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Strong demand for rental properties in Cyprus

As property sales slow in Cyprus’ residential sector, buy-for-rent is breathing new life into the real estate market as it is now proving very attractive for investors. Danos’ CYPRUS PROPERTY MARKET 2019 report shows the increased interest of investors in properties that can be rented out. According to the latest data for the Land Registry,…
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Law allows Brits to live in Cyprus in case of no deal Brexit

The plenum on Friday unanimously passed legislation regulating the right of UK nationals and their families to move and reside freely in the Republic of Cyprus in the event of a no-deal Brexit. The law establishes the legislative framework for the safeguarding of the right of UK nationals, including citizens of Northern Ireland, to remain…
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Cyprus-Greece ferry link by next summer

A ferry link between mainland Greece and Cyprus is expected to be operational by next summer while the government is mulling over similar agreements with other neighbouring countries, MPs heard on Tuesday. According to deputy minister for shipping, Natasa Pilides, who was at the House energy, trade, industry and tourism committee, the feasibility study for…
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65 Cypriot beaches awarded with 2019 Blue Flag status

A total of 65 beaches in Cyprus, as well as the Limassol Marina have received the prestigious Blue Flag award for 2019, reflecting their excellence in environmental education, management, water quality, safety and services. The number of sites in Cyprus receiving the award is up by three compared to last year’s 63. The Blue Flag is a…
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Rents in Cyprus take off

Rents in privileged areas of cities have risen by as much as 70% over the past five years, according to a study carried out by a private company on behalf of the government. In Paphos, the increase in rent for apartments and houses reached 68%, in Limassol it was 57.5% and 45% in the capital…
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Rise in rents outpaces increase in salaries

Rent are up, but salaries have not kept pace according to a new study by KPMG Cyprus. It shows that rents at the end of 2018 were up an annual 16.7% while salaries rose by only 2.7%. As regards the fourth quarter of 2018, house prices rose by 2.4% and apartment prices by 4.5% on…
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Cyprus 5th Safest Country

Cyprus is now one of the safest countries in the world. That’s according to a Value Penguin that analyzed 107 different nations. The island country – located in Eastern Mediterranean – posed an outstanding challenge to well-known heavyweights in global safety indices, outdoing countries such as Denmark and Germany. Cyprus came fifth behind Switzerland, Singapore,…
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Cyprus in top 20 of healthiest countries

Cyprus has been ranked 18 out of 163 countries on the Bloomberg Global Health Index , published on Monday. The island, which scored 89.17 out of 100, and Singapore with 94.11 in position 4, were the only two non-OECD countries to make it into the top 20, according to Bloomberg. But when it comes to living a…
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Ayia Napa Marina

Rising out of the turquoise waters of the Mediterranean, Ayia Napa Marina blends strategic location with striking architecture to capture the true essence of stylish beachfront living, surrounded by the wealth of natural beauty, cultural heritage and welcoming hospitality that Cyprus is renowned for. This exclusive integrated development offers luxurious residences, world-class yachting facilities, a…
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