Traditionally, and during times that the area was less developed, many people and foreigners from the UK and Scandinavia bought properties in Famagusta and now living permanently. They own in Ayia Napa detached houses and villas or in Protaras apartments and townhouses.
Nowadays, due to many factors the demand is high. Famagusta properties and especially the Ayia Napa apartments and Ayia Napa villas are product ideal for foreigners with high budget and investors. Ayia Napa and Protaras are areas that deliver excellent rentals and can be very good business. Ayia Napa Apartments have annual high yields while Famagusta beachfront villas and Famagusta detached houses have also demand for short and long term rent with good return.
Famagusta property is enriched the last 3 years with marina villas and marina apartments. Ayia Napa marina resort and project is almost finished and investors can buy a Famagusta marina property with high rental yields.