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The Year Ahead
CYPRUS
property prices are poised to increase by 50 per cent when the island joins the
eurozone in 2007, by then mortgage rates will have to drop from 7.5 per cent to
3.5 per cent, according to British property experts. You know the saying
"there never has been a better time to buy" well I believe that this
is the case for 2006.
High
standards and low costs of living along with virtually non-existent crime rates
and numerous tax advantages makes Cyprus an attractive option for UK investor
and retiring individuals.
British
nationals living in Cyprus account for 1.5 per cent of the total population,
with British retirees able to draw their pension gross without paying UK tax.
If pension income is over £10,000 you only pay a flat rate of 5 per cent. You can’t
get that in Spain!!
- | Properties in aiya nappa |
- | Properties in coral bay |
- | Properties in Famagusta |
- | Properties in Kalepia |
- | Properties in Larnaca |
- | Properties in Limassol |
- | Properties in Pahos |
- | Properties in Paphos |
- | Properties in paralimni |
- | Properties in paralimni/protaras |
- | Properties in Pissouri |
- | Properties in polis |
- | Properties in protaras |
- | Properties in Secret Valley |
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