telCall on 00357 99115897 8AM to 6PM
Property in Cyprus 
недвижимость на кипре
CN

Cyprus Property News

My Cyprus Resales

Cyprus property news.

We give sharp, insightful comments on issues affecting the Cypriot property market. No nonsense reflection of current events and market trends as well as news on property tax and general legalization changes in Cyprus.

Cyprus lifestyle news.

With everything from the status of road work in Paphos to the opening of new shops and general economic news – you will find Cyprus lifestyle news a good read.

Our twitter page.

When it comes to social media we really do prefer twitter. We try to make our tweets not just a list of what we have for sale, but more a reflection of Cyprus life with a fun and sometimes ironic twist. FOLLOW US NOW!

Keep up to DateRegister Today

Cyprus Property News

Cyprus offers top international property prospect

Date: 27/07/09

Cyprus offers one of the best international property prospects around, a member of the country’s government has remarked.



Interior minister Neoclis Sylikiotis was quoted by the Financial Mirror saying: "property investment is much safer in Cyprus than anywhere else”.

He added that although the island’s neighbours are struggling and the world economy is in recession, "the estate market in Cyprus is quite healthy and still in positive growth rate.”

Mr Sylikiotis made his comments in response to what he perceived was unduly negative coverage of issues of regulation in the property industry.

He stated that the market is "stable and secure" now, while noting that new legislation is in progress to tighten up rules on planning and registration further.

Last month, the Cypriot state statistical service produced a report suggesting the country stood out above all other European Union nations as a property investment destination.

It based this claim on the fact that Cyprus is the only one of the 27 members not to be in recession, with growth of 1.2 per cent in the 12 months to the end of the first quarter of 2009.

<< Back to News
 
 
Get in touch Close

Innovative mobile solutions for your Smartphone

phones
Innovative mobile solutions for your Smartphone

iPhone / Ipad
Simply tap the + icon at the bottom of your screen then 'Add to Home Screen'

Android
Install the app by clicking here. You will then be able to access the application from your application screen.
Get in touch Close
7, Tombs Of the Kings Ave,
Paphos, Cyprus

+357 99115897

info@cyprusresaleproperties.com