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Cypriot unification 'to benefit everybody'

Date : (News Section: Cyprus)

Cypriot unification 'to benefit everybody'

There will be widespread benefits for all - including property investors - if talks to unify Cyprus succeed, it has been stated.

Property editor for overseas investor magazine Buy Association Paul Collins said such an outcome would "only be good for Cyprus".

He added that as well as Cyprus itself being able to gain greater integration into the European Union (EU), the resolution of the situation would also help Turkey to gain EU membership.

Mr Collins concluded: "So there are sort of knock - on effects, it will definitely benefit everybody."

Such a resolution could open up new opportunities for investors to buy property bargains in Cyprus.

The division of Cyprus into the southern Greek Cypriot part and northern Turkish Cypriot part dates from 1974, when Turkish forces invaded the north.

Since then, Turkey has been the only country in the world to recognise the claims of northern Cyprus to be a separate nation state.


Article by +Steve Binge on behalf of

Read More

  1. 10 September 2014 - Cyprus Acts to Unlock Further 350m Troika Bailout
  2. 15 August 2014 - Property Investor Confidence Returning
  3. 18 March 2014 - Cypriot property market 'stabilising at last'
  4. 12 March 2014 - Cypriot Developers Call for Changes to Taxation on Properties
  5. 05 February 2014 - Concerns Raised in Cyprus Over Tax and Property Ruling

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