Innovative property investments
Cyprus Property Investment News
Cyprus rental market set for boost
Cyprus's rental market could be given a boost by a new marketing drive.
The Cyprus Tourism Organisation (CTO) is targeting consumers in the UK in a bid to boost the number of holidaymakers on the Mediterranean island.
According to official data, Britons made up the largest proportion of foreign visitors last year, with more than 1.2 million choosing to go to the country.
This makes the UK a very important market for the CTO to tap into if they wish to make the Cypriot tourist trade sustainable.
Growth in the holiday industry could also have a number of positive consequences on the country's wider economy.
For example, the service sector is likely to benefit directly, while the increased need for tourist accommodation should boost the housing market and the construction trade.
Furthermore, demand for rental accommodation should go up significantly if the scheme is successful.
This comes after the Royal Institution of Chartered Surveyors highlighted Cyprus as one of Europe's fastest growing property markets.
Related items
Documents and Reports
 |
Cyprus property investment report (373Kb) |
|
Cyprus country guide (766Kb) |
|
Cyprus property buying guide (979Kb) |
Recent articles
Flights set to boost European tourism
Cyprus attracts foreign property buyers
Cyprus currency changeover 'went smoothly'
Early Easter boosts Cyprus tourist numbers
Other related pages
Bookmark with: |
What are these? |
10-20% pa for 12 years
Contracted income
with guaranteed
capital appreciation
Agricultural land
investment operated by
public listed company.
|
|||||||||||||||||||||||||||||||||