Cyprus Real Estate News and Property Market Reviews

Overseas property investors have relatively easy access to Cyprus with the growth of cheap air travel and a growing number of airlines are offering services to the island from different airports.
According to official figures, the number of people passing through international airports in Cyprus has increased this year. The passenger numbers in 2007 increased 4 […]

Popularity: 48% [?]

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: 46% [?]

Recently the Mori poll commissioned by Sponge established a high demand for eco-friendly properties among Britons.
Nearly 92 per cent of the respondents liked to see sustainability features in a potential property, whereas 64 per cent of potential homebuyers said these are mandatory requirements. The interesting news is that the study revealed that men are well-informed […]

Popularity: 49% [?]

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% [?]

Festivals are an important part of Cypriot culture. There is music and dance festivals, flower festivals and religious festivals offer a colorful and electrifying glimpse into the Cypriot tradition and lifestyle. The Anthestiria Flower Festival in Paphos is a wonderful event which celebrates the arrival of spring and the beautiful bounty of nature. The streets […]

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% [?]

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: 67% [?]

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: 55% [?]