Local property values have shown a steady upward movement over the years and property, especially beachfront property, has shown a considerable appreciation.

Relative to equivalent property found in other Mediterranean and Southern European countries, local property is believed to offer good value for money and the island's increasing popularity in the international market further supports this.

As a general rule we could say that property income returns are in the region of 5-6% per annum on current values. In addition, the annual appreciation on real estate values are in the region of 8%-12% per year.

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