Every year millions of British holidaymakers flock in to enjoy the Levantine charms of this little corner of the eastern Mediterranean. With more than 80,000 British citizens having already bought a property in the Greek-Cypriot South, the place has become one of the 'hot' favourite and popular European destinations for Britons. The warm weather, low property prices and the friendly nature of the locals have attracted foreigners to invest in Cyprus property.

Unlike elsewhere buying property in southern Cyprus is a straight forward process. Although new properties are constantly being built, the range of price is quite cheaper compared to UK standards.

However, buying a property in the Turkish North can leave you in an unpleasant state. This part of the world is conscripted as a ‘pariah state’. Here the property laws are quite impractical and difficult to understand. The Byzantine administration here generally takes three years or longer to complete a deal.

Still this doesn’t stop foreigners from buying a property in the North. In last five years, more than 2,000 foreigners have bought property in this vicinity. For buying a Cyprus property, you need to consider following factors:

• The reason behind your buying
• The kind of investment you wish to have
• Are you going to rent it?
• Location - the access to the coast
• Resale value