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Cyprus, a Tourism and Investment attraction in both Good and Bad times Cyprus, a Tourism and Investment attraction in both Good and Bad times There is an island in the Mediterranean where prosperity is the way of life. Since ancient times Cyprus has been a stepping stone between civilizations. Graced with vast stretches of coastline and 340 days of sunshine per year, Cyprus is a natural paradise. A warm and friendly l... News 6 months ago
Cyprus & Greece Considered World’s Best Places to Buy a Holiday Home Cyprus & Greece Considered World’s Best Places to Buy a Holiday Home Cyprus and Greece are the top most favourable destinations in Europe for those interested in buying a holiday home. Such conclusions have been reached by a recent study conducted by Compare the Market, which has analysed locations in countries worldwide, taking into consideratio... News 6 months ago
Cyprus economy continued growth for a second consecutive quarter Cyprus economy continued growth for a second consecutive quarter The Cyprus economy grew by an annual 5,3% in the third quarter of 2021 continuing on a growth trajectory for a second quarter this year. According to the Flash Estimate compiled by the Statistical Service, the GDP growth rate in real terms during the third quarter of 2021 is pos... News 6 months ago
Headquartering of UK firms in Cyprus – an attractive post-Brexit solution Headquartering of UK firms in Cyprus – an attractive post-Brexit solution As the impact of Brexit is now becoming apparent, many UK-based businesses are considering relocation of their headquarters or business activities to other European countries. Cyprus offers competitive advantages in attracting UK-based companies that seek to maintain close busin... News 1 year ago
CYPRUS STARTS ACCEPTING TOURISTS FROM UK, RUSSIA AND OTHER MAIN MARKETS CYPRUS STARTS ACCEPTING TOURISTS FROM UK, RUSSIA AND OTHER MAIN MARKETS The health ministry on Monday upgraded Russia, the UK and Israel, the three biggest markets for Cyprus in terms of tourism, from grey to red category, meaning passengers arriving from those countries do not have to self-isolate upon arrival. They will, however, have to present t... News 1 year ago
Cyprus real estate will hold firm in 2021 Cyprus real estate will hold firm in 2021 While uncertainties remain for 2021, the Cyprus property market will continue to show its strength. With at least two viable vaccines, low mortgage rates, tight supply and supportive government initiatives; the housing market will remain stable in 2021. Property sales in 2020 f... News 1 year ago
CYPRUS AIRPORTS REOPENING AS OF 1ST MARCH 2021 CYPRUS AIRPORTS REOPENING AS OF 1ST MARCH 2021 Airports will be reopening in March with a colour-coded health risk assessment system, the ministry of transport announced on Thursday. As of March 1, the existing category system will be replaced by the traffic-light system adopted by the European Centre for Disease Control (EC... News 1 year ago
Invest Cyprus welcomes Radisson Hotel Group’s ambitious expansion plans for the island as a “major vote of confidence" Invest Cyprus welcomes Radisson Hotel Group’s ambitious expansion plans for the island as a “major vote of confidence" Radisson Hotel Group VP describes plans to “triple” its serviced apartments portfolio in EMEA to address new demand for “safe” holidays and to build on the resilient extended stay hospitality model. While many hotel groups have put their development plans... News 1 year ago
The Hottest Properties in Cyprus You Need to know About The Hottest Properties in Cyprus You Need to know About Real estate market is eventually picking up momentum after COVID-19. Buyers are eyeing for quick gains due to downfall in the pricing of properties. No doubt, this is the best time to invest and secure lucrative profits in the coming years. The best part about real estate is that... Resources 1 year ago
Cyprus economy to rebound 4.5% GDP in 2021 Cyprus economy to rebound 4.5% GDP in 2021 Finance Minister Constantinos Petrides expects to see the Cyprus economy bounce back from the pandemic with 4.5% GDP growth in 2021 following a 5.5% contraction during last year’s health crisis. Addressing Invest Cyprus 5th International Investors Summit on Thursday, the M... News 1 year ago
PGA EUROPEAN GOLF TOUR HEADING TO APHRODITE HILLS, PAPHOS, CYPRUS PGA EUROPEAN GOLF TOUR HEADING TO APHRODITE HILLS, PAPHOS, CYPRUS 2020 has been an unsettling year around the globe, but if we’re looking at the positives then we can certainly include the European Tour heading to Aphrodite Hills in Paphos, Cyprus for the first time. The European Tour announced back in August that they are adding three n... News 1 year ago
Cyprus Property Sales show signs of recovery Cyprus Property Sales show signs of recovery Is this the best time to buy property in Cyprus? Will demand and prices keep increasing? Is the pandemic on its way out? Read the article below and find out if you should invest in a dream home in Cyprus now. Property Sales show signs of recovery Following five successive ... News 1 year ago
Wealthy Britons turn to Cypriot citizenship Wealthy Britons turn to Cypriot citizenship The number of British entrepreneurs looking to “buy” citizenship from countries offering visa-free access to the European Union has risen sharply, investment migration firms say, as prospects of a post-Brexit trade deal between Britain and the bloc darken. Investment... News 1 year ago
Should you invest in Cyprus Property when prices are high or low? Should you invest in Cyprus Property when prices are high or low? Investing in real estate has been a popular choice for decades and if you have invested in the Cyprus property market in the previous years, you can not be disappointed, even with the slight drop in the demand in 2020 due to the Coronavirus (Covid 19) Pandemic.  Properties ... News 1 year ago
Amendments To the Cyprus Citizenship Scheme Amendments To the Cyprus Citizenship Scheme The Council of Ministers, during its assembly on the 31.7.2020 has made changes to the current Cyprus Investment Programme, affecting applicants as per the 17-18.8.2020.  In general, the main new terms are as follows: All applicants must, during the 5 years, for which the... News 1 year ago
10 OF THE BEST HOME STAGING TIPS 10 OF THE BEST HOME STAGING TIPS When you’re selling your home, you want it to look its absolute best for the potential buyers who walk through the door. That’s where home staging comes in. Home staging is a method of decorating meant to highlight your home’s most impressive assets and help bu... Resources 1 year ago
SETTING THE RIGHT PRICE FOR YOUR CYPRUS PROPERTY SETTING THE RIGHT PRICE FOR YOUR CYPRUS PROPERTY The right property price can make a property sell fast. THE PRICE DILEMMA If you price your property too high, you might not even receive an offer on it and make it almost impossible to sell especially in a market with lots of properties for sale on the market. Setting a too lo... Resources 1 year ago
OPENING A BANK ACCOUNT IN CYPRUS OPENING A BANK ACCOUNT IN CYPRUS Who can open a bank account in Cyprus? The National Bank of Cyprus allows both Cypriot and foreign individuals and companies to set up bank accounts in Cyprus for various purposes. No matter the type of bank account one needs, certain documents need... Resources 1 year ago
CYPRUS PROPERTY BUYING GUIDE - A STEP BY STEP PROCESS CYPRUS PROPERTY BUYING GUIDE - A STEP BY STEP PROCESS First of all, congratulations on your decision to join thousands of other property owners who also made the decision to buy a property in Cyprus. The process of buying a property in Cyprus is straight forward and easy. PROPERTY VIEWING TOURS Real estate companies in Cyprus org... Buyers Guide 1 year ago
CYPRUS PROPERTY SELLING GUIDE - A STEP BY STEP PROCESS CYPRUS PROPERTY SELLING GUIDE - A STEP BY STEP PROCESS Advertising Agreement Once you have decided to sell your property, you can contact Demev Group for a presentation of advertising services offered. The next step would be to sign an Advertising Agreement which will give the right to Demev Group to market your property, will detai... Sellers Guide 1 year ago
CYPRUS PROPERTY TAXES AND FEES CYPRUS PROPERTY TAXES AND FEES PROPERTY TAXES AND FEES Here you can find all the information you need about property taxes In Cyprus and any other property charges and fees. STAMP DUTY Once the contracts have been signed, four copies are made and stamped at the District Lands Office by the lawyers. The one... Taxation 1 year ago
Online auctions helping banks offload properties Online auctions helping banks offload properties Online auction of properties acquired by banks, mainly through debt-to-asset swaps to reduce their toxic loans, have started to take-off as many more are being sold off. A private online platform, BidX1 held its second online auction of Cyprus property, selling 59 out of 66 prop... News 2 years ago
What’s next for the Cyprus real estate market What’s next for the Cyprus real estate market The conclusion of 2019 is that the real estate market is changing faster than ever and requires constant innovation, updating and transformation. The positive trend will continue in the coming period, as the Cypriot real estate market is constantly developing and becoming m... News 2 years ago
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