiday owner specialist company has recently
carried out a survey of its customers and revealed that they are achieving an
astonishing 6.3% annual return on their investment, when their property is being
rented out for on average 18 weeks per year. This financial return makes Cyprus a
leading rental investment hotspot for 2007.

Press Release Body = A leading holiday owner specialist company has recently carried
out a survey of its customers and revealed that they are achieving an astonishing
6.3% annual return on their investment, when their property is being rented out for
on average 18 weeks per year. This financial return makes Cyprus a leading rental
investment hotspot for 2007.

The Brits are amongst the favourite overseas investors in this European haven, and
true, it makes us feel comfortable investing our money where English is the second
language so there are no language barriers when working through the legal aspects of
the purchase. That coupled with the 340 days a year sunny, enticing golden beaches,
unsurprisingly makes Cyprus an investment property dream.

It's soon to be much anticipated membership to the Euro in 2008 gives this Island a
head start for the overseas property investor, as well as the expected falling
interest rates, it will provide you with a safe place to invest your money. Many of
us are turning to this form of investment rather than what was once a guaranteed
reward on a pension fund.

Cyprus has a reputation for loyalty and its visitors are often second or third time
repeat customers making this not only a place in the sun but a guaranteed rental
opportunity.

Property prices have risen some 30-40% in the last 3 years and that makes the
average property price in Cyprus a wise investment for any age at any standing.
There is a huge amount of ongoing tourist development and investment in the area
including golf clubs, marinas and shopping which all feature amongst the
cosmopolitan facilities to be found.

With the relatively low cost of living you cant fail to win.

If you are looking for your Cypriot investment property then see our selection at
www.principalinternational.co.uk or contact us on 0800 038 0000.

Principal International has been created by investors for investors with links to
mainly UK based developers. Principal International offers overseas investment
properties in Australia, Barbados, Bulgaria, Cyprus, Dominican Republic, Dubai,
Portugal, Spain, Thailand and Turkey.


Web Site = http://www.principalinternational.co.uk

Contact Details = Shaun Woodward
6 Chertsey Road
Woking , GU21 5AB
$$country

+448000380000
press@principalinternational.co.uk
http://www.principalinternational.co.uk

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