Buy Abroad News

08 Aug 06

Sure To Be A Profitable Investment In Cyprus

Oasis Park will easily benefit from the rental market and will undoubtedly earn good capital appreciation

--- Buy Abroad is pleased to bring to the market Oasis Park in Cyprus which offers the chance to own a property in a traditional village but with the conveniences of a contemporary town in this 21st Century.

Paralimni boasts a traditional main square with many of the characteristics of the old village still remaining but with adjacent streets boasting new shops alongside the traditional coffee shops and old stores. In recent years, due to its rapid development, the whole tourist area of Paralimni Municipality has been renamed Protaras; this extends for about 10km beginning at Kapparis in the north and ending in the south in the Konnos area. The sea here has retained its glassy clarity and Protaras beaches are among the best on the island.

John Reilly UK Sales Manager of Buy Abroad says, "Cyprus property is still a firm favourite with British investors and has even become one of the favoured retirement spots in the Mediterranean for many Brits. Cyprus is one overseas property market that everyone can rely on. It has performed extremely well over the years and its similarities in infrastructure, legal and its English speaking islanders perhaps all have something to do with that. Those looking for a holiday home and or an investment can be assured that this tried and tested market which has recently subscribed to full EU membership will continue to grow as its now reaps the rewards of the EU with continued investment helping to create even better infrastructures and services. When infrastructures improve, so do property prices and we are currently seeing on average an increase of 15% per annum here."

Oasis Park offers a selection of studios, one and two bedroom apartments offering modern spacious accommodation. All of the apartments offer balconies or terraces with many looking over the large communal pool as the main focal point. There are large terraces ideal for sun worshipers and it is only a short stroll to the centre of the village and all the amenities it has to offer.

John continues, "This is a good opportunity to get on to the Cyprus property market and one which is sure to be a profitable investment. The location alone with so many amenities being nearby and easy transfer from the airport will ensure that Oasis Park will easily benefit from the rental market and will undoubtedly earn good capital appreciation especially at a time when Cyprus is reaping the rewards of continual investment from the EU."

Prices at Oasis Park start from just £80,795.

About Buy Abroad

Buy Abroad is a leading overseas property specialist which operates in Turkey, Cyprus, Spain, Malta, Portugal, France, Italy and Bulgaria. For more information visit www.buyabroad.com or call 01234 401557.