Hi Andre,

The situation in Cyprus is confusing with the market as it is and the Euro now. However, you are wise to continue to buy if the property you have seen if its close to the beach. They are building so fast out there that there is little beach space left, anything near to the beach now will give you a masive return on investment. As for renting your property out, there is more scope than just 6 months of the year. We have purchased several properties in cyprus now, 2 are for personal use, the others we let out.

Speak with Julie, she is an investor and developer out there, its a free service. I dont think I can give you her email unless you email me but its her name at cyprus properties dot org dot u k with obviously no spaces! Good luck with it all, its all about knowing where in Cyprus to buy, Im sure she'll give you great advice!