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If you are thinking of purchasing a Property in Cyprus, it is worthwhile
considering how the nationals feel about their current situation. According
to the regular Eurobarometer 74 poll, which was carried out from
mid-November to early December 2010 across Cyprus, most Cypriots seem
generally satisfied with their lives. Furthermore according to a press
release issued by the European Commission Representation in Cyprus, the
results of the survey indicated that, 82% of Greek Cypriots were satisfied -
with 32% saying they were very satisfied, which is the sixth highest
percentage in the EU. Furthermore, the Greek Cypriots were more positive
about the island's economy compared to the European and global economy, with
33% believing that the Cypriot economy was good, compared to 28% that
thought that the European economy was good, while only 13% believed that the
global economy was good.

Regarding the future,  54% believe that there would not be significant
changes and 57% believe that their household budget would remain unchanged
over the next 12 months.
Regarding the common currency, 41% of Greek Cypriots said the Euro had
softened the consequences of the financial crisis, compared to the EU
average of 39%. The survey also indicated that the majority of the Greek
Cypriots was optimistic regarding the future of the EU.

As an investor, if you are thinking of purchasing a Cyprus Property with a
view to renting it as tourist accommodation it will be interesting to note
that a recent report has shown that tourism arrivals to Cyprus rose 5.5% in
the first two months of 2011, led by a strong recovery from the German
market. Tourism accounts for about 11% of the economy of Cyprus, which has
an intake of more than 2 million tourists annually. German arrivals doubled
in February compared to January, even though that feeder market was hobbled
by the closure late last year of a Cypriot charter airline. "It could
possibly be due to the situation in Egypt and tourists diverted here
instead. I can't think of another reason," said Lakis Avraamides, a local
tourism expert, referring to upheaval in Egypt last month. Avraamides,
director of the Ayia Napa and Protaras tourism board, a region which absorbs
the bulk of arrivals, said Russia was expected to outperform with the
addition of new flights to the holiday island.

If you are currently looking for high standard Property for Sale in Cyprus
then look no further. At House Sales Cyprus you will find numerous Cyprus
Properties to suit every budget.