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People concerned about the benefits of purchasing Real Estate in Cyprus as an investment will be pleased to learn that an article in The Independant (February 2011) reported 'Tourism revenues in Cyprus rose 3.8 percent in 2010, official data showed on Monday, boosting confidence of an economic recovery in the EU member state. Revenue for January to December 2010 reached 1.54 billion euros ($2.1 billion) compared with 1.49 billion euros for 2009. Income from tourism accounts for nearly 12 percent of gross domestic product of the holiday island. It is the first rise in income from tourism since 2007 when tourism yielded 1.85 billion euros, despite December's severe weather across Europe curtailing arrivals. In December, tourists spent 40.9 million euros in Cyprus - 4.2 percent less than the 42.7 million euros they brought in to the Cypriot economy in December 2009. The recession-hit Irish were the biggest spenders at an average 153.2 euros per day, while the Danes were the most frugal, spending just 30.4 euros. So despite rumours to the contrary, now is a very favourable time to invest in Cyprus Properties.
 
Whether you are currently seeking Property for Sale in Cyprus as an investment or as a permanent move, you should also be pleased to learn that travel to your property for both you and / or your prospective tenants has also been enhanced. Greece's Aegean Airlines has launched daily flights to Heathrow from March 27, and plans to add and increase the frequency of flights from Cyprus to Greek destinations Aegean's vice chairman Eftyhios Vassilakis said. "We believe the London market to Cyprus has the potential to grow," Vassilakis told journalists in Nicosia. With an enhancement of connections to Greece, the company is meeting about 55 percent of needs of Cyprus's domestic market with three Aegean aircraft based on the island, Vassilakis said. Cyprus Airways and British Airways BA.L run daily flights from Larnaca, the island's main air terminal, to London Heathrow. Low cost carriers Monarch and easyJet fly to other London airports. This inevitably makes travel to your dream Property in Cyprus more accessible and affordable.
 
If you are a prospective purchaser seeking your dream Cyprus Property or indeed a property owner looking to Sell Property in Cyprus please get in touch with one of our agents who will be happy to help you.