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Cyprus wants low cost airlines & age-old favourite Print E-mail
 

Hello

Welcome to the April edition of Property Venture's monthly e-newsletter, seeking to provide you with newsworthy stories from the places we help people buy in. This month there is news from the traditional destinations and some exciting new ones coming up...

Introduction 

This month has proved to be an eventful month. A trip to Morocco proved to be really interesting and an eye-opener for what Morocco has to offer. Fabulous, diverse countryside, amazing climate and a Mediterranean coastline to die for. Lots more on this and property on offer, in next month's edition of the newsletter....

Paphos wall remnantsCyprus

The Greek Cypriot government is planning to boost the economy by injecting €300m into its property sector, of which €51m would create VAT reductions in hotel charges and the lowering of aircraft landing fees. This could help attract low cost airlines such as Ryanair, who have until now been reluctant to fly to Cyprus because of the landing fees. This would help boost tourism and have a knock-on effect for property prices. Although, everything is still at the discussion stage.

On top of the reduction in fees, last year the Cyprus Tourism Authority (CTO) started work on its Air Route Development Scheme (ARDS), which allows it to offer marketing support, not direct financial contributions, to airlines bringing new routes to the island. Now completed, expressions of interest for ARDS will be put out to international airlines this month (April ’09).

With Larnaca opening it’s new airport mid 2009 to double capacity, low cost carriers are bound to be attracted.  Read more....

SpainAlmeria's stunning coastline

It seems an obvious choice to put Spain among the top ten destinations for overseas property – a recent survey from Globaledge has identified it as still one of the most popular searches for buyers of homes abroad. So even if buying has slowed down, interest is still there for the age-old favourite destination.

2008 was indeed a tough year for the property market on the Costas, with developers and agents going out of business. But, combined with the effects of the global economic downturn, 2009 could be the best time to buy in Spain for years. Prices have reduced to levels unseen for some time, developers and agents are doing everything they can to attract interest and are competing for a smaller pool of buyers than previously. The reasons for wanting a property in Spain remain the same as ever and the advantages just as strong: lifestyle, climate, standard of living…..Read more

Featured property

Costa Almeria-Spain
Waterside Villas Almeria
Small development of semi-detached villas, located in, a relaxed environment, combining the natural landscape with a range of homes and exclusive services for the residents. Within the complex of 150 properties, there is a summer outdoor pool, a heated indoor pool for the winter and there are marvellous views of the Sierra Cabrera and the Mediterranean Sea. Close to all amenities: restaurants, bars, water activities, marinas. Key ready. Limited Special Offer - reductions of up to 24% off prices. Prices start from £167,000. Read more

Special Offers
Common-sense hand-holding

From time to time we produce a Common-Sense Guide. We have the latest version “An Introduction to Overseas Property Investment” available for free. To download it, click here

 

Your opinion counts
We welcome your thoughts on items that should be included in the newsletter. If you have any constructive suggestions to make then please e-mail This e-mail address is being protected from spam bots, you need JavaScript enabled to view it , we like to receive your feedback.

Property Venture® helps people buy property abroad in a common-sense way, in countries like: Poland, Spain, Bulgaria, Cyprus, Montenegro &, Morocco.

Image of Louise Reynolds

Warm Regards

 

Louise Reynolds
Director

 

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Property Venture® is a trading name of Business Venture Ltd. Company no. 06343172
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Registered Office: 5 Park Court. Pyrford Road. West Byfleet. Surrey. KT14 6SD

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Disclaimer
Property values can fall as well as rise. This document is for information purposes only and was deemed relevant at time of sending. There is no guarantee as to the accuracy of, or omission from, the information presented. Intending purchasers must satisfy themselves by inspection or otherwise, as to the accuracy of information given and not rely on it as statement of fact, nor interpret it to be a commitment on the part of Property Venture®, or Business Venture Ltd. Finally, although subject to our own anti virus checking, prior to sending, the recipient should check this email and any attachments for the presence of viruses. Property Venture® & Business Venture Ltd accept no liability for damage caused by any virus transmitted by this email.

 


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