NICOSIA, Cyprus (AP) — Praised by the ancient Greek giants Homer and Euripides for its superb quality nearly 3,000 years ago, Cyprus’ Commandaria is the world’s oldest recorded and named wine. Despite …
Cyprus property market on brink of “golden” era?
The Cyprus property market remains resilient and poised for a “golden era,” according to industry experts at a recent conference in Nicosia.
Cyprus steps up financial literacy efforts during Global Money Week
The Cyprus Financial Literacy and Education Committee (CyFLEC) on Thursday announced that it is intensifying its efforts to promote financial literacy among young people and the broader society as …
Larnaca and Limassol fuel 7 per cent rise in Cyprus property sales in February
Cyprus’ real estate market continued its robust growth into February, with property sales increasing by 7 per cent year-on-year. Developments in Limassol and Larnaca were the primary driver behind …
Housing Finance Corporation to sell €57m in non-performing loans
The Cyprus Housing Finance Corporation (HFC) is set to proceed with the sale of non-performing loans (NPLs) worth €57 million from its total portfolio of €270 million, according to statements made …
Is Cyprus a Good Place to Retire? Real Estate & Cost of Living
Cyprus has long been a popular destination for retirees seeking a warm climate, affordable living, and a relaxed Mediterranean lifestyle. The island’s appeal extends beyond its natural beauty—low …
Cyprus non-performing loans stable at €1.61 billion in November
Non-performing loans (NPLs) in the Cyprus banking system remained stable in November 2024, standing at €1.61 billion, according to data released by the Central Bank of Cyprus (CBC) on Thursday.The …
Finance Minister backs revival of cooperative banking in Cyprus
Finance Minister Makis Keravnos on Wednesday expressed his full support for the re-establishment of the cooperative banking sector in Cyprus on a stable and sustainable basis. During a meeting with …
The 10 most expensive property sales in January
The 10 most expensive property sales in Cyprus had a total value of €12.1 million, with the highest-priced sale in Mouttagiaka, Limassol.
Residential sales drive Cyprus’ high-end property market in January
The Cypriot real estate market saw significant activity in January 2025, with the 50 largest property transactions amounting to €30.1 million, according to real estate analytics firm Ask Wire. The …