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Cyprus popular with Russian property buyersProperty investment abroad: 5 March 2008Overseas property investors from Russia are increasingly snapping up holiday homes in Cyprus, according to a new study. Research by the Royal Institute of Chartered Surveyors (Rics) revealed that the house price growth on the Mediterranean island is outpacing much of Europe. The organisation credited overseas property investors with helping to drive values up by 15 per cent last year. This is much more than in many other European nations, including Spain and France. Commenting on the island's appeal, Rics observed: "Russian and other purchasers are said to be becoming more prevalent." However, the organisation said the rate of house price inflation in future could be dampened slightly if a surge of new properties come on the market. Earlier this year, both Cyprus and Malta were admitted into the single European currencies. This takes the overall number of countries that use the euro up to 15. See our Cypriot featured properties
See other Cypriot propertiesNew detached designer villa set in a commanding location above Paphos Cyprus , Paphos region , Paphos & Suburbs , Tala New detached boutique villa with heated pool set in a commanding positions with far reaching views over paphos .A traditional Cypriot village, Tala has been described as the Beverly Hills of Cyprus. You will become part of a great local community ... [full details of property 411442] 3 Bed Villa 'MICKEY1' with private pool, Greek hospitality,FREE airport transfer Cyprus , Famagusta region , Protaras If you are looking for an idealic location, love the sun, sea and sand, and want to get away from it all, then look no further. On the exclusive Protaras Mediterranean coast, Villa Mickey1 is a luxury villa which can accommodate up to six people c... [full details of property 89468] Luxury 3 Bed Villa with pool in Paphos Cyprus Cyprus , Paphos region , Paphos & Suburbs , Kato Paphos Brand New For Spring 2004. 'Casa Mia' which means My Home is literally that we have lovingly furnished the Villa to a very high standard not normally found in a Holiday Rental. Located within walking distance of the picturesque old harbour and the... [full details of property 13683] Spacious Luxury 3 Bedroomed Villa near Coral Bay Cyprus , Paphos region , Coral Bay Area , Pegia (Peyia) Villa Brodie is a spacious, modern villa that has its own pool, the villa has magnificent coastal and mountain views. It is located right opposite Coral Bay, on the hillside, just 5 minutes drive from all the amenities at Coral Bay. Villa Brodie h... [full details of property 52731] Detached 3 bedroomed air conditioned villa sleeps 8, walking distance to beach Cyprus , Famagusta region , Protaras Located at the very edge of the Pernera holiday resort, Villa Illios (Illios is Greek for sunshine) is perfectly located for a relaxing beach holiday of a busy activity holiday. Pernera and its busy bars, restaurants and sandy beaches is just a fe... [full details of property 52585] 3 Bed villa in superb central location, all ensuite, Hot Tub,luxury Cyprus , Paphos region , Coral Bay Area , Coral Bay Village The villa has a large private walk-in swimming pool (9m x 4.5m) with ample sunbathing areas. The gardens are beautifully landscaped The grounds are well lit and can be enjoyed in the evening while relaxing on the balcony or veranda, better still ... [full details of property 71045] SOMMER-VILLA, Luxury Villa + Private Pool, mins from Beach, Protaras Cyprus , Famagusta region , Protaras The St. Tropez of Cyprus: Sommer Villa is located on the exclusive Mediterranean coast of Protaras and is just a few minutes walk from the beach and all amenities. This stunning villa is the ultimate holiday getaway. It can accommodate up to 6 pe... [full details of property 418884] New 2 Bed Villa in Kapparis, near Protaras & Ayia Napa Cyprus , Famagusta region , Protaras The Beach House will be your home from home. The kitchen has everything you will need, including a microwave, washing machine and dishwasher - no washing up on your holiday! It has been well-furnished and fitted-out and fully air conditioned. It i... [full details of property 415633] Luxury apartment in Exclusive Shoreline Residential Community (C102) Cyprus , Paphos region , Paphos & Suburbs , Chlorakas RATED THE MOST DESIRABLE LOCATION IN THE PAPHOS AREA. This first floor apartment is located in a small gated development right on the shoreline. It has magnificent views across the limpid, blue Mediterranean. Be lulled to sleep by the lapping of t... [full details of property 19853] Luxury one bedroom apt panoramic sea views close to beach and village amenities Cyprus , Paphos region , Coral Bay Area , Pegia (Peyia) Stylish and furnished to a very high standard Apartment Christilla is an ideal getaway for a romantic or relaxing break for couples. The apartment is on a small discrete complex on a hill side in Peyia and enjoys wonderful panoramic sea views and ... [full details of property 434882] See all self-catering apartments & holiday villas in Cyprus »
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