The Cyprus Property Developers Association has called on banks to revise their lending policies, stressing the need for alignment with European standards. The issue was raised during a meeting earlier …
Cyprus Business Now: Hellenic Bank, natural gas, Salamis Tours, property prices
Exploration activities in three offshore blocks inside Cyprus’ exclusive economic zone (EEZ) have come to an end after the licenses expired without renewal, the government said on Tuesday. Licenses to …
Retail sales in Cyprus up 5.8 per cent in December
The retail trade turnover index in Cyprus increased by 5.8 per cent in December 2024 compared to the same month in the previous year, according to data released by the Cyprus Statistical Service …
Cyprus property sales get off to a flying start
The Cyprus property market has got off to a flying start in 2025, as the number of property sales contracts deposited at Land Registry offices …
Cyprus apartment prices and rents rise from year before
Both apartment prices and rental costs in Cyprus increased during the fourth quarter of 2024, rising by 1.3 per cent and 1.5 per cent year-on-year, respectively, according to real estate analytics …
I sold my three-bed semi in the UK for £485k and built my dream home in Cyprus
As the seller wanted the money straight away, he agreed that if Marietta bought one plot for €85,000 (£70,500), she could have the other plot for €5,000 (£4,150). She then sold her Edwardian, …
How Cyprus and Greece stack up on interest rates
Interest rates on deposits and loans in Cyprus and Greece vary significantly, with Cypriot banks generally offering lower deposit rates than their Greek counterparts, while loan rates in both …
Cyprus property market experiences varied trends
Overall, the Cyprus property market is stabilizing, with opportunities emerging in segments driven by both tourism and sustained local demand.
Expat in Cyprus shares his experience of moving abroad – ‘you feel relaxed and welcome here’
Cyprus is one of the most popular expat destinations with several people moving there when retiring. But knowing what area of the country to move to can be a difficult decision as the country is home …
Cyprus economic sentiment deteriorates in January
Economic sentiment in Cyprus experienced a slight downturn in January 2025, with the Economic Sentiment Indicator (ESI-CypERC) decreasing by 0.6 points compared to December 2024. According to the …