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New Websites Give Foreign Investors Easier Access To Cypriot Property Market

by Lorys Charalambous, Tax-News.com, Cyprus

29 November 2004

Cyprus-based World Travel Gate (WTG) have announced the launch of two new property websites designed to give foreign buyers access to both the new-build and existing property markets.

According to WTG, the new websites aim to take much of the hassle out of searching for suitable property for prospective foreign buyers who have specific needs.

“The Cyprus property market is seen as an over-crowded, somewhat confusing market to overseas buyers,” observed John Burnside, Managing Director of WTG.

However, WTG stress that they are neither estate agents nor property developers. "We simply act as a medium between buyer and seller, we are not contracted to any individual developer or estate agent and always offer impartial advice to people wishing to purchase a home in Cyprus,” explained Mr Burnside.

The two sites are www.newbuildcyprus.com and www.cyprusresales.com.

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