British property purchases continues to increase in Cyprus, Spain & Portugal

January 21, 2016

 British Property hunters are set for a good year in Southern Europe, with homes priced as low as €50,000 in these property hotspots of the Mediterranean .

 

Property priced so low usually requires a major renovation effort, but this year thousands of homes are available at rock bottom prices. In Spain a relatively small amount of money allows you to pick up a three bedroom townhouse, a six bedroom country cottage or a city apartment with a shared pool. 

For buyers with greater capital, Cyprus offers a really attractive proposition. Here it is possible to find a two bedroom apartment in Paphos with a shared pool for under €100,000. 

A fully furnished studio apartment in excellent condition was recently sold in Paphos for under € 35,000 euros, although bargains this cheap are hard to find and buyers need to move quick to find something like that.  Other Cyprus properties include 2 bedroom Townhouses in excellent complexes with swimming pools are available for around € 120,000 upwards. 

"Cyprus offers great value for money", said Simon Gale, Managing Director of Simila Cyprus Property Company , " many non-EU countries have been buying in Cyprus in recent years , due to the advantageous residency laws and Tax benefits in Cyprus , and now that £ Sterling is at a very preferential rate , we are seeing a sharpe increase again from the British market now. 

The Eastern Mediterranean nation is on the up and According to Ideal Homes International, now is the perfect time to buy property on the island. Company director, Chris White explains: “Cyprus has got some real bargains at the moment and the climate is perfect for those looking for a holiday retreat away from the rain and cold back home. 

Trip Advisor list Top Beaches in Europe - Cyprus #1 & #3 

According to Trip Advisor, a very popular tourist guide website and is the Worlds Largest Travel Website, Cyprus beaches have ranked No1 and No3 in the Top 10 Best Beaches of Europe. The first place went to Ayia Napa while the third place to Protaras.

 Ayia Napa

 This resort town, with its great beaches, has a bit of a Spring Break atmosphere (the parties start in the late afternoon and go all night). If dancing in a bikini is not your thing, though, no worries—you can explore a mediaeval monastery or enjoy cruises on the lovely blue water. Families will want to visit Water World, the biggest theme waterpark in Europe.

RyanAir launches new Larnaca - Brussels route - only €19.99 !

Ryanair launched a new route from Larnaca International Airport to Brussels, Zavantem, on Monday. The new route will run twice a week, every Monday and Friday.

A flight arrival ceremony was held on Monday morning at Larnaca airport for the launch of the route from Brussels and the airline’s passengers were well received by both Ryanair and Hermes Airports officials.

Ryanair Eastern Mediterranean Sales and Marketing Director Chiara Ravara and Hermes Airports CEO Wes Porter cut the ribbon inaugurating the new flight.

“Ryanair is pleased to return to Larnaca Airport, with a new route to Brussels, offering even more possibilities for Cypriot customers to discover the beauties of Belgium,” noted Ravara.

She added that “our Cypriot customers can still expect more upgrades in coming months in the form of new aircraft interiors, new uniforms and more routes in keeping with the program ‘Always Getting Better’, while continuing to offer a lot more than simply the lowest fares”.