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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Property sales in Cyprus increased by 31% over a year
The amount of properties sold in Cyprus in March increased by 31% compared with March 2014 with sales improving in all districts except for Famagusta.
Troika will be in Cyprus from April 26th to 29th
Troika technical groups are expected to return to Cyprus between April 26 and 29 with a view to completing the fifth review of the country’s economic adjustment programme.
Tourist arrivals rise 26% in March
Tourism arrivals rose 26 per cent to 97,479 in March compared with last year, mainly on increased arrivals from the United Kingdom, Greece, and Germany offsetting a drop from Russia, the statistical service said.
Privatization of commercial activities at Limassol port
Cyprus will launch a tender for the privatization of commercial activities at Limassol port in May, Minister of Transport, Communications and Works, Marios Demetriades has said.Demetriades began a series of contacts with the island`s...
New airline seeks to use Cyprus as a base
A new airline – Cobalt Air – has applied to set up operations from Cyprus, intending to use the island as a base for operating “a strong European airline”.
Cyprus has been listed among best holiday destinations for travel in May
According to ranking compiled by the online booking service Oktogo, Cyprus beach resorts are considered to be one of the most popular international destinations for holidays in May.
Реформы Кипра
The government does not plan to raise taxes or cut pensions and wages, President Nicos Anastasiades assured civil servants on Monday, noting however, that government spending, including payroll, could only increase at a reasonable pace.
The number of registered unemployed persons in Cyprus decreased
The number of registered unemployed persons in Cyprus decreased
The implementation of agreements signed between Cyprus and Russia will be examined today during the Cyprus-Russia Business & Investment Forum
The implementation of agreements signed between Cyprus and Russia in the context of President Nicos Anastasiades recent visit to Moscow will be examined during the Cyprus-Russia Business & Investment Forum this Friday.
Cyprus becoming more attractive for investment
European Commissioner for jobs, growth, investment and competitiveness, Jyri Katainen, said on Monday that Cyprus’ image abroad was improving, and its credibility was being restored, making itself more attractive to foreign investment.
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.