CYPRUS TOURISM FUTURE IS POSITIVE

CYPRUS TOURISM FUTURE IS POSITIVE

Cyprus’ tourism industry is looking positive for 2014 and is expected to boost the country’s GDP as a result. At the recent opening of the 38th Cyprus International State Fair, Cyprus’ Minister of Energy, Commerce, Industry and Tourism Giorgos Lakkotrypis declared the country’s outlook to be positive for 2014. He commented: “Prospects for 2014 and […]

TWO BEDROOM PROPERTIES IN CYPRUS

Cyprus is not only a beautiful holiday destination but also a solid property investment for those looking for a holiday home or a rental property. As tourism figures and passenger traffic through Cyprus’ airports continues to rise, a Cypriot property can expect to see great rental returns. Owners can also enjoy residency permits combining the […]

CYPRUS STILL A TOURISM FAVOURITE FOR WINTER SUN

CYPRUS STILL A TOURISM FAVOURITE FOR WINTER SUN

Cyprus is still considered a great destination for tourists to choose when seeking winter sun, according to Breaking Travel News. Holiday website loveholidays.com has recommended Cyprus due to its affordable prices, high temperatures and consistently sunny weather making it popular with many tourists including British visitors. Al Francis, CEO of loveholidays.com commented: “Cyprus has always […]

CYPRUS MINISTER APPLAUDS LIMASSOL MARINA PROGRESS

CYPRUS MINISTER APPLAUDS LIMASSOL MARINA PROGRESS

The new Limassol Marina has attracted attention and praise from government officials including Cyprus’ Minister of Energy, Commerce, Industry and Tourism Yiorgos Lakkotrypis. The success of the marina has excited Cyprus’ tourism industry as the area is expected to attract hundreds of visitors from around the globe. Mr Lakkotrypis and his Steering Committee for Marinas […]

LUXURY PROPERTY IN CYPRUS

LUXURY PROPERTY IN CYPRUS

Luxury properties are having their moment in the spotlight as interest in the property market shifts. Here at Rivermead Global we have seen more and more developments offering high-end finishes and luxury design as the demand increases. Cyprus is the latest country to offer beautifully finished villas and apartments in a luxury setting with stunning […]

NEW FLIGHT PATH TO CYPRUS IMPROVES LINKS WITH UK

NEW FLIGHT PATH TO CYPRUS IMPROVES LINKS WITH UK

Cyprus’ Larnaca Airport is the latest addition to the EasyJet list of destinations following the agreement of a nine-year deal with Liverpool John Lennon Airport. The new agreement aims to expand the Liverpool based company and will see new flight paths to Larnaca from the beginning of November, which coincides with the winter sun season. […]

CYPRUS PASSENGER TRAFFIC GOING IN THE RIGHT DIRECTION

Cyprus has seen a notable increase in incoming passenger traffic through the country’s two international airports. There has been a 5.5 percent rise compared to the same period in 2011, according to an official statement from Hermes Airports. A recent press release stated “This improvement in traffic is due mainly to the Easter holidays, the […]

PROPERTY INVESTORS BOUYANT AS ASIAN TOURIST MARKET OPENS UP TO CYPRUS

The Cyprus Tourism Organisation (CTO) has announced that the first tourist arrivals from Hong Kong are expected to travel to Cyprus in 2014, according to the Famagusta Gazette. The Chairman of the Board of Directors at the CTO, Alecos Orountiotis, recently met with a number of tour operators from Hong Kong to discuss possible airline […]

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 […]

CYPRUS TOURISM ORGANISATION DEDICATED TO GROWTH

CYPRUS TOURISM ORGANISATION DEDICATED TO GROWTH

Alecos Orountiotis, President of the Cyprus Tourism Organisation (CTO), has revealed how Cyprus continues to be an attractive tourist destination. This declaration was made whilst Orountiotis addressed the Parliamentary Committee on Financial and Budgetary Affairs. Following a Eurogroup decision, the CTO has been in touch with tour operators abroad to promote Cyprus as an appealing […]

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 […]

MORE DIRECT FLIGHTS TO CYPRUS IN 2013

MORE DIRECT FLIGHTS TO CYPRUS IN 2013

Cyprus is expecting an increase in tourist arrivals in 2013 due to the increased availability of direct flights to the island. The Cypriot government has also made efforts to diversify the tourism offering available in Cyprus. Tourism Minister Efthymios Flourenzou stated that solid bookings have already been made for 2013 by British tourists and the […]

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 […]

CYPRUS TOURIST ARRIVALS STILL ON THE INCREASE

Cyprus is still seeing an increase in tourist arrivals into the country and revenues from tourism, according to Cyprus’ Tourism Organisation (CTO) President Alekos Orountiotis. Orountiotis stated that the total tourist arrivals in Cyprus for 2012 saw an increase between 3.5 percent and 4 percent when compared with those from 2011. Also correlated with this […]