Magnificent ecology, the sea and the sun are constant factors in the growth of real estate prices in Cyprus. This market is constantly growing, thanks to which the capital invested in housing is also constantly increasing. It is also necessary to take into account the fact that there is less and less land for development on the island. Accordingly, there are no objective reasons for a decrease in demand.
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Archbishop faces competition in Yeroskipou project
Archbishop Chrysostomos is facing serious competition in his plans to invest in a gigantic Yeroskipou project, worth hundreds of millions of euro.
The fall in residential prices has slowed down
According to Gold News, during the first quarter of 2015, a significant fall was recorded in residential prices.
More Britons in Paphos this summer
The head of the Paphos hoteliers union (PASYXE) Themis Phillipides has confirmed that there is an increase in the number of British holidaymakers at hotels in the district.
CYPRUS telecom CYTA has announced the introduction of the new service 'Russian Number'.
It allows customers (pay monthly and soeasy) who receive frequent calls from Russia, to obtain a Russian phone number in addition to their existing one. CyTA says; "In this way, their family, friends and/or associates in Russia can call...
Negotiations between Nikos Anastasiadis and Mustafa Akinci continues
President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci are now immersed in substantive negotiations, UN Special Adviser Espen Barth Eide announced on Monday.
President of Russia will officially visit Israel
President Nicos Anastasiades will pay Israel an official visit on June 15, it was announced on Sunday.
Cyprus is a fast growing investment fund centre in Europe
The Cyprus Investment Funds Association (CIFA) announce on Tuesday that total net assets of Cyprus investment funds increased by 23%. This statistic based on figures released by the Central Bank of Cyprus for March 2015.The latest...
iHome in Cyprus.
One of the biggest developers in Cyprus starts a new unique project with the name "iHome".
According to the results of Property Price Index of RICS property prices in Cyprus continue to drop
The results of the 22nd edition of Property Price Index of RICS (Royal Institution of Chartered Surveyors) Cyprus was released on Thursday.
Cypriots have estimated their level of happiness
On a scale from 0 to 10, Cypriots are 6.2 happy with their lives overall compared with an EU average of 7.1 out of 10. The happiest bunch in the bloc are the Swedes and the Finns, scoring an overall 8 out of 10, and the least happy are...
3 reasons to buy property in Cyprus
Property owned by foreigners in Cyprus is protected by the law
Property rights in Cyprus are strictly respected, therefore there are now reasons to worry about your capital. Even in the event of political changes, the status of investors remains untouchable and is guaranteed by the government.
Owning a house or apartment on an island is not only an indicator of status
Owning a house or apartment on an island is not only an indicator of status. This is an opportunity to diversify investments that help you to get a stable income and be sure that your capital is safe.
Minimum taxes on the sale and acquisition of real estate
In Cyprus, unique taxation conditions have been created to minimize indirect costs. An additional bonus is the possibility of obtaining a residence permit. If you are interested in the possibility of a change in status, we recommend that you study our website or contact managers.