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HOW BREXIT IS AFFECTING PURCHASING A PROPERTY IN CYPRUS - PART 3

IN THE THIRD PART OF OUR FOUR (4) PART SERIES WE ARE EXPLORING HOW A Deal or no deal will affect THE REAL ESTATE MARKET. Brexit: How Deal Or No Deal Affects Purchasing Properties In Cyprus Even if the Brexit talks end in deal or no deal, the British will be added to the "third-country nationals" mentioned above. This simply means that British nationals do not have to wo...

HOW BREXIT IS AFFECTING PURCHASING A PROPERTY IN CYPRUS - PART 4

IN THE fourth and final PART OF OUR SERIES WE ARE EXPLORING HOW BREXIT is currently affecting property prices. How Brexit Is Currently Affecting Purchasing Properties In Cyprus While the Brexit will not happen until the end of 2020, the real estate market in Cyprus has experienced a slight increase in the number of buyers as most British nationals are skeptical about th...

Full traffic-cam system by 2022, mobile units online next year, minister says

Cyprus will have mobile traffic cameras in place by next year and a full system up and running by 2022, Transport Minister Vassiliki Anastasiadou said on Sunday. The issue has been going on since 2006. Anastasiadou said the bidding process for the €35m system would last three months, which will be followed by an evaluation and the awarding of the contract, and “it ...

Festivals in Cyprus

In this article we will list the most famous Religious and cultural festivals all year round that take place in cyprus. Religious Festivals Limassol carnival Carnival is celebrated in every town, but Limassol tends to be the focus of the celebrations which occur in late February or early March depending on the date of Greek Orthodox Easter. Ten days of celebrations inclu...

Nationality of buyers in Cyprus

Cyprus is a lenient country when it comes to real estate laws forbidding non-nationals from purchasing properties within a province. The country’s leniency has attracted dozens and hundreds of international buyers from different facets of the world. This sudden rush to purchase landed properties in Cyprus comes as no surprise, as the country’s “Golden Citizens...

Five Reasons to Live in Cyprus

ATTRACTIONS FOR OVERSEAS BUYERS RANGE FROM FISCAL BREAKS TO A RICH HISTORICAL BACKDROP The Republic of Cyprus gained independence from the UK in 1960 and, following invasion by Turkey in 1974, was divided between the Turkish north and Greek Cypriot south. The latter is run by the internationally recognised government of Cyprus, and today more than a fifth of its residents come...

How Much Do You Need to Live Comfortably in Cyprus

Cyprus, the country of ‘siga siga’ (loosely translated from the native tongue in Cyprus to ‘slowly slowly’ in English). This epitomizes the slow-paced zeitgeist of the people of Cyprus, this makes Cyprus a superb location for expatriates from all over the world. This stunning country is predominantly Mediterranean with its citizens accustomed to a gentle...

Where do Most Expats live in Cyprus?

Cyprus can be found at the crossroads of the Middle East, Africa, Asia, and Europe. Though it is a member of the European Union, it is a merge of various cultures. Several Mediterranean sea waters surround it. Cyprus has been on essential trade routes for ages now. Over the past six thousand years, various empires have occupied Cyprus from one time to the next. Out of all thes...

Is it safe to buy a property in Cyprus?

Cyprus is a beautiful, attractive island that is ideally placed between three main continents: Europe, Asia, and Africa. Cyprus is a popular tourist destination. As a result of the mild environment and roughly 320 days of sunshine each year, it has long been a particularly popular tourist site among visitors. With its competitive tax system, the island is also an excellent loc...

Cyprus Real Estate: Why Prices Are Not Coming Down Any<me Soon

Cyprus has been a-rac/ng foreigners for tourism, real estate, and business purposes for the past 30 years. This has brought in signiﬁcant amounts of money into the economy, transferred exper/se to locals, and boosted businesses with more aﬄuent clients. However, since the Russia-Ukraine war broke out in early 2022, over 20,000 Ukrainians, Belarussians, and Russians have reloca...

Navigating Rising Costs in Cyprus

A Tailored Guide for Retirees on Managing Property Investments Amidst Rising Interest Rates and Construction Costs For retirees, particularly those from the UK, the Cyprus property market presents both opportunities and challenges. With interest rates and construction costs on the rise, a tailored strategy is essential. This enhanced guide aims to delve deeper into specific st...