Cyprus Real Estate News and Property Market Reviews

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: 50% [?]

Akis Kelepeshis, chairman of the Association of Cyprus Travel Agents (ACTA) has called for a series of wide-ranging infrastructure improvements and new facilities such as marinas, conference centers and casinos has to be created in the country.
He was quoted by the Financial Mirror the improvements will have a series of knock-on effects, as it will […]

Popularity: 32% [?]

The Cypriot government has created a new committee to decide upon a policy to facilitate expats in Cyprus to understand and incorporate them into their culture. The Cyprus Mail has reported that Neoclis Sylikiotis, a government minister told that the committee would make sure that immigration policies fully act in accordance with EU legislation.
As reported […]

Popularity: 34% [?]

Property writer Kevin Moore said that many investors in the Cypriot property market avoid the highly developed tourist spots and consider purchasing in nearby villages as they offer “great value” properties and the potential for growth.

Coastal villages offer several benefits to foreign investors such as its natural qualities, including its mountain ranges, beaches and warm […]

Popularity: 40% [?]

You can get a fashionable, newly built, spacious villa boasting best locations and facilities in Cyprus however no payments for the first three years and a three-week stay every year. Can you believe it? Yes…it’s true…
This is a limited period offer at the new build village Vikla above Paphos amongst rolling hillsides, from major Cypriot […]

Popularity: 42% [?]

The Cyprus Property Action Group (CPAG) and The Cyprus Land and Property Owners Association (KSIA- www.ksia.org.cy) have stick together to look at ways of protecting the rights of immovable property buyers in Cyprus.

KSIA, recognized as a Cypriot legal body in 1964, is affiliated to the Cyprus Chamber of Commerce and Industry (KEVE) and is a […]

Popularity: 50% [?]

Turkish Cypriot President Mehmet Ali Talat said at a meeting of the Center for Eurasian Strategic Studies (ASAM), that talks of reunification of the Mediterranean island of Cyprus will continue in June. He confirmed that preliminary talks between the representatives of both sides are in progress.
This significant reunification talks between the leaders of the Greek […]

Popularity: 61% [?]

Cyprus property market is performing as house prices went up by one-fifth during 2007. According to BuySell Home Price Index, House prices in Cyprus, in the first quarter of 2008, Cyprus recorded a total increase of 3.3% compared to December 2007, bringing the year-on-year increase to 18.6%. The BuySell Home Price Index stated that the […]

Popularity: 76% [?]

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: 58% [?]

Financial mirror cited figures from the Passengers Survey and reported that 2.4 million tourists arrived in Cyprus from January to December in 2007 which is an increase of 0.6 per cent from the previous year. Cyprus mail also has reported that government’s official figures showed that more than 50,000 holidaymakers visited Cyprus last month. Holidaymakers […]

Popularity: 45% [?]