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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Standard&Poor’s revises Cyprus outlook to positive
Standard and Poor’s (S&P’s) has revised the Cyprus economy’s outlook to positive from stable
1st of april is a Cyprus National Day
Cyprus National Day is a public holiday in Cyprus and is recognised on 1 April each year. It is also known to some as Greek Cypriot National Day and is a different holiday to Cyprus Independence Day, which is on 1 October.
Archaeological find in the area of Pallas square in Larnaca.
Renovations at Pallas Square in Larnaca have been held up after an old water duct from the Ottoman Empire era was accidentally unearthed.
‘Living Cyprus’ event a reminder to departing passengers
For the second consecutive year, Larnaca airport is offering travellers the opportunity to experience unique moments from the island’s cultural heritage before they return home from their holiday.
Nicosia 2015 solar car race.
The year’s sixth solar car race will take place on Sunday June 28 in Nicosia.
The amount of water in dams in February, is the highest rate of precipitation over the past 20 years.
The Water Development Department said on Wednesday that February’s rainfall, with that expected in March and April would be enough to satisfy needs for two years.
In January 2015 a total number of property sales in Cyprus has increased by 10% in comparison to January 2014
According to official statistics announce by the Department of Lands and Surveys, the number of properties sold in Cyprus during January 2015 has increased in comparison to the number of properties sold in January 2014.
Over €1 billion in fresh capital from abroad
The property development sector has brought in over €1 billion in fresh capital from abroad over the past two years
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.