Cyprus is a very popular tourist destination, so buying villa here is a very good investment
. There are many investors, both foreign and local, who are interested in buying property here. So there is plenty of competition and the one who is able to provide value for money is the one who is going to survive.
The first thing that tourists like is a well maintained villa. For this you will have to constantly invest in maintenance like in any other house. The cost of maintaining a villa in Cyprus is much cheaper than in most countries. There are companies in Cyprus who will maintain your villa for you.
The rates of Ayia Napa villa rentals are very competitive; therefore if you provide something extra you are sure to increase the chances of your villa being rented. Also there is a possibility that your property"s value will increase, providing you with an option of selling it for a profit on a later day.
There are many Cyprus villas to rent, so don"t expect to money to start flowing from day one. You would have to be patient as it will take a few years for the financial returns to start coming in. That is even if you villa is located near popular tourist attractions. Thinking of something different can go a long way in getting people to rent your villa, but remember that this can be a double edged sword as what you like may not please the guests. Including the local flavor also helps as many tourists come to enjoy the place.
The number of Cyprus holiday villas that are available for rent is plenty, so having your villa fully furnished is a must if you want to compete in the rental market. Help your guests by providing information about the area, including the places they can visit and things they can do during their stay. This information however has to be constantly updated as many things can change.