Cyprus has many advantages as well as the hot climate, with the Law a mirror of the UK and driving on the same side as the UK, many people have decided to retire here. Little wonder when you look at the Tax advantages.

Pensioners have been enjoying a tax rate of just 5% on income tax, with no inheritance tax for residents you can see why people are moving here in high numbers.

The East coast has seen a sharp increase in development as opposed to the all ready established Pathos region on the West coast. In and around Paralimni you can spot many cranes creating villas and apartments and developers boards offering property projects for wanting buyers.

Not typically known as a golfing destination, this is changing with many golf courses in planning, this should increase the all year round rental market. Typically in the past Cyprus has closed for winter, now with more people moving here, leisure is high on the developers agenda,  it is set to expand at a high rate.

The rental market is good here, as families look to rent villas with a private pool. Typically, you may expect to pay £1,000 per week for a 3 bed villa.  

Cyprus has experienced huge internal investment with an expansion of Larnaca airport, and many marinas getting grants to aid growth for provision of larger docking for the luxury yachts and motor cruisers.