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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Demand for properties rental in Limassol continues to grow
A property market boom in Limassol has driven up rents as demand for housing has outstripped supply as more companies have moved to the area seeking accommodation for their staff.
Chinese ban no impact on property sales
The restrictions introduced by the Chinese government to reduce outbound investment in real estate have yet to impact property sales according to the Cyprus Chambers of Commerce and Industry (Keve).
New home building permits up 25 %
The number of new homes in Cyprus for which building permits have been issued rose by 25.3 per cent in September 2017 compared to September 2016 according to the Cyprus Statistical Service.
Signature residential towers project near Limassol beachfront reaching its final stage
One of the signature projects of Limassol beachfront road is reaching its final stage of completion with the construction actively progressing.
Increasing demand in the summer property market in Cyprus
According to the announcement of the Minister of Energy, Trade, Industry and Tourism, Yorgos Lakkotripis, on the Cyprus radio Active on May 22, the number of tourists choosing Cyprus as a destination for their summer holidays is...
12th Russian- Cyprus Festival in Cyprus
For the 12th time, the Cyprus-Russian festival will be held in Cyprus. This annual event, celebrated by the residents and visitors of the island, brings together all lovers of Cypriot and Russian culture, artists, dancers, musicians and...
Rapidly recovering Property Market helps Cyprus Banks to improve their asset quality
According to the rating agency Moody's, the real estate market in Cyprus has shown a stable upward trend, which has also increases the demand for building permits on the island. Restoration of the construction and real estate sector, in...
Cyprus property sales up 18% in July
Property sales in Cyprus rose 18 per cent in July compared with July 2016 with sales increasing in all districts (with the exception of Larnaca) according to official figures from the Department of Lands and Surveys.
British couple raffling Cyprus villa, some of proceeds to go to charity
A British couple from Somerset in England is offering their Paphos villa as a prize in a raffle with 10 per cent of hoped-for receipts going to three different charities in the UK.
Quotas for issuing passports to investors
The Cypriot authorities are considering the possibility of imposing restrictions on the issuance of passports to foreign investors.
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.