Released on = March 5, 2007, 2:01 am

Press Release Author = Principal International

Industry = Real Estate

Press Release Summary = Colonial links with the UK make Cyprus a popular choice for
British investors when seeking property abroad for a second home or for a safe
investment opportunity.



Press Release Body = Colonial links with the UK make Cyprus a popular choice for
British investors when seeking property abroad for a second home or for a safe
investment opportunity.

The southern shores of Cyprus are being favoured over the ever popular locations of
France and in some cases Spain say Principal International, a leading overseas
property investment company.

With English being widely spoken on the Island and tourism numbers growing every
year, numbers are expected to double in 2007, Cyprus is a mature market offering
property that is still cheaper to buy than in the UK.

Principal International currently have a number of apartments and villas for sale,
and with prices starting from under £100,000 for a 1 bedroom apartment in Paphos,
the price of property here remains a primary reason to invest, see their website for
details; http://www.principalinternational.co.uk.

Cyprus is also favoured by the retiring community as there is a low crime, high
quality life style here. With the stable infrastructure offering exceptional
English speaking medical facilities, the older generation have sought its sunnier
climes and azure coastlines. Buying property here is made easy and with the land
registry rules being broadly similar to the UK, the restrictive processes seen in
other European destinations do not apply, in fact research shows that Cyprus is the
number one destination for UK retirees.

Simon Ryeland, Director of Principal International, says that as increased tourism
numbers generally have a positive influence on property prices we can expect to see
continued healthy growth throughout 2007 and this will entice the investors as well
as the second home buyers.


Web Site = http://www.principalinternational.co.uk

Contact Details = Shaun Woodward
6 Chertsey Road
Woking , GU21 5AB
$$country

441483748629
press@principalinternational.co.uk
http://www.principalinternational.co.uk