Cyprus property news

Paphos has become the new cosmopolitan region in Cyprus

The beautiful and picturesque Paphos has become the new cosmopolitan region in Cyprus and once again becoming the attraction for the majority of European and Non-European buyers and entrepreneurs. The historic town of Paphos and the entire natural province is the safest and most secure area on the island for the whole family. Paphos is…

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Tourism in Cyprus breaks all records

Cyprus tourism in 2018 is the highest on record

12 months Figures taken from December 2017 to November 2018 in relation to arrivals were close to 4 million. The Cyprus Tourism Organisation stated, “This is the best 12 month history of Cyprus tourism”. Although the UK remains the main source of tourism for Cyprus, many other European and Asian Countries are on the increase….

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Property for sale. Myrtus Residences, Geroskipou, Paphos Cyprus

Cyprus property Sales Increase 21% in the month of July

The number of property sales contracts deposited at Land Registry offices across the Republic of Cyprus during July 2018 rose 21% compared to July 2017 according to official figures published by the Department of Lands and Surveys. This follows increases of 2% in June, 23% in May and 29% in April. During July a total…

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Cyprus property market update

Total Value of Building Permits Reach €162.8M

The Statistical Service has announced that the number of building permits authorized by the municipal authorities and the district administration offices during March 2018 stood at 531. The total value of these permits reached €162.8 million and the total area 146.1 thousand square metres. These building permits provide for the construction of 467 dwelling units….

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