Cyprus Real Estate News and Property Market Reviews

Extensive redevelopment is underway in Cyprus by the government - a move which could further boost the island’s tourist industry and property market, according to reports.
Cyprus has become one of the most popular holiday destinations bringing in over £1.7 billion in revenue every year to the country. Financial Mirror cited government’s official data that more […]

Popularity: 7% [?]

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% [?]

Prospective buyers from the Gulf are being tracked and encouraged to invest in the growing real estate sector of Cyprus, reports The Peninsula.
Road-shows are being organized throughout GCC to attract wealthy nationals from the region, in investing their money in the property sector of the island nation.
For instance, Leptos Estates, a real estate firm, organized […]

Popularity: 19% [?]

Overseas investors find an ideal marketplace in Cyprus and have attracted increasing number of Russian investors and holidaymakers.
Antonis Michaelides, minister of commerce, industry and tourism, said Cyprus offers several benefits to overseas investors such as being well located and economically prosperous. He pointed out other striking qualities of the country, such as the streamlining of […]

Popularity: 26% [?]

Cyprus will be one of the attractive destinations to invest in property during 2008 as Cypriot property continues to perform well, with a recent report showing that the growth of the housing market over the last 12 months as “phenomenal”.
This indicates that foreign property investors who enter the market early could purchase a home for […]

Popularity: 35% [?]

St. Petersburg times have reported that Business City Guyot, a company in St. Petersburg that operates the four-star boutique hotel Guyot in collaboration with Leptos Group, the largest construction company in Cyprus and the General Consulate of Cyprus, will sell residential real estate in Cyprus.

Valery Zizenberg, president of Guyot has said that recently they have […]

Popularity: 41% [?]

The Home Move website has stated that Cyprus’s appeal as an investment market is spreading across the world and it has attractive financial propositions. Cyprus property deals till September, 2007 surged by a stunning 42% and that amounts to CYP 1.7 bln or EUR 2.9 bln from CYP 1.19 bln in September, 2006. Due to […]

Popularity: 57% [?]

Cyprus is one of the hottest locations currently available for the overseas property investors. Principal International says that with the lack of land being available to develop in Northern Cyprus and strict property planning laws enforced by the government to protect against overdevelopment has resulted in inadequate supply of new builds.
Simon Ryeland, Director of Principal […]

Popularity: 23% [?]

Gary Clayton, Principal International, UK’s leading overseas property investment company has said that Cyprus has lot to offer for any overseas property investor, with the onset of the euro, cheap flights, low interest and booming tourist industry, Property investment is showing good returns.
Cyprus adopted euro On January 1st 2008 and joined the rest of Euroland […]

Popularity: 33% [?]

Property investment website Amberlamb.com has said that Demetris Christofias, who has just won the election to become president in the south is exceptionally good news for North Cyprus and it is in the threshold for a property boom.
The election is considered as a crucial step towards reunification with the break-away Turkish-controlled northern Cyprus after decades […]

Popularity: 23% [?]