Cyprus Real Estate News and Property Market Reviews

Investment prospects in Cyprus have been boosted by new predictions by the government about the economic growth in Cyprus.
Finance Minister Charilaos Stavrak Speaking to Reuters said that its economy will grow by about four per cent this year and a slight drop during the second quarter of 2008 was a seasonal oddness, partly because the […]

Popularity: 11% [?]

Cyprus mail has reported that Cyprus’s has produced a 3.3 per cent budget surplus in 2007. The finance ministry reports have revealed the budget surplus and this is attributed to its strong economic performance which was mainly due to its real estate market is the reason for this high budget surplus.
Cyprus gross domestic product was […]

Popularity: 55% [?]

Forbes mentioned about the government’s official figures as the country’s gross domestic product in 2007 was 4.4 per cent up on the previous year and these figures confirmed the continued economic growth of the island.
Cyprus’s economy is 71.3 percent free and this makes it the world’s 22nd freest economy. Inflation rate is fairly low and […]

Popularity: 45% [?]

Latest financial reports from the Cyprus Inland Revenue are a testimony for the fact that the Cyprus housing market has been popular among property buyers. According to the Cyprus Inland Revenue Department total tax revenue till November 2007 jumped 43.3% and that is nearly CYP 321 million or EUR 549 which at the same time […]

Popularity: 27% [?]

Property experts anticipate boom in Cypriot housing market and it now shows a secure and stable environment for investment. Cyprus is an advisable place to invest for overseas property investment.
The rise and lows of tourist seasons has significant impact on property prices and the most promising thing about Cyprus property is prices are showing healthy […]

Popularity: 32% [?]

Real estate experts have predicted that property prices may increase to 35 percent over the next 12 months in Cyprus due EU accession and adoption of euro. But as prices are still lower in real terms when comparing to other European countries, Cyprus property provides low-risk investment for different types of investors and is still […]

Popularity: 46% [?]

Local media has reported that Cyprus economy is set to flourish further as it begins to use the euro in 2008. Investment in Cyprus remains a good prospect and is popular among foreign investors.
Economic growth in Cyprus is set to reach 4 percent this year, according to the country’s finance minister Michalis Sarris. He predicted […]

Popularity: 27% [?]