Cyprus Property News
Tourists 'must be made aware' of visa requirements
Holidaymakers and overseas property owners should be made aware of visa requirements affecting their travel plans, an insurance firm suggests.InsureandGo believes travel agents… Read more »
"Cheaper flights" for Cyprus visitors
Tourists and owners of property in Cyprus are set to benefit from cheaper air travel to the country, according to one airline.Low-fare flight specialist easyJet is to cut 25 per… Read more »
Praise for 'family-friendly' water parks
Owners of property in Turkey and Cyprus can benefit from family-friendly water parks, a travel information website reveals.Jane Wilkinson of FindFairTravel.info singles out Turkey's… Read more »
Property owners offered overseas insurance
Owners of property in Cyprus and other European countries are being offered new holiday home insurance packages.Saga has launched revamped insurance policies, protecting property… Read more »
Interest in Cyprus 'on the rise'
The number of people researching holidays and properties in Cyprus has increased dramatically, an online travel guide reveals.Figures from Cyprus44.com suggest that the website… Read more »
New Cyprus flights are airline's 'fastest ever selling'
A UK airline's new service to Cyprus has become the fastest selling route it has ever operated.Monarch Airlines reports that half of its 22,000 summer seats to the island from… Read more »
New casino proposal for Cyprus
Owners of property in Cyprus may soon enjoy the benefits of a new casino, according to local reports.The island's airport operator, Hermes, is said to be considering a development… Read more »
Cyprus 'still more popular' than Greece and Egypt
Cyprus is still a popular location for UK property investors, beating rivals such as Greece and Egypt, according to an overseas property portal.New findings from Property Index… Read more »
Cyprus 'still popular with investors'
Cyprus is still a popular destination for those considering overseas property investments, according to new figures.A recent study conducted by investment website Homes Overseas… Read more »
Cyprus and Turkey property showcased
Hundreds of homes for sale in Cyprus and Turkey will be on display at an international property show being held in the UK next month.A Place in the Sun Live - which visits London's… Read more »
Pafilia expands portfolio
Pafilia Property Developers has recently expanded its portfolio to include investment in Crete, it has emerged.The company has already enjoyed much success with its projects in… Read more »
Buying Cyprus property 'is simple'
Purchasing a holiday home in Cyprus is a quick and simple procedure, according to a couple from the UK.Marilyn and Hamish Lowdon from Aberdeenshire bought their property near Paphos… Read more »
Cyprus 'boosting holiday reputation'
Cyprus is currently rebranding itself as a luxury holiday destination in the wake of the economic downturn, it has been suggested.Partly due to a reputation for being more expensive… Read more »
Cyprus first-time buyer scheme launched
The government's first-time buyer scheme in Cyprus is officially underway, it has emerged.A total of 200 million euros was set aside for the initiative, which was announced just… Read more »
Moving abroad 'is all about planning'
Beginning a new life abroad is "all about planning", it has been claimed.According to the Independent, people hoping to escape the cold weather and economic gloom of… Read more »
Cyprus 'offers affordability and year-round sun'
The Mediterranean island of Cyprus is an ideal spot for property-hunters seeking an affordable holiday home, it has been claimed.According to the Times, the combination of being… Read more »
Tourist yachts at local marina 'to pay the same as residents'
Visitors who berth their yachts at the Larnaca marina will soon pay the same rates as residents, it has been reported.According to the Cyprus Mail, foreign yachtsmen were previously… Read more »
Cyprus tops investor list
Cyprus has topped a list to determine the countries of most interest to property investors this year.Jet-to-Let magazine recently surveyed 500 new subscribers to ascertain which… Read more »
Golf courses 'to boost Cyprus property market'
Several new golf courses which are to be located in Cyprus could significantly boost the country's property market, it has been claimed.The Cypriot government recently approved… Read more »
More flights to Cyprus planned
Tourists from mainland Europe are expected to flock into Cyprus when more flights are added on April 1st, a possible boon to people with property in Cyprus.Scheduled flights will… Read more »
Moving to Cyprus 'not a huge change of lifestyle' for Brits
Emigrating to Cyprus is not a huge change of lifestyle, according to one property expert.In news which may interest people looking for property in Cyprus, Paul Collins, property… Read more »
New golf courses 'will boost property in Cyprus'
Fourteen new golf courses planned for Cyprus could boost the whole island's property market, according to one expert.Paul Collins, property editor of BuyAssociation.co.uk, states… Read more »
Checklist released for retiring abroad
A checklist has been released to help guide people through the pitfalls of retiring abroad.The guide, from travel website shelteroffshore.com, sets out the essential groundwork… Read more »
State benefits 'available for expats'
British expats abroad must check to see if there are eligible for any state benefits, it has been claimed.According to overseas property website shelteroffshore.com, expats can… Read more »
Golf course licences 'will boost investment on Cyprus'
Officials are set to consider licences for 14 golf courses on Cyprus which would lead to thousands of new properties being built, it has been reported.According to propertywire.com,… Read more »
Northern Cyprus hailed as a beautiful property bargain hotspot
Northern Cyprus, frequently overlooked in favour of its southern neighbour, offers beautiful landscapes, unspoiled beaches and affordable property, it has been claimed.According… Read more »
Planning ahead 'is the way to retire abroad'
People who feel they cannot afford to retire abroad should plan ahead and not give up hope, it has been claimed.According to the Independent, many people currently feel that the… Read more »
Couple find paradise with holiday home in Cyprus
A couple who invested in a property in Kato Paphos, Cyprus have spoken of their happiness with their holiday home in the sun.Don and Christine Stark, who both work in the aviation… Read more »
Property-seekers in Cyprus 'must ensure they get title deeds'
People seeking property in the popular Mediterranean island of Cyprus must always use an independent lawyer and ensure they obtain title deeds, it has been claimed.Business Life… Read more »
High Commission looking into Cyprus property laws for expats
The island's government is looking into the issue of title deeds for expats currently living in the Cyprus.Following complaints from Brits who have bought property in Cyprus over… Read more »
Cypriot tourism committee submits plans to boost industry
The Cyprus Crisis Management Committee on Tourism has announced plans to submit a number of measures to boost the nation's tourism industry to the Ministry of Commerce, Industry… Read more »
Boomerang expats decide Cyprus is home
Although the plummeting pound has forced many expats in Cyprus to consider returning to Britain, some who made the move back have realised that the sunny Mediterranean country… Read more »
Expat praises winter in Cyprus
An expat living in Ayia Napa, Cyprus, has described it as a "deserted paradise" in the winter months.Writing in the Cyprus Mail, Nathan Morley said that although the… Read more »
Cyprus tourism to enjoy low-cost flights price war
Tourism in Cyprus is likely to be boosted after the national carrier, Cyprus Airways, declared a price war on rival easyJet, after the latter announced plans to fly to Larnaca… Read more »
Cyprus remains 'a sound investment' for overseas property seekers
Cyprus is still a good place to invest despite the plummeting pound, a property expert has claimed.Speaking to the Birmingham Post, Steve Wright, managing director of Cherish Properties,… Read more »
Expats in Cyprus to celebrate new year's eve with a giant kebab
Expats and holidaymakers in Cyprus this new year's eve may be able to see the world's biggest doner kebab being made, reports the Cyprus Mail.The record-breaking attempt by local… Read more »
Expat headed for Cyprus offers his advice
Phil Keating, a semi-retired RAF wing commander, has offered his advice on buying property in Cyprus.Mr Keating, 58, is currently living in Abu Dhabi and working part-time as a… Read more »
New artificial island off Cyprus tipped to increase tourism
An artificial island is being built off the town of Limassol in Cyprus, it has been reported.The island is being constructed as part of the redevelopment of the town's marina,… Read more »
Cyprus 'is cheapest place' to retire
Cyprus has been rated as the cheapest place to retire abroad, according to a list of affordable retirement spots.According to shelteroffshore.com, Brits approaching retirement… Read more »
Cyprus to build marinas
Four man-made marinas are being constructed in Cyprus in a bid to boost the country's tourism appeal, it has been reported.The Cypriot government intends to lengthen its tourist… Read more »
Couple praise peace and quiet in Paphos
A couple who invested in property in Paphos, Cyprus, have said they chose the region for its peacefulness and popularity with British people. Robert and Adele Philliben told the… Read more »
Cyprus 'is the cheapest place to retire abroad'
Cyprus is the cheapest place to retire to the sun, a travel website has claimed.According to shelteroffshore.com, the Mediterranean island charges a maximum of just five per cent… Read more »
Lifestyle and sun are the best things about living abroad, expats say
Expats living around the world have said that a better way of life, warm weather and good food are the best things about living abroad.In a Bupa International survey, over two-thirds… Read more »
British expats 'keeping Christmas traditions'
Many British people living abroad plan to add traditional touches to their festive celebrations, a survey has found.Twelve per cent of Brits abroad are planning a full traditional… Read more »
Cyprus is not just for sun lovers
Fans of all things snow related may not naturally think of Cyprus as the ideal ski holiday destination, but they may want to take a closer look, it has been claimed.Cyprus has… Read more »
'Ski in the morning and sunbathe in the afternoon' in Cyprus
Most people think of Cyprus as a Mediterranean hotspot, popular for with both tourists and expats.However, the island can also boast skiing for four months of the year between… Read more »
Nicosia 'perfect for property investors'
Nicosia presents the perfect opportunity for property investors, according to one industry expert.Martin Pearce, UK sales manager for Aristo Developers, has told the Liverpool… Read more »
Cyprus airport extension unveiled
A new terminal at Paphos International Airport in Cyprus has been unveiled and has seen its first plane touchdown.It opened earlier this week to receive its first arrival, a Finnair… Read more »
Cyprus airport extension unveiled
A new terminal at Paphos International Airport in Cyprus has been unveiled and has seen its first plane touchdown.It opened earlier this week to receive its first arrival, a Finnair… Read more »
Getting a foot on the foreign property ladder in Paphos
Cyprus property is showing a year-on-year growth of more than 18 per cent and with a legal system based on Britain's, it's no wonder the island is popular with UK expats.IT consultant… Read more »
Cyprus hoping to attract more Brits
Cyprus is ready to welcome Britons visiting its shores, according to its minister of commerce, industry and tourism.In news which may interest people looking for property in Cyprus,… Read more »
'Do your research and reap the benefits', overseas property-seekers told
Despite a few horror stories, many people who have bought property abroad are reaping the benefits of their investment, reports the Independent.According to the news provider,… Read more »
Warwickshire woman's Spanish dream comes true
Warwickshire-based businesswoman Angela South had always dreamed of retiring to the sun, but never expected she would one day be in charge of a jet-setting company and enjoying… Read more »
Cyprus property market 'sailing through the downturn'
Property in Cyprus is continuing to do well because it is not dependent on foreign buyers, an international property expert has said.Jonathon P Salsbury, manager of contracting… Read more »
New Cyprus marinas to boost tourism
The Cypriot government has approved plans to build four new marinas at the island's most popular resorts, reports the Financial Times.Currently Cyprus has relatively few mooring… Read more »
'Loch Ness monster of Cyprus' spotted in the Kouris Dam
Officials are searching for the mystery creature apparently spotted under the water in the Kouris Dam in Cyprus, according to the Famagusta Gazette.The rumours began three years… Read more »
Cyprus 'enjoying high level of interest from buyers'
Overseas buyers are continuing to purchase in Cyprus despite the economic downturn, according to property experts.The Mediterranean island is one of just a few countries in the… Read more »
Couple invest in Cyprus to purchase property at home
Couple Stephen White and Eilidh Mark have told how they decided to invest in property abroad in order to afford their first home together back in Scotland.Speaking to the Glasgow… Read more »
Cyprus 'perfect for weekend breaks'
The resorts of Larnaca and Paphos on Cyprus are perfect for long weekend breaks, according to City AM.With 30 degree heat until November, the island is a four or five-hour flight… Read more »
Big Brother star jets off to Cyprus to get in shape
Chanelle Hayes is spending two weeks in Cyprus to get her famous curves back into shape, according to the Daily Star.The 20-year-old Big Brother star had planned to spend thousands… Read more »
Investing in a property abroad 'means it will always be there'
Investing in a property abroad means your investment will always be there, unlike shares and savings in banks, says the founder of the A Place in the Sun magazine and television… Read more »
EHIC 'no substitute for health insurance'
UK citizens paying a trip to Europe have been reminded of the need to purchase health insurance.Shelter Offshore reports that, contrary to many people's belief, possession of a… Read more »
Cyprus 'desirable' for investors and families
The Cyprus property market has largely been spared from the economic impacts of the credit crunch, it has been reported.Due to annual capital growth and readily available credit… Read more »
"Always get an independent lawyer when buying abroad", warns travel show presenter
The most common mistake when moving abroad is not seeking advice from an independent lawyer, according to the presenter of A Place in the Sun, Amanda Lamb.The Channel 4 presenter… Read more »
Cyprus way of life 'perfect' for retirees
With 90 per cent of residents speaking English and left-hand driving, Cyprus has been hailed as one of the best places for Britons to retire.The Retirement Property Guide estimates… Read more »
Tips for selling your property abroad
Sellers can take simple measures to improve the saleability of their property abroad without the need to lower prices, according to a property and lifestyle magazine.An alternative… Read more »
Cypriot tourism group plans new campaigns
The Cyrus Tourism Organisation is launching a new plan to attract an increasing number of tourists.Speaking to the Cyprus Mail, the body's director general Phoebe Katsouri said… Read more »
Cyprus is a 'holiday hotspot for all season'
Cyprus has been deemed a "holiday hotspot for all seasons" by one commentator.Aristo Developers has noted that the island is a "desirable" location for would-be… Read more »
Cypriot economy is "satisfactory"
Cyprus is expected to experience significant levels of economic growth in the upcoming year, which could be good news for people looking to invest in property in the nation.The… Read more »
Cycling fever to hit Cyprus
Hundreds of cyclists will be taking to the roads of Nicosia tomorrow as part of a major event.According to the Famagusta Gazette, the Cypriot capital will be supporting the European… Read more »
Cyprus talks 'good for property market'
A website has expressed how reunification talks in Cyprus could benefit the country's property market.Nubricks.com says that the market in the north of Cyprus has been somewhat… Read more »
Junior Eurovision to be held in Cyprus
Cyprus is to play host to the Junior Eurovision Song Contest later this year.On November 22nd, the town of Lemesos will see children between the ages of ten and 15 competing for… Read more »
Airline expands routes to include Cyprus
Holidaymakers seeking the sun can now fly to Cyprus from Leeds Bradford Airport with Jet2.The budget airline announced the new route earlier this month, taking the total number… Read more »
Northern Cyprus property market 'to expand'
The property market in northern Cyprus is set to benefit from peace talks in the country, according to one source.Blue C Developments sees speculation over the unification of Cyprus… Read more »
Cyprus 'dealing well with credit crunch'
Cyprus is dealing with the credit crunch well and remains a good choice for foreign investors, according to an expert.Property editor at BuyAssociation Paul Collins says the country… Read more »
Cyprus holds historic peace talks
New peace talks are being held between Greek and Turkish leaders in a hope to reunite the island for the first time in 34 years.Cyprus' president Dimitris Christofias met Turkish… Read more »
Cyprus market tipped to pick up in 2009
The property market in Cyprus has been tipped to pick up in 2009 after a slump in the past 12 months. While prices in some areas have almost halved, it is thought that the downward… Read more »
Cyprus set for population boom
Over the next 50 years, Cyprus is likely to experience the largest increase in population in the whole of Europe.According to a study by the Office for National Statistics, the… Read more »
Cyprus attracts more foreign property buyers
Overseas property investors are increasingly seeking possible opportunities in Cyprus, according to an expert.Property author Kevin Moore stated that a growing number of foreign… Read more »
Cyprus foresees further economic growth
The government in Cyprus has predicted that its economy will grow by about four per cent this year.Finance minister Charilaos Stavrakis said that a slight drop during the second… Read more »
Cyprus 'is one of the world's top holiday spots'
Cyprus has been named as one of the most popular holiday destinations in the whole world.According to Love Cyprus, the Mediterranean island is proving to be an attractive option… Read more »
Cyprus 'attracts celebrities'
Cyprus has been hailed as a popular haunt for celebrities, film stars and singers by OK! magazine.According to the publication, the Mediterranean island offers a number of attractions,… Read more »
Cyprus 'is a top investment market'
Cyprus has been named as one of the best overseas property investment markets in the world.Homes Overseas included the Mediterranean island in a list of its "elite" destinations,… Read more »
Airline launches new Cyprus flights
Leisure travellers in the West Midlands will soon be able to benefit from improved access to Cyprus.According to Monarch, direct services between Birmingham Airport and Larnaca… Read more »
Retired expats praise Cyprus
Two British retirees have spoken highly of the quality of life they are now enjoying in Cyprus.According to Barry and Dee Lill, they are able to take part in far more outdoor activities… Read more »
Cyprus 'offers unique tourist attractions'
Cyprus has been praised for providing visitors with a unique holiday experience.According to Rhinocarhire.com, the Mediterranean island offers attractions which cannot be found… Read more »
Cyprus continues to experience growth
The decline in Europe's housing market does not seem to be affecting Cyprus, a media outlet has stated.According to France 24, house prices on the Mediterranean island are tipped… Read more »
Cyprus 'still offers a growing market'
Cyprus has been flagged up as a good location for those who wish to invest in a foreign property.According to the Telegraph, house prices in most popular European markets are in… Read more »
Expat praises tax breaks in Cyprus
An expatriate from the UK has revealed that he is now enjoying a number of financial breaks since moving abroad.Andy Leck is planning to relocate to Cyprus with his wife Eileen… Read more »
Cyprus recommended to retirees
Older people who wish to spend their post-working lives overseas have been pointed towards Cyprus.According to Shelter Offshore, the Mediterranean island currently offers very… Read more »
Cyprus tourism industry records growth
Official figures have revealed that visitor numbers in Cyprus have gone up during the last 12 months.According to data cited by the Financial Mirror, more than 307,000 foreign… Read more »
Cyprus attracts foreign buyers
Overseas property buyers are continuing to purchase homes in Cyprus, according to industry analysts.Jet-to-Let magazine stated that investors in the UK are apparently shrugging… Read more »
Cyprus recommended to holiday home buyers
Prospective lifestyle buyers have been encouraged to consider purchasing a residence in Cyprus.According to Gulf Weekly, the Mediterranean island could be an ideal place to own… Read more »
Cyprus economy set to keep growing
Cyprus's economy is likely to keep growing over the next few years, experts have predicted.According to the Economic Intelligence Unit (EIU), the island's gross domestic product… Read more »
Cyprus recommended to investors
Overseas property buyers could collect strong returns if they invest in Cyprus, a media outlet has revealed.According to Homes Overseas magazine, house prices on the Mediterranean… Read more »
Investors advised to buy in Cyprus
Foreign property buyers have been encouraged to consider entering the rental market in Cyprus.According to Shelter Offshore, the Mediterranean offers hot and sunny weather for… Read more »
Retiree enjoys lower living costs in Cyprus
The cost of living in Cyprus is up to 20 per cent cheaper than it is in the UK, an expatriate has revealed.Tony Blackwell and his wife left their Manchester home for the Mediterranean… Read more »
Britons buy off-plan property in Cyprus
Off plan properties in Cyprus are becoming increasingly popular with investors from the UK, according to a media report.Cyprus Property Magazine revealed that most Britons who… Read more »
Cyprus attracts British property buyers
Overseas property investors in the UK are becoming very keen to invest in Cyprus, it has been revealed.According to a study by Jet-to-Let magazine, nearly 40 per cent of would-be… Read more »
Cypriot property among top performers
The property market in Cyprus continues to perform well, with a recent report showing that prices have risen steadily during the last 12 months.Despite a global economic slowdown,… Read more »
Retirees speak highly of move to Cyprus
A British couple have spoken positively of their decision to pack up and set up home in Cyprus.Derek and Penny Wallis, from Stirling in Scotland, recently spent £275,000 on… Read more »
Cyprus recommended to retirees
Britons who want to spend their retirement overseas have been encouraged to set up home in Cyprus.According to ShelterOffshore.com, the Mediterranean island offers a number of… Read more »
Investor in Cyprus pins hopes on future developments
A British property investor has bought a property in Cyprus in the hope of taking advantage of industrial developments.Martin Cooper and his wife bought two apartments in Limassol… Read more »
Cyprus weathers economic storm
Cyprus has been tipped to withstand the effects of the global credit crunch by property analysts.According to ShelterOffshore.com, there are a number of fundamental factors which… Read more »
Officials calls for infrastructure upgrades in Cyprus
A tourist official in Cyprus has called on authorities to invest in strengthening the island's infrastructure.Akis Kelepeshis, chairman of the Association of Cyprus Travel Agents… Read more »
Working together paying off for Cyprus
A collaboration between government bodies and trade groups is starting to pay dividends for the Cypriot tourism industry, it has been suggested.The island's ministry of tourism,… Read more »
Britons boycott Euro 2008
Many football fans in the UK are planning to boycott this summer's Euro 2008 tournament by heading overseas, it has been revealed.According to Lastminute.com, some Britons do not… Read more »
BA to launch new Cyprus flights
British Airways (BA) is to launch new direct flights to Cyprus from the UK, it has been reported.According to the Cyprus Mail, the carrier will introduce a daily service between… Read more »
Couple mark anniversary with holiday home
A Scottish couple have celebrated their wedding anniversary by purchasing a property in Cyprus.Cathy and Ian Rutherford, from Mid Calder in West Lothian, bought the £86,000… Read more »
Cyprus recommended to retirees
People who are planning to spend their retirement years overseas have been advised to consider moving to Cyprus.According the BuyAssociation website, the Mediterranean island is… Read more »
Cyprus set to attract more investors
Cyprus is set to become more and more popular with foreign property buyers, according to an expert.Property author Nigel Howarth, who moved to the island in 2002, said Cyprus's… Read more »
Rental market boosted by growing tourism
Rental properties in Cyprus saw greater demand as a result of a year-on-year increase in tourist numbers last month.Official figures revealed that 108,164 foreign leisure travellers… Read more »
Cyprus becomes more popular with foreign investors
Cyprus's appeal as an investment market is spreading across the world, experts have revealed.According to the Home Move website, the Mediterranean island is no longer just a hotspot… Read more »
House prices growing in Cyprus
Overseas property investors could stand to benefit from growth in the Cypriot housing market, according to a media report.The Independent stated that the Mediterranean island's… Read more »
Cyprus reports large budget surplus
Cyprus's government has revealed that the Mediterranean island produced a 3.3 per cent budget surplus last year.According to the finance ministry, this is an unusually high figure… Read more »
Cyprus offers year-round sunshine
Cyprus has been praised for offering hot and sunny weather conditions all year round.The Mediterranean country was described as the island of all seasons by the Galway Advertiser,… Read more »
Investment potential of Cyprus highlighted
Prospective investors in the Cypriot market have been informed of the Mediterranean island's various attractions.The country was praised by Home Move for offering a strong and… Read more »
Tennis star signs up to promote homeland
Tennis star Marcos Baghdatis has signed up to promote Cyprus as a holiday destination across the world.The Wimbledon semi-finalist will appear in a multimedia advertising campaign,… Read more »
Cyprus attracts more visitors
The tourism industry in Cyprus recorded an increase in the number of foreign arrivals last month, it has been reported.Official figures cited by the Financial Mirror show that… Read more »
Cyprus's diversity attracts expats
The diverse range of attractions in Cyprus is helping to attract many foreign expatriates, a media outlet has revealed.According to Gulf Weekly, the Mediterranean island offers… Read more »
Cyprus' residents speak up
People living in Cyprus have had the chance to speak about their memories of the country since moving from abroad.Radio Napa, the Mediterranean nation's broadcaster, called on… Read more »
Cypriots give EU the thumbs-up
Cyprus's entry into the European Union has been given a positive appraisal by people living on the island.The organisation carried a poll of public opinion in order to see what… Read more »
Cyprus house price growth outpaces Europe
The rate of house price growth in Cyprus is outpacing many other European countries, new figures have revealed.Data from the Royal Institute of Chartered Surveyors (Rics) revealed… Read more »
Cyprus attracts British investors
Cyprus is continuing to be a highly popular location among overseas property buyers from the UK, according to a media outlet.The Sunday Mail described the Mediterranean island… Read more »
Cyprus' location is key investment consideration, says expert
The advantages of buying property in Cyprus has been recently demonstrated to those living in Qatar, highlighting the importance of the area for potential investment.Property developer… Read more »
Cyprus tourism drives rental market
Rental investors in Cyprus are continuing to see demand from incoming leisure travellers, new figures have revealed.Official statistics showed that more than 50,000 holidaymakers… Read more »
Cyprus economy experiences further growth
Investment prospects in Cyprus have been boosted by new figures confirming continued economic growth on the island.According to official government figures cited by Forbes, the… Read more »
Investors seeking capital returns 'need exit strategy'
Overseas property investors who are buying abroad in order to sell their house on at a profit have been advised to have an exit strategy in place.Paul Collins, property editor… Read more »
Paphos popular with Cyprus investors
Paphos is proving to be a highly popular region among those buying second homes in Cyprus, according to a newspaper report.The Mirror stated that the area is a favourite spot with… Read more »
Tourists urged to convert leftover Cyprus pounds
Holidaymakers with unused Cypriot pounds have been told to change their money into euros as soon as possible.Thomas Cook stated that outstanding notes and coins could only be converted… Read more »
Property buyers praise Cyprus
Cyprus has been praised by a British couple who have just bought a property on the island.Lorraine and Tommy Duncan, from Simshill in Glasgow, purchased a house in a village close… Read more »
ECB praises Cypriot authorities
Authorities in Cyprus have been praised by the European Central Bank (ECB) for their effective handling of the currency changeover.The organisation said that the transition from… Read more »
Cypriots optimistic about the euro
People in Cyprus are optimistic about the future impact of the euro, a new survey has revealed.Research by the island's central bank found that the majority of people on the island… Read more »
Cyprus tourism revenue increases
Revenue produced by the tourist sector in Cyprus continued to increase last year, according to new figures.Data from the Statistical Service Cystat showed that the holiday industry… Read more »
Cyprus pound 'almost out of circulation'
The government in Cyprus has revealed that the pound is almost completely out of circulation.Finance minister Michalis Sarris stated that people on the island had now become accustomed… Read more »
Cypriot star signs up to promote country
Cypriot tennis star Marcos Baghdatis has signed up to take part in a new promotional campaign, according to a media report.The Financial Mirror revealed that a new marketing strategy… Read more »
Cyprus 'catching up with established markets'
House prices in Cyprus are rapidly catching up with established markets, according to a media outlet.The Times stated that although the island's property values started at around… Read more »
Cyprus 'offers tax breaks to expats'
Many older Britons are moving to Cyprus in order to take advantage of various tax benefits, an expert has stated.Justin Rix, international tax director at Grant Thornton, said… Read more »
House prices set to grow in Cyprus
Cyprus's recent adoption of the euro could drive up house prices across the island, according to a media outlet.The Telegraph stated that the country's changeover to the new currency… Read more »
Cyprus tourist sector sees growth
The number of people choosing to visit Cyprus went up last month, new figures have revealed.Official data cited by the Financial Mirror showed that during December 2007, the number… Read more »
Mixed opinions of Cyprus euro entry
People in Cyprus have expressed mixed opinions over its recent currency changeover, a new poll has found.An online poll by the Famagusta Gazette found that 17 per cent of respondents… Read more »
Euro membership 'should boost Cyprus economy'
Entering the euro could prove to be highly beneficial for Cyprus' economy, experts have stated.PricewaterhouseCoopers (PwC) said the island was set to see strong economic growth… Read more »
Cyprus pounds 'can still be exchanged'
Visitors to Cyprus will still be able to exchange any outstanding notes and coins, according to an expert.Richard Green, travel expert at the Sunday Times, stated that people who… Read more »
Expats praise transport links to Cyprus
Expatriates living in Cyprus have praised the good transport links to the island from the UK.Barry and Dee Lill, a retired couple who now live in the country permanently, said… Read more »
Cyprus 'set for property boom'
Cyprus may be set to experience a property boom in the next few years, according to experts.The SaveBorrowSpend website stated that many countries had seen a surge in demand for… Read more »
Euro entry to drive up prices in Cyprus
Investors in the Cypriot property market could be in line to benefit from price increases across the island.The Post Office said the price of goods and services on the island was… Read more »
Monarch launches new Cyprus flights
Budget airline Monarch has announced that it is to launch new services to Cyprus later this year.The carrier will offer passage to Larnaca from both London Gatwick and Manchester,… Read more »
Cyprus set for property boom
Investors in Cyprus could be set to benefit from a property boom on the island, an expert has said.Paul Collins, overseas property editor of BuyAssociation, stated that the country… Read more »
British Airways offers new Cyprus route
British Airways is to expand its presence in Cyprus by launching flights to Paphos later this year.The carrier will offer passage to the region from London's Gatwick Airport every… Read more »
Budget airline offers new services to passengers
People who were planning to fly to Europe on a GB Airways service should now book through easyJet.The low-cost carrier is currently in the process of buying out its smaller counterpart… Read more »
EC president welcomes Cyprus into eurozone
The president of the European commission has welcomed Cyprus into the eurozone following its change of currency.Jose Manuel Barroso stated that its accession was a "momentous"… Read more »
Cyprus joins single currency
Cyprus has become a full member of the single European currency as of January 1st.The Mediterranean island joined the euro on New Year's Day alongside Malta, taking the overall… Read more »
Cyprus 'has good growth potential'
Investors looking to take advantage of a fast-growing property market have been advised to purchase in Cyprus.UK newspaper the Telegraph stated that the Mediterranean island offered… Read more »
Banks close to help euro changeover
Banks and businesses in Cyprus are to close for business temporarily on New Year's Eve, it has been reported.According to the Famagusta Gazette, this will help to ensure that the… Read more »
Investors opting for EU member states
Overseas property investors are increasingly favouring members of the European Union, according to experts.Financial services group Blevins Franks stated that members of the international… Read more »
Cyprus airports see increased passenger numbers
The number of people passing through airports in Cyprus has increased this year, according to new figures.Research by airport operator Hermes showed that during the first 11 months… Read more »
British expats 'moving to Cyprus'
Cyprus is proving to be highly popular among expatriates from Britain, according to experts.Expat Network said that many people from the UK were interested in setting up home in… Read more »
Cyprus' central bank holds final interest rate meeting
The Central Bank of Cyprus has held its last meeting to set interest rates ahead of its accession to the euro.This is likely to be the last time the monetary policy committee (MPC)… Read more »
Cypriot authorities prepare for euro entry
Authorities in Cyprus have begun distributing information regarding its forthcoming entry into the euro.The island will join the single European currency at the beginning January,… Read more »
Cyprus aims to boost visitor numbers
Tourist officials in Cyprus have announced plans to boost the number of people visiting the island next year.The Cyprus Tourism Organisation (CTO) stated that it want to increase… Read more »
Britons 'should prepare for currency changeover'
British travellers have been advised to make sure they are prepared for forthcoming currency changes in Europe.Travelex stated that since Cyprus is set to join the euro in January,… Read more »
Cyprus' economy praised
The European Central Bank has praised Cyprus' economy ahead of its entry into the single currency.Lucas Papademos, vice president of the organisation, stated that the island could… Read more »
Cyprus finance minister discusses economic outlook
Economic growth in Cyprus is set to reach 4.2 per cent this year, according to the country's finance minister.In an interview with Reuters, Michael Sarris predicted that this level… Read more »
Property values in Cyprus 'are going upwards'
The price of residential property in Cyprus is continuing to increase, according to new data.Figures from BuySell Cyprus showed that last month, house values were 17.5 per cent… Read more »
Increased tourism in Cyprus welcomed
Official figures showing an increase the number of tourists visiting Cyprus have been welcomed by a media outlet.TravelConnect said it was "easy to see why" the Mediterranean… Read more »
Cyprus government confirms fiscal surplus
The government in Cyprus is set to benefit from a fiscal surplus when it joins the euro next year, it has been revealed.Finance minister Michalis Sarris stated that initial projections… Read more »
Cypriot economy 'benefiting from tourism'
Foreign visitors are generating increasing amounts of wealth for the Cypriot economy, according to new figures.Research by Statistical Service Cystat (SSC) showed that holidaymakers… Read more »
Festive holidaymakers 'going to Cyprus'
An increasing number of Britons are choosing to jet abroad to Cyprus this Christmas, new research has found.Co-operative Travel stated that a total of 3.3 million people from the… Read more »
Property boom 'boosts Cyprus economy'
International interest in the Cypriot property market has been found to have had a positive effect on the economy.The Financial Mirror cited official figures showing that the amount… Read more »
Cyprus 'has winter sunshine'
Cyprus has been recommended as a good destination for people who want to enjoy some winter sunshine.According to the Telegraph, the Mediterranean island is particularly good to… Read more »
Cyprus recommended to investors
People who are planning to invest in overseas property have been advised to consider the Cypriot market.Gulf Weekly stated that the Mediterranean island was a good option for foreign… Read more »
More travellers going to Cyprus
The number of people passing through international airports in Cyprus has increased this year, according to new figures.Hermes Airports stated that last month, almost 776,000 passengers… Read more »
New flights to benefit Cyprus investors
Investors in the Cypriot market are likely to benefit from the introduction of new flights to the island.Lufthansa German Airlines will offer passage between Munich and Larnaca… Read more »
Boosting winter tourism 'is an investment for the future'
Increasing the number of holidaymakers in Cyprus would have positive long-term consequences, according to an official. The chairman of the Cyprus Tourism Organisation (CTO),… Read more »
Cyprus travel industry plans to boost tourism
Travel industry officials in Cyprus have proposed a series of measures designed to boost the island's tourist industry.Thassos Katsourides, general manager of the Association… Read more »
More Britons 'going to Cyprus'
An increasing number of Britons are choosing to take their holidays in Cyprus, according to new figures.Official data that during the year to September 2007, there was a 4.7… Read more »
Cyprus 'offers the best of both worlds'
Cyprus offers both lifestyle benefits and investment opportunities, according to a British expatriate.Scottish retiree Charlie Burrell said that he was able to enjoy the 'best… Read more »
Golf lovers encouraged to invest in Cyprus'
The Cypriot government is aiming to attract affluent golf lovers by creating new facilities for them, a media report has said.According to the 7Days news website, plans for… Read more »
Cyprus government aims to attract investors
Extensive redevelopment is underway in Cyprus as part of a plan to attract overseas property investors to the island.The Times reports that the country's government is aiming… Read more »
Budget airline offers new Cyprus service
A budget airline has announced that it is to launch a new service to Cyprus from spring next year.Flyglobespan said it would offer a direct link between Durham Tees Valley… Read more »
Tourism 'boosts Cyprus property market'
Cyprus' popularity as a holiday destination is directly helping to boost its property market, according to an expert.Property writer Kevin Moore stated that many of the overseas… Read more »
Attractive property 'tempts investors to Cyprus'
The attractiveness and high-quality of property in Cyprus is one of the reasons it is in high demand, an expert has said.Property writer Kevin Moore stated that Cyprus property… Read more »
EU accession 'has boosted interest in Cyprus'
Cyprus' accession to the EU has helped boost interest in the market among foreign property investors, an expert has said.Property writer Mark Dale stated that overseas buyers… Read more »
Cyprus found to be a highly popular tourist destination among all age groups
Cyprus' wide range of attractions has made it a highly popular tourist destination among all age groups, a newspaper has stated.The People said that areas such as Paphos had… Read more »
Ayia Napa 'could see major investment'
A popular holiday resort in Cyprus could receive a surge of investment in new facilities, it has been reported.According to the Cyprus Mail, a consortium of private companies… Read more »
Southern Cyprus - a good investment?
With the growth of cheap air travel, overseas property investors have relatively easy access to the whole world.While this has led to previously unheard of destinations becoming… Read more »
Cyprus 'popular with potential investors'
Cyprus is one of the most popular locations among prospective overseas property investors, according to a new poll.Research by MRI Construction found that one in six potential… Read more »
Summer rain 'drove people abroad'
Many people in Humberside chose to book last-minute holidays in order to escape from this year's wet summer, according to a travel agency.Humberside Airport Travel said that… Read more »
Cyprus still accessible in winter
Cyprus is still an accessible destination for oversea property investors during the winter, according to an authority.Richard Green, travel expert at the Sunday Times, said… Read more »
New Cyprus service launched by airline
Budget airline Jet2.com has announced the introduction of new services to Cyprus from a regional UK airport.The low-cost carrier will fly to Cyprus for the first time, offering… Read more »
Cyprus property market boosted by cheap flights
The growth of low-cost flights has helped to boost the property market in Cyprus, according to experts.Obelisk International stated that cheap flights offered by Ryanair and… Read more »
Cypriots aim to bring in more tourists
A new initiative designed to attract more tourists to Cyprus has been launched by tourist officials.The Cyprus Tourism Organisation (CTO) wants to showcase other aspects of… Read more »
Many investors 'are looking at Cyprus'
A growing number of people are showing interest at buying properties in Cyprus, according to experts.Foreign Currencies Direct highlighted the island as a popular area that offered… Read more »
Investors urged to help environment
Property investors in Cyprus have been urged to try to limit the size of their carbon footprint.Currency specialist HiFX found that environmental concerns and tackling climate… Read more »
New museum set to draw tourists to Cyprus
A new tourist attraction in Cyprus is set to draw holidaymakers from far and wide to the island.The Fatsa Wax Museum, a historical overview of Cypriot culture, has been expanded… Read more »
