Real Estate & Property Investment News in Cyprus from Propertyshowrooms.com

Nicosia 'perfect for property investors'

Thu, 20 Nov 2008 00:00:00 GMT

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...

Cyprus airport extension unveiled

Wed, 19 Nov 2008 00:00:00 GMT

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...

Getting a foot on the foreign property ladder in Paphos

Wed, 19 Nov 2008 00:00:00 GMT

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...

Beaches hailed as key in Cyprus appeal

Fri, 7 Nov 2008 00:00:00 GMT

One of the major appeals of Cyprus property is its beaches, it has been stated.

Discussing properties located near to Paphos, overseas property portal TheMoveChannel.com listed several beaches as being of particularly high quality, including Coral Bay, Geroskipou Beach and Pissouri....

Cyprus 'safe from credit crunch'

Fri, 31 Oct 2008 00:00:00 GMT

The property market in Cyprus will not be brought down by the credit crunch, an expert has stated.

Manager of property developer Cybarco Jonathon Salsbury said the market is less vulnerable than it would have been in the past because the dependence on British buyers is now much less as investors are increasingly arriving from countries such as Russia, Kazakhstan and the Middle East....

Cyprus favoured by first-time buyers

Tue, 21 Oct 2008 00:00:00 GMT

A UK couple has given the Cyprus property market a vote of confidence by buying their first home there.

Scots Stephen White of Dunbar and Eilidh Mark of North Berwick told the Sunday Mail that rather than look for a small flat in Scotland, they would invest on the island in a place that would grow in value and enable them to make a profit to purchase a home in Scotland in the future....

Cyprus 'beating the crunch'

Mon, 20 Oct 2008 00:00:00 GMT

Cyprus is beating the credit crunch due to a high level of continued interest in the property market there, it has been stated.

The country has been attracting more buyers as an alternative to other markets which are faring badly, Easier Property has stated....

Northern Cyprus boom tipped

Mon, 15 Sep 2008 00:00:00 GMT

Northern Cyprus is tipped to enjoy a boom as the island moves nearer to possible reunification.

Talks between the leaders of the Greek Cypriot south and Turkish Cypriot north commenced this month and according to Blue C developments, progress in this process will run in parallel with a boom in prices on the northern part of the island....

Cypriot unification 'to benefit everybody'

Wed, 10 Sep 2008 00:00:00 GMT

There will be widespread benefits for all - including property investors - if talks to unify Cyprus succeed, it has been stated.

Property editor for overseas investor magazine Buy Association Paul Collins said such an outcome would "only be good for Cyprus"....

Cyprus unification 'in everyone's interests' says expert

Wed, 10 Sep 2008 00:00:00 GMT

A property expert has said it is in everybodys interests - including those of overseas property investors - that the Cyprus unification process succeeds...

Cyprus 'doing well' in credit crunch

Tue, 9 Sep 2008 00:00:00 GMT

Cyprus is not only coping well with the credit crunch but is actually gaining from it, it has been suggested.

Property editor at investor magazine BuyAssociation Paul Collins said the reports he had read indicated that Cyprus has been coping well with the situation, adding that the decisions some people make to move or retire to popular overseas destinations are often "galvanised" by times when the economy is not doing well....

Construction input prices accelerate in early 2008

Tue, 9 Sep 2008 00:00:00 GMT

Input prices for a range of key construction materials accelerated in early 2008, according to figures from the Statistical Service Cystat...

Barclays Wealth launches operations from Cyprus

Tue, 9 Sep 2008 00:00:00 GMT

Barclays Wealth Intermediaries, a division of Barclays Wealth, has launched its new proposition to the Cyprus intermediary and corporate market at...

Stavrakis ready to soften blow in Cyprus from credit crisis

Tue, 9 Sep 2008 00:00:00 GMT

Finance Minister Charilaos Stavrakis said he may introduce new measures if the turmoil in global capital markets continues, but at the same time he...

Cyprus tipped as bargain investment location

Tue, 2 Sep 2008 00:00:00 GMT

Those investing in overseas property may still find good deals in many markets, it has been claimed.

Citywire has stated that traditional overseas markets remain popular, although Cyprus is one of the best bargain locations for European investors....

Cyprus listed as top tip for investors

Thu, 28 Aug 2008 00:00:00 GMT

Cyprus is an outstanding place for overseas property investors to put their money as it is outperforming most other markets, it has been stated.

BuyCellCyprus referred to the Royal Institution of Chartered Surveyors European Housing Review 2008, which described the country as "a rare case of a country shrugging off the gloom" in which price rises seemed to be "accelerating"....

Cyprus 'offering many investment opportunities'

Wed, 27 Aug 2008 00:00:00 GMT

There are many ways investors can fund the purchase of an apartment in Cyprus, it has been suggested.

Most buyers looking to raise equity on their existing property will be able to accrue between 20 and 30 per cent of the figure required for a deposit on such a property, Corsavoo....

Cyprus property 'can be funded in many ways'

Wed, 27 Aug 2008 00:00:00 GMT

There are many ways to fund a property purchase in Cyprus that can bring it within reach of fairly modest budgets, it has been stated...

Celebrity couple invest in Cyprus

Thu, 14 Aug 2008 00:00:00 GMT

Celebrities Peter Andre and Katie Price have just purchased a property in Cyprus, it has been revealed.

According to OK! magazine, the famous couple recently bought an off-plan residence near Larnaca....

Cyprus joins elite list

Wed, 13 Aug 2008 00:00:00 GMT

Cyprus is one of the new countries added to the list of the 'Premier League' of places to invest in by an overseas property website...

Investors pointed towards Cyprus

Wed, 13 Aug 2008 00:00:00 GMT

Cyprus has been flagged up as an ideal market for overseas property investors in the UK.

Homes Overseas described the Mediterranean island as an "elite" location, since it offers strong investment potential....

Cyprus set to attract British visitors

Fri, 8 Aug 2008 00:00:00 GMT

A budget airline has confirmed that it is begin operating a new route between the UK and Cyprus next year.

Monarch will start running its twice-weekly service between Larnaca and Birmingham Airport in March 2009....

Cyprus attracts holiday home buyers

Mon, 4 Aug 2008 00:00:00 GMT

Cyprus is proving to be very popular with holiday home buyers from overseas, according to a media report.

Travel and Tourism News stated that the Mediterranean island is increasingly being seen as a year-round holiday destination....

House prices going up in Cyprus

Thu, 31 Jul 2008 00:00:00 GMT

Cyprus currently offers some of the best growth potential in Europe, a media outlet has revealed.

According to France24, the Mediterranean island was enjoying a property boom prior to its accession to the euro in January 2008....

Cyprus calls for ban on new courses as water runs short

Wed, 30 Jul 2008 00:00:00 GMT

A water shortage in Cyprus has led to a call for a ban on golf courses. Soaring temperatures have already meant water rationing has been introduced, but the property market could be affected...

Briton hails move to Cyprus

Thu, 24 Jul 2008 00:00:00 GMT

A retired Briton has told a newspaper why he has decided to leave the country and relocate to Cyprus.

Speaking to the Financial Times, 68-year-old Andy Leck said the Mediterranean island offers a number of advantages such as year-round sunshine....

Foreign buyers head to Cyprus

Fri, 18 Jul 2008 00:00:00 GMT

Cyprus is proving to be especially popular with foreign property buyers in the UK, it has been revealed.

According to Jet-to-Let magazine, British investors are not letting credit-crunch related problems put them off buying an overseas residence....

Cyprus buyers told to stay south

Wed, 16 Jul 2008 00:00:00 GMT

Those buying overseas property in Cyprus should stick to the south and avoid the north at this time, an expert has advised...

Briton speaks of Cyprus property investment

Tue, 15 Jul 2008 00:00:00 GMT

An overseas property buyer in the UK has told a newspaper of her decision to invest in the Cypriot housing market.

Marion Fivey, who lives in Falkirk in Stirlingshire, recently spent £196,000 on a one-bedroom apartment near Paphos....

Cyprus 'to see further economic growth'

Thu, 10 Jul 2008 00:00:00 GMT

Cyprus has been tipped to experience further economic growth this year, according to a media outlet.

The Financial Mirror reports that the Economic Intelligence Unit (EIU) is expecting its gross domestic product (GDP) to go up by 3....

Cyprus offers lower living costs

Tue, 1 Jul 2008 00:00:00 GMT

An expatriate from the UK has revealed that he has enjoyed a lower cost of living since moving to Cyprus.

Tony Blackwell, a retired electrician from Manchester, relocated to the Mediterranean island six years ago with his wife....

Retirees advised to consider Cyprus

Wed, 18 Jun 2008 00:00:00 GMT

Retired Britons who wish to move abroad have been advised to consider setting up home in Cyprus.

The Mediterranean island was recommended by ShelterOffshore.com on the strength of its financial attractions, such as various tax breaks....

Investor favours Cyprus over Spain

Tue, 17 Jun 2008 00:00:00 GMT

A British property investor has told a newspaper why he chose Cyprus over other Mediterranean markets.

Martin Cooper recently purchased two apartments in Limassol with a view to renting them out to workers and holidaymakers....

Cyprus 'will keep attracting retirees'

Mon, 16 Jun 2008 00:00:00 GMT

Cyprus is likely to remain a popular destination among British retirees, property analysts have stated.

According to ShelterOffshore.com, the Mediterranean island offers the "perfect blend" of sunshine and financial benefits....

Cypriot tourism on 'upward course'

Mon, 9 Jun 2008 00:00:00 GMT

Owners of investment properties in Cyprus could find they enjoy better than expected rental income during the coming winter.

The Association of Cyprus Travel Agents (Acta), Cyprus Tourism Organisation and the Ministry of Tourism have been working together to attract more visitors to the island, reports the Cyprus Mail....

Cyprus property 'is a great investment'

Mon, 2 Jun 2008 00:00:00 GMT

Two holiday home buyers from Scotland have outlined the advantages of owning a property in Cyprus.

According to Ian and Cathy Rutherford, purchasing a house on the Mediterranean island has proved to be a "great investment"....

Cyprus 'offers similarities to UK'

Tue, 27 May 2008 00:00:00 GMT

Foreign property buyers from the UK have been informed that Cyprus offers many similarities with Britain.

According to BuyAssociation, motorists on the Mediterranean island drive on the left, while many people speak fluent English....

Cyprus overtakes established property markets

Mon, 19 May 2008 00:00:00 GMT

Cyprus has been ranked ahead of many established property markets in a poll of the most popular foreign destinations.

According to research by Jet-to-Let magazine, the Mediterranean island is the main hotspot of activity for property buyers from the UK this year....

Cyprus attracts British property buyers

Fri, 25 Apr 2008 00:00:00 GMT

Cyprus is one of the most popular foreign destinations for British property buyers, an expert has revealed.

Property author Nigel Howarth said more than 60,000 UK nationals own property on the Mediterranean island - a figure which can only be beaten by France and Spain....

Cypriot authorities praised for euro transition

Thu, 24 Apr 2008 00:00:00 GMT

Authorities in Cyprus have been praised for their handling of the recent change in currency.

The European commission (EC) commended the island for ensuring the transition to the euro went smoothly and efficiently....

Euro entry attracts investors to Cyprus

Tue, 22 Apr 2008 00:00:00 GMT

Cyprus has become more popular with foreign property buyers as a result of its recent currency changeover, analysts have stated.

The Mediterranean island became a member of the single European currency on January 1st 2008....

Britons dominate Cyprus tourism

Mon, 21 Apr 2008 00:00:00 GMT

Official figures have revealed that Cyprus was a highly popular destination for British holidaymakers last month.

According to data published by the Financial Mirror, more than 108,000 people visited the Mediterranean island in March....

Cyprus weathers economic storm

Fri, 18 Apr 2008 00:00:00 GMT

Cyprus does not seem to have been negatively affected by the worldwide financial crisis, a newspaper has stated.

According to the Independent, house prices in the Mediterranean island went up by 20 per cent last year....

Cyprus tourism trade tempts rental investors

Fri, 4 Apr 2008 00:00:00 GMT

Property investors are increasingly choosing to snap up houses in popular Cypriot holiday resorts.

According to the Galway Advertiser, the Mediterranean island is attracting about 2.5 million foreign visitors every year....

Manchester consumers offered more cheap flights

Tue, 1 Apr 2008 00:00:00 GMT

People in north-west England will soon be able to enjoy more cheap flights to Spain and Cyprus.

Services to Paphos and Malaga are being introduced by easyJet as part of its expansion in Manchester Airport....

Cyprus tourism set to grow

Tue, 25 Mar 2008 00:00:00 GMT

Owners of rental accommodation in Cyprus could be set to see greater demand in the next 12 months.

The Cyprus Tourism Organisation is stepping up efforts to market the Mediterranean island overseas with a new advertising campaign....

Expats save money in Cyprus

Wed, 19 Mar 2008 00:00:00 GMT

Many expatriates are enjoying financial benefits as a result of moving to Cyprus, a media report has revealed.

According to Gulf Weekly, the Mediterranean island offers a number of perks to foreign nationals who live there permanently....

Russian investors favour Cyprus

Wed, 5 Mar 2008 00:00:00 GMT

A growing number of property investors from Russia are choosing to buy homes in Cyprus, experts have revealed.

The Royal Institute of Chartered Surveyors (Rics) stated that interest among second home buyers from abroad was encouraging growth in the country's housing market....

Cyprus Tourism Trade Boosts Investment Prospects

Tue, 12 Feb 2008 00:00:00 GMT

Demand for rental accommodation in Cyprus is still high among tourists, recent comments have suggested.

Thomas Cook said the country was still an attractive option for many British holidaymakers, as it is "as popular as ever"....

Cyprus 'will be on the global tourism map'

Thu, 7 Feb 2008 00:00:00 GMT

Owners of rental accommodation in Cyprus will be likely to welcome the government's latest comments on boosting the tourist sector.

Cypriot president Tassos Papadopoulos said he wanted to increase efforts to promote the country as a holiday destination abroad, the Financial Mirror reports....