CYPRUS PROPERTY INVESTORS EXPECTED TO GAIN FROM SUSTAINABLE TOURISM INITIATIVES

CYPRUS PROPERTY INVESTORS EXPECTED TO GAIN FROM SUSTAINABLE TOURISM INITIATIVES

Cyprus has been involved in a pilot project entitled ‘Greener Beaches’ to cement the country’s reputation as a destination of sustainable tourism excellence. The trial project has been implemented at two of Cyprus’ preferred beaches in the Famagusta district: Nissi Beach in Ayia Napa and Fig Tree Bay in Protaras. The goal of the project […]

SOLID LEVELS OF INVESTMENT IN CYPRIOT PROPERTY MARKET

SOLID LEVELS OF INVESTMENT IN CYPRIOT PROPERTY MARKET

Efforts to open up the property market in Cyprus to new overseas markets have had success with increases in property purchases by foreign nationals. According to government figures, over 400 contracts of sale were deposited and the number of properties purchased by overseas buyers has increased by more than two thirds. Total sales of property […]

CYPRUS A FIRM FAVOURITE WITH INTERNATIONAL INVESTORS

CYPRUS A FIRM FAVOURITE WITH INTERNATIONAL INVESTORS

Cyprus is firmly back in the spotlight for international property investors according to recent figures published by overseas property portal themovechannel.com. The recent Top of the Props Chart confirmed Cyprus’ popularity as an investment destination by ranking it in sixth place for the total number of enquiries made on the site during the month. Turkey […]

2013 TO BE A POSITIVE YEAR FOR TOURISM IN CYPRUS

2013 TO BE A POSITIVE YEAR FOR TOURISM IN CYPRUS

Next year will prove to be another excellent year for tourism in Cyprus, according to the Cyprus Tourism Organisation (CTO). CTO Vice President George Mindis made the announcement at a conference arranged by the European Economic and Social Committee. Mindis stated that the tourism sector is vital to the future of Cyprus as it supports the […]

CYPRUS INTRODUCES FAST TRACK VISAS FOR PROPERTY INVESTORS

Cyprus has introduced a fast track procedure allowing individuals to acquire a permanent residence permit on an accelerated basis. The open invitation for a permanent residency visa means that third country nationals who purchase immovable property in Cyprus for €300,000 or more as their own residence and who can demonstrate an adequate secure income from […]