Cyprus 'offering many investment opportunities'

There are many ways investors can fund the purchase of an apartment in Cyprus, it has been suggested.

Most buyers looking to raise equity on their existing property will be able to accrue between 20 and 30 per cent of the figure required for a deposit on such a property, Corsavoo.com has stated.

Off-plan is another way recommended by the portal on the grounds that such developments can be growing in value even by the time construction is complete.

It adds that the advantage to those looking to let out such properties is that tourism in Cyprus has shifted in recent years from large hotels to an emphasis on smaller accommodation such as apartments and villas.

One hotspot where new properties and off-plan plots can be purchased for around EUR250,000 (GBP199,000) is the village of Souni near Limassol, Homesgofast.com reported last week.