How high are realtors´ and lawyers´ fees in Cyprus? What about other property purchase costs? This article is a brief summary of the real estate purchase process and costs in Cyprus. How difficult is …
Over 70 per cent of housing scheme applications eligible for loans
the Ministry of Finance stated that the Housing Financing Corporation (HFC) should evaluate the applications and send them for approval to the Treasury of the Republic of Cyprus by June 30, 2023. It …
UN official says world body committed to Cyprus peace deal
The United Nations remains committed to helping rival Greek Cypriots and Turkish Cypriots reach an agreement remedying the island nation’s ethnic cleave that has been the source of instability in the …
Man who bought home on ‘UK’s most dangerous street’ for £5,000 says it’s now worth £1m
After moving to the UK from Cyprus, Hasan Rezvan, 75, wanted to buy a house on Coldharbour Lane near Brixton for £7,000. But then the bank said he could only afford £5,000, he settled on a four-bed …
Russians top list of foreign property buyers
Russians were the largest group of foreign real estate buyers in Cyprus during the first two months of 2023 followed by Brits and Israelis.
Fitch ratings upgrades Cyprus’s long-term credit ratings
Fitch Ratings has upgraded Cyprus’ long term foreign-currency issuer default rating by one notch to “BBB” from “BBB-,” according to a statement published by Fitch on Saturday. The statement said the …
Average score for financial literacy in Cyprus below OECD minimum
There is a correlation between financial literacy and financial stability, according to experts taking part at the International Conference on Financial Literacy and Education in Cyprus organised by …
Russians biggest property buyers so far this year
Russians were by far the largest group of foreign real estate buyers in Cyprus during the first two months of 2023, according to data from the department of lands and surveys, data shows. Buyers from …
Is Cyprus A Good Country To Move To?
Venus, the Goddess of Love… Later immortalized in the painting by Botticelli… “Love” has been part of the lexicon of Cyprus since ancient times… The Mediterranean island has been fought over by men …
Cyprus Ports Authority budget to generate a surplus in 2023
The Cyprus Ports Authority this week told the House Finance Committee that its budget for 2023 will generate a slight surplus, while also referring to the upgraded role it has now assumed, following …