Archive for August, 2008

Online searches for Cyprus property increase

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: 44% [?]

Government initiatives raise the investment potential of Cyprus

Extensive redevelopment is underway in Cyprus by the government - a move which could further boost the island’s tourist industry and property market, according to reports.
Cyprus has become one of the most popular holiday destinations bringing in over £1.7 billion in revenue every year to the country. Financial Mirror cited government’s official data that more […]

Popularity: 44% [?]

Larnaca on the brink of a property boom

Larnaca may be set to experience a property boom in the next few years, according to experts.
Cypriot property market has attracted international interest due to its robust economy. Much of this new impetus seems to be focused on Larnaca, where the Cypriot government is aiming to attract affluent golf lovers by creating new golf developments, […]

Popularity: 44% [?]

Cyprus become popular market for celebrities

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 other […]

Popularity: 40% [?]

Cypriot economy set to keep growing

Investment prospects in Cyprus have been boosted by new predictions by the government about the economic growth in Cyprus.
Finance Minister Charilaos Stavrak Speaking to Reuters said that its economy will grow by about four per cent this year and a slight drop during the second quarter of 2008 was a seasonal oddness, partly because the […]

Popularity: 36% [?]

GCC nationals lured towards Cyprus realty sector for investments

Prospective buyers from the Gulf are being tracked and encouraged to invest in the growing real estate sector of Cyprus, reports The Peninsula.
Road-shows are being organized throughout GCC to attract wealthy nationals from the region, in investing their money in the property sector of the island nation.
For instance, Leptos Estates, a real estate firm, organized […]

Popularity: 36% [?]

Cyprus Ski potential boost buy-to-let properties

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: 40% [?]

Lovely Larnaca lures investors

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”, while […]

Popularity: 34% [?]