Cyprus Real Estate News and Property Market Reviews

Cyprus is proving to be highly popular among expatriates from Britain as it offers both lifestyle benefits and investment opportunities, according to experts.
Expat Network said that many people from the UK particularly retirees are interested in setting up home in another country. Sheila Hare, director of Expat Network, commented that Cyprus is one of the […]

Popularity: 43% [?]

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 and […]

Popularity: 44% [?]

Cyprus is getting more popular with the increase in demand of rental property as many holidaymakers are now utilizing the Internet for online bookings. Property expert David Peters said that online booking has become very popular with British consumers, as it is easier than spending hours waiting for a high street agent. The internet is […]

Popularity: 34% [?]

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: 32% [?]

The Royal Institute of Chartered Surveyors (Rics) stated that Russian overseas buyers looking to buy homes in Cyprus has increased recently.
Cyprus sees the next growth market for real estate in the country coming from Russian nationals. Real estate investments in Cyprus have become popular amongst the Russian investors as year round sunshine in Cyprus encourages […]

Popularity: 30% [?]

The political dynamics in Cyprus will be a big deciding factor in the real estate market development. The developers in the northern part of this island country are rooting for the incumbent president, Tassos Papadopoulos. It is believed that his re-election will set the pace of the beleaguered real industry and cause it to be […]

Popularity: 17% [?]

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 interest […]

Popularity: 34% [?]

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 and […]

Popularity: 27% [?]

Local media has reported that Cyprus economy is set to flourish further as it begins to use the euro in 2008. Investment in Cyprus remains a good prospect and is popular among foreign investors.
Economic growth in Cyprus is set to reach 4 percent this year, according to the country’s finance minister Michalis Sarris. He predicted […]

Popularity: 29% [?]