Cyprus Real Estate, News and Property Market Reviews

Online Searches for homes overseas have increased by over a quarter during the first half of the year, it has been reported. Travelsupermarket.com has stated that property investors generally find it much comfortable to research in the web. The online portal added that property buyers can easily look at the whole market online in order [...]

Cyprus has been flagged up as a particularly popular market for celebrities, film stars and singers, it has been reported. According to OK! Magazine, Celebrities Peter Andre and Katie Price have just purchased recently bought an off-plan property near Larnaca. The magazine added that the Mediterranean island has also proved to be popular with many [...]

Buy-to-let properties in Cyprus saw greater demand as a result of a year-on-year increase in tourist numbers this year. More than 307,000 foreign holidaymakers visited Cyprus in June which is 8.8 per cent higher than the amount recorded in June 2007. The hot summers and mild winters has made Cyprus a popular holiday destination for [...]

Larnaca, one of the world’s oldest cities is a popular tourist destination among all age groups, one expert has claimed. Larnaca has appealed to everyone and it has places to enjoy a night out and a variety of cultural and historical sites. Discover Larnaca, property portal has stated that the Larnaca is “quiet and picturesque”, [...]

The Times has stated that overseas property investors could stand to benefit from growth in the Cypriot housing market as the property prices in Cyprus are rapidly catching up with established markets. Cyprus house prices started at around £77,000 and the house prices went up by an “impressive” amount last year. The prices are approaching [...]

Cyprus attracts many foreign tourists due to its diverse range of attractions. Gulf Weekly has reported recently that Cyprus offers many attractive attributes including good food, culture, history and architecture. Cyprus has traditionally been known for its mountain ranges, beaches and warm climate, the government is now launching promotional campaigns to draw attention to the [...]

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 [...]

Cyprus is set to become more and more popular with foreign property investors, an industry expert has said. Overseas property development firm, Pafalia, has recommended that Cyprus is likely to become considerably more popular with investors, a development which should push up house prices in many areas. Simon Cozzolino, a property consultant with property development [...]

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 [...]

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 [...]