Cyprus Property

Many people have recently become very interested in Cyprus as a potential property investment opportunity and who can blame them. I would suggest though that now is the time to act as prices are expected to increase in about 10 weeks time, so get on the case and you will be amazed at the amount of real bargains that you can still pick up. it is already noticeable that prices in the new build sector are already on the up, although you can still find some wonderful investment opportunities are still available.

Cyprus is an island with so much diversity to offer and it is also made up of 2 separate mountainous regions. These areas are ideal for trekkers and the temperature is also more favorable in the summer months. The island also boasts a long stretch of coast line and this too can differ depending on which side of the island you are. Take a good look at a map when studying the areas that you would like to purchase in.

One thing you need to take into consideration when purchasing a property in Cyprus is whether you are actually going to reside there or whether you will just be using it as a holiday home. The complete range of top class property in Cyprus is even more exiting due to the extremely economic property prices that we are seeing at the moment, so who knows, maybe you could actually afford a luxury villa with a private swimming pool.

Well you are probably starting to think that this is just another pitch, but Cyprus really is special. It's virtually always sunny and will just love the untouched scenery, that overlooks some really golden beaches and we have even started to look at the outstanding properties yet. This is the island of the Aphrodite which will stir up all sorts of romantic feelings inside you. The mountain ranges overflow with natural beauty and they also allow for skiing in the winter months and if you would like a dip then you can chose from one of the 50 blue flagged beaches that make up the most fantastic of coastlines.

You will also be amazed at travel costs to Cyprus as there are more and more cheap flights available due to growing competition. You are able to land at 2 different airports in Paphos and Larnaca and it takes about 4 and a half hours from the major London airports. Just check out the location of your investment property to be viewed before deciding on choosing which airport to fly to.

Exploring and discovering Cyprus is great fun so make sure you have an up to date map handy and do some on line research too so you are already familiar with the location of your choice. The terrain inland is ideal for you quad lovers and you won't have any problems in hiring one. You will also be surprised to see just how many property agents there are, meaning you will have a great choice of bargains to view, but remember to put on some some cream as you don't want to get burnt on your property investment search.

I hope you have enjoyed this property investment breaking news and that you are able to buy soon. Prices will go up, guaranteed but at the same time growth is set to continue for a good few more years yet, so if you do miss out now there will be plenty of time to make your property investment in Cyprus. Good luck to those who act now and I hope you will be able to buy several villas with the option to rent which will give you an extra source of income too.

Discover these Cyprus Villa Tips written by the illustrious Tim Martins and check out his Cyprus Travel Blog

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Cyprus property for sale is competitively priced compared to other established hotspots in EU such as Spain and France. A holiday villa in Paphos, Cyprus is in a fabulous location as you can the best of both worlds, charming, sleepy villages but also the nightlife and convenience of a large town. The Cyprus country map will show that the coast stretches from Petra Tou Romiou, Aphrodites Rock where according to legend the Goddess was born out of the waves to the East of the region running to the West through Kato Paphos and the beach-side hotels and apartments, round to Coral Bay and on up to the Akamas region and the more remote beaches and the turtle nesting reserves.

A holiday villa in Paphos, Cyprus can be in one of the villages in the hills which are above the humidity line and therefore benefit from a fresh breeze, which is welcomed in the hot summer months, it is worth keeping in mind to those who are looking to relocate permanently or to take up winter residence in these areas that Cyprus property for sale will benefit from full central heating as it does get cold in the evenings when it gets dark. As you get closer to the coast you will notice on the Cyprus country map that the hills are less steep and there are lots of banana plantations and finally coming to the seafront and the hotels and apartment blocks.

Cyprus property for sale in the tourist areas is very sought after as more travellers are happy to arrange their own holidays, preferring the freedom of a self-catering holiday to a more regimented hotel stay. In fact I am willing to bet that not much self-catering actually takes place apart from a decent cup of tea, as the restaurant facilities are fantastic, from all day breakfasts and pie and chips through to a la carte dining at 6 star hotels - the choice is yours and no washing up!! A holiday villa in Paphos Cyprus will attract premium rates in the summer season, due to its location and the great weather guaranteeing hot sunshine from April to the end of October and mild winters.

Most Cyprus country maps will point out historic sites as the area is rich in history, the whole town of Paphos features on the UNESCO World Heritage list of cultural and national treasures and there are spectacular Roman mosaics. The fishing harbour and adjacent Fort are the main focus in Kato Paphos, with many restaurants, taverns, bars and water-sports businesses. For the more energetic, the Tomb of the Kings road is where larger bars and nightclubs are situated and Cyprus property for sale in the 'Universal' area is a good location for those who enjoy the nightlife and want holiday rentals.

So there are many choices of Cyprus property for sale for permanent relocation or laid back breaks in a holiday villa in Paphos Cyprus up in the hills, right through to an apartment in the centre of town so you can walk home after a great night out!

Kate Deas-Smith is involved in the Cyprus property for sale market. Kate says a holiday villa in Paphos Cyprus is fabulous.

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North Cyprus Property - The Gary Robb Saga
By Leslie Hardy

North Cyprus is not recognised as a separate, independent state by any country, other than Turkey. The Greek Republic of Cyprus joined the EU in 2004, but the Greek Cypriots voted against the UN plan to unite the island. In consequence, there is no extradition arrangement in place between North Cyprus and the UK.

This has led North Cyprus to become a safe haven for people who are fugitives from UK justice. The most celebrated case is that of Asil Nadir, who was the Chief Executive of the British conglomerate Polly Peck. The firm collapsed in 1990 and Mr Nadir was not available for trial as he had absconded to North Cyprus. Mr Nadir has rehabilitated himself in North Cyprus, and owns several reputable and successful companies.

Some of the other fugitives from the UK have a more colourful history in North Cyprus.

Mr Gary Robb is the former owner of the Blue Monkey, a Teeside nightclub / rave joint. He was arrested by the Cleveland police in 1996 after some 200 police in full riot gear carried out a drugs raid on the premises. He was charged with conspiracy to supply Ecstasy and amphetamines.

His brother, James Robb, was convicted and given a 10 year sentence after a raid on the Colosseum club in Stockton. Apparently the brothers either owned or controlled 5 clubs in the North East of England. He had apparently faced Grievous Bodily Harm (GBH) charges on several occasions during the course of his career.

Mr Gary Robb disappeared while on bail and subsequently surfaced in North Cyprus. He claims to be innocent of all charges and hopes to return to the UK, at some future date, in order to clear his name.

Cleveland police have recently confirmed that the warrant for Mr Robb remains on file and that he will be arrested should he return to the UK.

Mr Robb formed a Turkish Republic of North Cyprus (TRNC) company, Aga Developments Ltd, and commenced several construction projects in the TRNC.

The main development is at Arapkoy, to the east of Kyrenia and off the mountain road to Nicosia and Ercan airport. On this site, some 246 properties remain under construction. The site is called Amaranta Valley, and the sad tale is often referred to as the Aga Saga.

Work at Arapkoy was halted in September 2005 when Mr Robb disappeared from the TRNC. On this occasion, he resurfaced in Thailand. He stated that he had hoped to start another property company in Thailand and help with re-construction after the Tsunami disaster.

During his stay in Thailand he apparently remarried. His wife is an Ethiopian born lady, and they now have several children.

His honeymoon stay in Thailand was curtailed when he attempted to transfer some GBP1.5 million from a UK bank account. It is no surprise that the UK authorities had frozen the funds as he remains a fugitive from UK justice. Things got worse when the TRNC authorities froze his North Cyprus bank accounts, although it is unclear as to the value of funds held in these accounts.

The TRNC government also revoked Mr Robb's TRNC citizenship, based on the allegation that his claim to have performed military service in the UK was false. This means that he was eligible for army service in TRNC prior to being granted citizenship. His plant and equipment was apparently seized and impounded by TRNC customs officials due to paperwork and tax irregularities.

The Greek Republic of Cyprus issued an international arrest warrant based on the charge that he had built on Greek land in the TRNC.

Mr Robb then negotiated a deal with the TRNC government whereby he would be able to return to North Cyprus, and stay out of jail, provided he completed the Amaranta Valley project. As it was rumoured that the UK police were seeking to extradite him from Thailand, a return to TRNC seemed the better option.

Upon his return to North Cyprus, Amaranta Valley was not the only property problem facing him. In fairness to Mr Robb, it would seem that several of his colleagues and business associates lacked loyalty and sought to profit from his misfortune. The precise details of several business arrangements have not been published.

In each of his developments, Mr Robb has been accused of double selling. That is, selling the same property to several UK customers and taking deposits and stage payments off each.

In early January 2008, an agreement was reached between Mr Robb and some 200 UK customers of Amaranta Valley. Mr Robb agreed to undertake a survey of the site and to demolish those properties which had decayed beyond repair due to the weather and landslip. The remaining properties would be completed in some 12 months provided the customers paid the remaining monies due to Aga Developments Ltd under their original contracts of sale. It was stressed that the customers would only need to pay any outstanding funds which were due.

Mr Robb's health has deteriorated and he has apparently suffered a mild heart attack. He does appear to be recovering, to the intense relief of his customers. However, he remains, as ever, upbeat. He has reportedly stated that he now wishes to acquire a further 850 donums (283 acres) of adjoining land and build a total of 1,000 houses at Amaranta Valley.

Leslie Hardy is a noted writer on North Cyprus Property and the UK Chairman of Wellington Estates Ltd. Read more on this topic at Gary Robb.

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