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Cyprus Property Prices Increasing Due To Higher Demand For Apartments

In the third quarter of 2021, the Cyprus Residential Real Estate Price Index (for houses and apartments) increased again. According to the latest data of the Cyprus Central Bank, which were published on Friday, January 21, the growth was 0.5% compared to 0.3% in the second quarter of 2021. At the same time, on an…
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Trapped Buyers can possibly get their title deeds under new law

Amendment of Streets and Buildings Regulation Law Chapter 96 and Immovable Property (Tenure, Registration, and Valuation) Chapter 224. On 14/4/21, two significant amending laws of the Immovable Property (Tenure, Registration, and Valuation) Chapter 224 of the Laws (Law Ν. 54(Ι)/2021), and of Streets and Buildings Regulation Law Chapter 96 of the Laws (Law Ν. 53(Ι)/2021),…
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Brexit: Its effects on residency rights, travel and relocation of UK Nationals to Cyprus

Posted on February 02, 2021 by Esme Palas As we all know Brexit is now a fact. It has left UK Nationals who have established their life in Cyprus feeling unsure and concerned as to how it will affect their right to live work and study in Cyprus. Fortunately, the EU has reached an agreement with…
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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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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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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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