Property markets in the UK and much of Europe are stagnant or in decline right now, but not so in Cyprus. Recent data show that both prices and rental values on Aphrodite’s Isle were on the up in the first half of the year, with the number of homes being sold rising too.
A groundbreaking resort featuring Europe’s largest casino and a host of other world-class facilities has just opened in Limassol. Akin to something you might find in Dubai or Vegas, this stunning development will add to the experience of local homeowners and help boost both Cyprus’s economy and international profile as a premium, year-round destination. We take a closer look…
On Thursday 29th July the plenary session of the Cyprus Parliament passed a law allowing for a 5% reduction in the VAT rate on the first 130 square metres of homes in Cyprus.
In the same week as World Ocean Day (June 8th), the latest Blue Flag awards confirm that Cyprus punches well above its weight as a global destination for quality beaches. Let’s take a closer look at how this small, precious land mass in the Med scores so highly with the world’s marine experts!