Cyprus Property News
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 »
