Cyprus Real Estate News and Property Market Reviews

The attractiveness of high-quality, off-plan properties in Cyprus is one of the reasons it is in high demand among UK investors, according to a media report.
Cyprus Property Magazine has reported that most Britons who are buying a residence on the island are purchasing it before it has been built. Therefore, investors who buy a property […]

Popularity: 26% [?]

The recent survey by property investment magazine, Jet-to-Let has revealed that investor interest is continuing to drift away from the UK buy-to-let market and towards foreign investment opportunities. Cyprus retained the top spot, which is unchanged from 2007, with France and Spain property ranked second and third. Nearly 50 per cent of investors said they have […]

Popularity: 27% [?]

A British couple have spoken positively of his recent acquisition in Cyprus and said that they are enjoying a “brilliant” life since they moved from from Stirling in Scotland.
Derek and Penny Wallis have spent nearly £275,000 to get a villa in Cyprus. They said that their quality of life had improved after moving to Cyprus. […]

Popularity: 30% [?]

Investors in the Cypriot market are likely to benefit from the introduction of new flights to the island. The Cyprus Mail has reported that British Airways (BA) is to launch new direct flights to Cyprus from the UK. The carrier will introduce a daily service between Gatwick and Paphos next month.

The service would help raise […]

Popularity: 44% [?]

Recently the Mori poll commissioned by Sponge established a high demand for eco-friendly properties among Britons.
Nearly 92 per cent of the respondents liked to see sustainability features in a potential property, whereas 64 per cent of potential homebuyers said these are mandatory requirements. The interesting news is that the study revealed that men are well-informed […]

Popularity: 49% [?]

Justin Rix, international tax director at Grant Thornton, has said that many British retirees are relocating to Cyprus in order to take advantage of various tax benefits.
Mr. Rix has said in an interview to Telegraph that pensions from abroad may be taxed at the rate of 5% for amounts in excess of CYP 2, 000. […]

Popularity: 46% [?]

Cyprus is proving to be highly popular among expatriates from Britain as it offers both lifestyle benefits and investment opportunities, according to experts.
Expat Network said that many people from the UK particularly retirees are interested in setting up home in another country. Sheila Hare, director of Expat Network, commented that Cyprus is one of the […]

Popularity: 47% [?]