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Golfing in Cyprus July 31, 2007

Posted by grhomeboy in Cyprus Paphos, Golf.
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Cyprus golf property is possibly by far and away the best investment you could make if you are in fact considering purchasing property on this beautiful island.

There is no doubt at all that if you mix golf, sun and holidays you have the ideal cocktail for a booming property market. Whether you are looking to purchase for your own use or the fast expanding holiday rental market the sums will stack up every time. In fact a great way to subsidize your Cyprus property investment is to rent out to holiday makers when you don’t need it for yourself or your family.

The golfing center of Cyprus is the Paphos area and with several excellent golf courses in the area there is plenty for everyone to enjoy. Property prices in the Paphos area are amongst some of the highest in Cyprus due in the most part to the town now being recognized as an all year resort. This coupled with the golfing aspect of the area has turned Paphos into something of a Cyprus property hotspot. However prices here have not yet reached the dizzy heights of places like Spain or Portugal where you will soon need a kings ransom just to buy a one bed apartment. Prices will conceivably continue to rise however for some time to come making Paphos a good investment if you buy soon.

With great motorway links and the airport on your doorstep Paphos is a golf property dream come true. There are plenty of properties available and new developments are going up all over the area. If you want the best of both golf and holidays an investment in the Coral Bay area a few kilometers outside Paphos could be perfect for you. With miles of sandy beaches bars and restaurants Coral Bay is popular with every kind of Cyprus holiday maker. You would be a short drive from the golf and have a property that rents easily to holiday makers too.

Before you dash off however to book your Cyprus flights there is some hot news for golfers looking for a great property investment. Rumor is rife of a huge proposed golfing and leisure development being proposed in the Larnaca area of Cyprus. If you though that Paphos was a hot bed for investment then Larnaca could be a golfers dream come true. Larnaca is more than just a holiday resort it is a bustling town in its own right. There is a commercial port, a busy marina and a vibrant business community too with more shops and resturants than you can shake a stick at. The main airport is within a hole in one’s distance and the modern coastal motorway will whisk you to anywhere in Cyprus you choose to visit within a couple of hours maximum.

What more could you want? Everything right on your door step including sun, sea and golf. No development has started as yet in the area of the proposed golf complex so property prices in Larnaca are still quite reasonable compared with other parts of Cyprus. There is no doubt that once the plans are cleared and development begins property prices will go through the roof. So if you love golf and Cyprus you may be able to pick up the bargain of a lifetime if you are brave enough to act soon. Enjoy Cyprus!

To find out more about the beautiful island of Cyprus visit > http://www.visitcyprus.com

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