Cyprus Property Investment News

Budget airlines 'help foreign property markets'

Budget airlines 'help foreign property markets'

Budget airlines have been credited with helping to boost the appeal of certain countries as investment options.

Obelisk International stated that new routes launched by cheaper carriers tended to signify which markets were likely to become possible investment hotspots.

Furthermore, the investment potential of many areas was said to have been greatly enhanced by budget carriers, as previously inaccessible destinations were now easy to get to from the UK.

In particular, Cyprus and Bulgaria were cited as two markets that had strongly benefited from the growth in aviation.

Kevin Prior, investment director at Obelisk, commented: "Knowing exactly where the cheap flights are travelling to is certainly a key element to investment success."

He added that by opening up new areas, these regions would turn into "up and coming" places that were likely to generate strong returns for investors.

Recently, author and real estate expert Brittney Jackline suggested that investors would benefit from choosing a property in an accessible area, as well as one that was located near to important amenities.

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