Cyprus Real Estate, News and Property Market Reviews

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

Cyprus adopted euro On January 1st 2008 and joined the rest of Euroland almost 4 years after its accession to the European Union. Telegraph has reported that Cyprus interest rate of just 4% has triggered the number property investors looking to capitalize on the low interest rate. Cyprus has lifted most capital restrictions and lowered [...]

Overseas real estate expert says that Cypriots are known for their genuine and heartfelt hospitality which attracts overseas investors more. Investors have understood that it is not some ‘tourist charm’ but this all embracing warm hospitality is very much a part of their tradition. James Dearsley, European Sales manager for Atlas International, has said that it [...]

Cyprus has been the choice for British investors looking for overseas property investment opportunities recently. A survey by YouGov, the polling company, shows that one in six of first time UK buyers prefer Cyprus as their immediate choice. They have reported that recent survey conducted about their favorite location and over 2000 people responded enthusiastically [...]