Cyprus Real Estate News and Property Market Reviews

Overseas investors find an ideal marketplace in Cyprus and have attracted increasing number of Russian investors and holidaymakers.
Antonis Michaelides, minister of commerce, industry and tourism, said Cyprus offers several benefits to overseas investors such as being well located and economically prosperous. He pointed out other striking qualities of the country, such as the streamlining of […]

Popularity: 26% [?]

Cyprus has been suggested as a good destination for tourists who want to enjoy some winter sunshine.
According to the Telegraph, Cyprus is mostly good to visit at this time of year because of its Mediterranean climate, temperatures characteristically in the mid-20s. The publication stated that the pleasant temperatures in winter means sightseeing would be more […]

Popularity: 23% [?]

Former Cypriot tourist centre Famagusta will become popular among overseas property investors if reunification talks are successful.
Famagusta has traditionally been one of the more popular cities for foreign investors and had 95% of Cyprus’s tourism before the 1974 Turkish invasion. Property investment firm International Property Group (IPG) has stated that the region would see immediate […]

Popularity: 24% [?]

The visitor numbers in Cyprus for a holiday has exceeded record levels, new figures have shown.
The tourism industry in Cyprus recorded an increase in the number of foreign arrivals last month. The Financial Mirror has cited government official data as more than 307,000 vacationers visited the Mediterranean island in June which is 8.8 per cent […]

Popularity: 27% [?]

Marcos Baghdatis, The tennis star from Cyprus has been elevated to Cyprus’ global ambassador to promote Cyprus as a holiday destination across the world. The tourism industry in Cyprus recorded an increase in the number of foreign arrivals last year and it is expected to increase further this year.

This new celebrity-fronted promotional drive will appear […]

Popularity: 20% [?]

New figures from the Cyprus Central Bank indicate that the number of loan approvals for home purchases increased in April when compared with a year earlier.
The total number of loan approvals in the Cyprus domestic market accelerated in April, driven by property loans and loans to non financial organizations. The total value of loans stood […]

Popularity: 23% [?]

The attractiveness of high-quality, off-plan properties in Cyprus is one of the reasons it is in high demand among UK investors, according to a media report.
Cyprus Property Magazine has reported that most Britons who are buying a residence on the island are purchasing it before it has been built. Therefore, investors who buy a property […]

Popularity: 26% [?]

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 those […]

Popularity: 32% [?]

The recent survey by property investment magazine, Jet-to-Let has revealed that investor interest is continuing to drift away from the UK buy-to-let market and towards foreign investment opportunities. Cyprus retained the top spot, which is unchanged from 2007, with France and Spain property ranked second and third. Nearly 50 per cent of investors said they have […]

Popularity: 27% [?]

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 island’s […]

Popularity: 33% [?]