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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 1 year 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 1 year 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 1 year 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 2 years 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 2 years 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 2 years 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 2 years 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 2 years 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 2 years 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 2 years 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 2 years 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 2 years 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 2 years 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 3 years 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 3 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 3 years ago
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