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 to […]

Popularity: 7% [?]

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 […]

Popularity: 20% [?]

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% [?]

The Sotheby International Realty network founded in 1976 has more than 470 offices in the US, 29 in other countries and 9,000 sale associates. Their first office in Cyprus will be opened in Cyprus by the end of this year, with an elite 25 year licensing agreement and this is a move to cover the […]

Popularity: 25% [?]

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 firm Pafalia, […]

Popularity: 27% [?]

The tourism industry in Cyprus recorded an increase in the number of foreign arrivals in 2007. The Financial Mirror revealed that it was nearly 11.2 per cent more than the amount recorded in 2006. The tourists include people from various European countries, as holidaymakers came from places such as Germany, Greece and the UK. These […]

Popularity: 40% [?]

Justin Rix, international tax director at Grant Thornton, has said that many British retirees are relocating to Cyprus in order to take advantage of various tax benefits.
Mr. Rix has said in an interview to Telegraph that pensions from abroad may be taxed at the rate of 5% for amounts in excess of CYP 2, 000. […]

Popularity: 46% [?]

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: 52% [?]

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: 62% [?]

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% [?]