Cyprus Golf And Property – The Perfect Combination
If you love golf and long for a home in the sun, the beautiful island of Cyprus could be the answer to your dreams. With over 320 days of warm Mediterranean sunshine every year, Cyprus is a golfer’s paradise and astute investors are quickly realizing it. The downside of course (there always has to be one) is that prices continue to rise and look set to continue to do so for the foreseeable future. Therefore, anyone wishing to climb the golf property ladder in Cyprus should seriously consider taking a step before prices become unaffordable for the average holiday property buyer, as they have elsewhere in the world. Europe, like Spain.
Cyprus already has several superb golf courses that are located around the Paphos area, which has essentially become the golf capital of the island. It is perhaps no coincidence that some of the best hotels are also close to the golf area, which also increases property values within the area. As with any expensive property belt, there is a ripple effect that radiates to other nearby locations, such as the resorts and smaller towns in the area, so almost any house or apartment within walking distance of the countryside of golf will be affected. The good news for prospective buyers is that there is still a plentiful supply of new developments close to Paphos and golf to meet the growing demand.
As stated, prices for any property near golf facilities will be high, but if you know where to look, there are still plenty of deals on golf properties in Cyprus. A short trip inland will often bring up some beautiful new developments offering apartments and villas well below property values closer to the coast or tourist areas. One of the problems that first time vacation property buyers face is their lack of familiarity with the local area and where the properties are located in relation to infrastructure such as airports or motorway links. However, there is a great way to overcome this problem.
Many of the larger real estate companies in Cyprus offer subsidized inspection trips of around four days, including accommodation flights and all transport. The prospective buyer of a golf property in Cyprus will be picked up from the airport, taken to the hotel and driven around Cyprus to view the property while getting an idea of the layout of the land. These Cyprus property specialists will also spend time with you in the evening over dinner or drinks to discuss your requirements and answer any questions you may have on anything to do with home ownership on the island. They will also have access to all the other professional services you may need, such as English-speaking lawyers, property developers, and leasing agents.
There is no doubt that Cyprus will continue to offer an attractive option for anyone looking for a house in the sun, either for themselves or as an investment for the future. Combined with all that Cyprus has to offer in terms of climate and lifestyle, golf will be the icing on the cake for many. Lucky buyers who have been able to combine golf with the purchase of a vacation home have already seen excellent returns on investment in the burgeoning vacation rental market. By renting out their properties while they are not in use by themselves or their families, they have compounded their return not only into higher value but also generating additional income. maybe it’s time for you too to live your dreams and find a beautiful golf property in Cyprus.