Cyprus is a dream for high net worth individuals seeking to invest in real estate. Not only are crowds flocking there for the crystal clear ocean and welcoming warm breezes, they’re also visiting for business meetings and conferences with networking breaks on the World Championship Golf Courses. Luxury hotels are popping up along the ocean as Cyprus becomes a hot spot for adventurous tourists as well. Diving holidays and hiking tours are now extremely popular, driving tourism and boosting the local economy.
The government is making culture a priority, putting on more elaborate theatre shows and concerts. In fact, Hollywood elite are now making Cyprus a vacation priority. Celebrities like Leonardo DiCaprio, Michael Douglas, and Catherine Zeta-Jones have all been spotted on the island’s sandy beaches. With such high net worth individuals visiting, investors are looking to capture a piece of the island by investing in prime real estate.
The Londa Hotel is a popular spot for celebrity guests and visiting politicians. It’s a trendy spot with a luxurious spa and a daily breakfast spread so elaborate one can hardly imagine. This is just one example of the kind of boutique hotels that are often filled to capacity during the high season. Paul McCartney usually stays at the Anassa Hotel, a five-star luxury resort known to attract famous guests who like their privacy. Prince Albert of Monaco also stays at Anassa when he visits Cyprus. Celebrity chefs like Gordon Ramsey enjoy the exclusive restaurant at Anassa which only serves twenty people on any given evening.
Cyprus itself is visited by 2.5 million tourists each year, that’s roughly three-times larger than its population.