Cyprus Real Estate News and Property Market Reviews

Cypriot developers and homeowners could see new interest from Russian buyers as growing number of property investors from Russia are choosing to buy properties in Cyprus, experts have revealed.
According to the Royal Institute of Chartered Surveyors (Rics), Cyprus has always been a favorite for Brits and there is a very strong ex pat community lured [...]

Popularity: 55% [?]

Larnaca makes a remarkably fertile ground for property investors, second home buyers and retirees from across Europe because of excellent infrastructure, according to British Airways magazine.
Alexander Garrett has written an article Larnaca at large in the December 2008 issue of the British Airways magazine ‘Business Life’ about that how the town is pressing its case [...]

Popularity: 60% [?]

According to the Cyprus Statistical Service (CYSTAT), there is increase in the number of building permits issued in January 2009; investment activity in the construction sector is showing signs of recovery as Building permits constitute a leading indicator of future activity in the construction sector.
The total area of projects that registered building permits in January [...]

Popularity: 69% [?]

The coastal towns of Cyprus are an ideal spot for property-hunters seeking an affordable holiday home, it has been claimed.
Overseas investors wanting to buy property abroad should have Famagusta top in their list, particularly Protaras, Paralimni, Cape Greko and, perhaps the most infamous, Ayia Napa, According to experts at The Overseas Guides Company.
Famagusta is capital [...]

Popularity: 48% [?]

Cypriot minister of commerce, Antonis Paschalides, is putting a proposal to parliament that would grant Iranian investors permanent residency in the Cyprus, according to reports.
Mr. Antonis Paschalides has said that the government wants to assist the stay of Iranians who buy a property in Cyprus provided that the price of the house exceeds a certain [...]

Popularity: 47% [?]

The governor of the central bank of Cyprus, Athanasios Orphanides, has said that Interest rates may take a fall sooner than expected as the country tries to improve economic risks.
This drop may be a good thing as the house markets would improve after struggling with the continued increases of interest rates and therefore repayments.
Mr. Athanasios [...]

Popularity: 53% [?]

There is a plethora of property for sale in Cyprus, from modern villas and an apartment to old houses and buying a property in Cyprus is very similar to buying a property in the UK, if not easier!
Marilyn and Hamish Lowdon from Aberdeenshire has stated that All legal documents and paperwork are in English, most [...]

Popularity: 64% [?]