Archive for February, 2009

Immigrating to Cyprus is not a huge change of lifestyle for Brits

Cyprus has been hailed as one of the best places for Britons to retire as immigrating to Cyprus is not a huge change of lifestyle for them, according to one property expert.
Paul Collins, property editor at BuyAssociation.co.uk, said Cyprus does offer “enough of a change to attract people”. He added that many Brits have chosen [...]

Popularity: 28% [?]

Cypriot government to sell state owned properties

The Cyprus government is considering selling state owned properties and issuing bonds to raise the €200 million it owes to the Social Security Fund, according to reports.
The Cyprus government holds several properties that are considered surplus to requirements and its sale will generate much need income to raise around €200m (£180m) to pay off debts. [...]

Popularity: 24% [?]

British High Commission looking into Cyprus title deeds mess

The British High Commission will take a close interest in measures taken by the Cyprus government to sort out the problems of expats left without their title deeds.
As some property buyers worried about the implications of not holding legal ownership to their properties, two questions were placed before the House of Lords in November detailing [...]

Popularity: 36% [?]

Golf course licenses will boost Cyprus real estate sector

House prices and number of new builds in Cyprus are set to increase considerably over the next few years as Officials are set to consider licenses for 14 golf courses, experts have predicted.
According to Propertywire, the main issue for Developers is the scarcity of water in the area and they are hoping that a deal [...]

Popularity: 48% [?]

News of Disney resort set to raise property prices

Property prices in Cyprus will rocket due to plans to build a Disney resort near Larnaca, believes Morpheus Investments.
The government officials has revealed that a Russian investor partnership is planning to build a €800 million Disneyland holiday resort near the town of Larnaca, Cyprus – a big boost to property buyers in the area. The [...]

Popularity: 40% [?]

Northern Cyprus offers a tremendous opportunity for bargains

The unification talks of Cyprus are set to benefit the region, as tourism has already grown rapidly due to its beautiful landscapes, unspoiled beaches, it has been claimed.
According to the Daily Mail, Property hunters looking for a holiday home or sunny spot to retire may wish to consider buying in northern region to take advantage [...]

Popularity: 30% [?]