Most people at some time or another entertain the dream of owning a place in the sun. The TV shows us all those lucky people selling up and moving to sunnier climes or even buying a second home abroad. Cyprus is often one of the places on this wish list and Cyprus property such as villas or luxury apartments are showcased. When you see all that beautiful Cyprus property on the TV bathed in glorious Mediterranean sunshine you may think "yeah right" I bet the reality is nothing like that at all, Wrong! It really is like that and ordinary people like you are living the Cyprus dream of owning a beautiful Cyprus property. How can I be so sure? I am one of them! The Cyprus dream is a reality and it could be for you too if you really want it.

Cyprus property is arguably amongst some of the most beautiful in the Mediterranean area and it is still cheaper than a comparable home in the U.K. That is if there are that many luxury villas with swimming pools in the U.K. apart from the odd stately home or country pile. I guess the weather helps and there is plenty of weather in Cyprus including over 320 days of brilliant sunshine every single year. There is even a winter of sorts in Cyprus from about the middle of December until the beginning of February when it rains and the reservoirs are topped up ready for the long warm summer. Most of the living is done "outside" including lots of alfresco cooking and dining (AKA. barbecues). When you plan a barbecue in Cyprus the weather isn't going to turn up on the day and spoil it for you either. Long summer nights on the sun terrace or balcony sipping even longer cool drinks are the norm when you own a Cyprus property.

The problem with dreams is that for most folks thats what they are doomed to remain, just dreams. This is a real shame because when it comes to owning Cyprus property the reality could be closer than they think. Property in Cyprus could be well within the grasp of Mr and Mrs average home owner if they only knew it. Most U.K. home owners have some equity in their houses following the recent hike in property values particularly over the last 10 years. Many of these couples have decided to release that capital to finance a property in Cyprus and start to live their dreams of a home in the sun. Even those unable to raise the total cost of a Cyprus poperty in this way are using whatever funds they can raise as at least a deposit.

The Cyprus banks are real happy to lend funds to none residents wishing to buy property in Cyprus so finding the balance to finance your dream shouldn't be too much of a problem. Although the Cyprus government has restricted the amount the countries banks can lend to 60% the Cyprus property developers have already overcome this. Many developers are now offering deals on Cyprus property with only 20% down payment! This is great news for would be buyers who are raising this 20% at home and then financing the balance with the Cyprus property developers. It is likely that these mortgages are financed in Switzerland or from some other "off shore" source which means the interest rates could be real low.

With the value of Cyprus property continuing to rise these deals make perfect sense to anyone wishing to grab that dream holiday villa or luxury apartment. O.K. so it cost money to borrow all those thousands of pounds and you are going to be asking yourself how you will be able to repay the loan. Many people have bought into the Cyprus dream now to make the investment for the future such as early retirement or longer holidays when they finish working for a living. In the meantime they are taking advantage of the lucrative Cyprus holiday rental market which is paying for their villa or apartment when they are not using it themselves. So you really could have your cake and eat it too when you live the dream of owning your own beautiful Cyprus property.



Kevin Moore loves Cyprus so much that he spends half the year there writing articles about Cyprus and maintaining his Cyprus web sites. Take a look at the web site here Cyprus Sale Property