Buying Cyprus Apartments

By: Kev Moore

If you have always dreamt of owning a home in the sun but you though you could never afford one maybe you should think again. Cyprus apartments are the ideal choice for a holiday home or even somewhere to retire to in the sun. As the cost of villas in Cyprus continues to rise the luxury apartment is becoming a real affordable option. They come with virtually all the benefits of a house but will cost the buyer a fraction of the price. Compared with the cost of property in places like the U.K. Cyprus apartments could even be considered cheap. Perhaps this is why so many folks are selling up, leaving the cold and dark behind and buying themselves a beautiful luxury apartment in the sun.

Cyprus apartments are built to a very high standard and kitted out with every mod con including beautiful fitted kitchens. In fact many of the new builds coming onto the Cyprus property market feature granite work surfaces and a full complement of white goods too. Air conditioning is also often fitted as standard at least in all the bed rooms if not throughout the property. The bathrooms and kitchen area will most likely be fully tiled to complement the quality units. For those who buy their Cyprus apartments off plan there is often the option to choose the kitchen units and the tiles too so they get to put their own mark on the property from day one. Should buyers be prepared to shop around there are even some developers who are prepared to throw in a furniture package to clinch the deal too.

Living in Cyprus is all about lifestyle and that lifestyle is about as laid back as you can get. Much of the cooking and eating is done outdoors thanks to the mild Mediterranean climate so barbecues are the order of the day. Many newer Cyprus apartments will have an outside cooking area complete with barbecue either on the balcony or terrace. The design emphasis is often placed on usable outside space including large covered areas to facilitate this outdoor life style. If you are looking for a property either has a holiday home or a holiday rental investment a pool should be high on your wish list. The great news is that most developments of Cyprus apartments are built around a communal pool area with sun terraces and in some cases even a refreshment kiosk.

As property closer to the coast climbs in price many developers are looking further inland for building plots. This is not a problem if you are looking for a great deal on price but not so hot when you are relying on holiday rentals to pay for your property. Although there are savings to be made on Cyprus apartments that are built further inland they are outweighed by the potential loses in rental income. These properties do however make tremendously great sense for retired couples looking for a permanent home away from the hustle and bustle of the holiday resorts. Should you be considering purchasing such a property a car is likely to be a necessity that you should factor into the budget before you start. The buses in Cyprus are not that great and unless you are on route to a tourist area they are a rare animal indeed.

The best value for money option is probably a two bedroom apartment with a communual pool area. Although you are likely to pay a little more for them properties closer to the coast will make a better long term investment. Don't ever be tempted to rush into buying the first thing you see because there is always another one around the corner. Ignore the hard sell tactics that some Cyprus property agents may employ such as "it's the last one" or "the prices are about to go up". These guys sell for a living so if they don't sell they don't eat. Keep a level head and do your research before you commit to anything that way you are sure to get the best deal on Cyprus apartments.

Cyprus Guide
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