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 …
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 …
Changes to non-EU citizens acquiring property through companies
The restrictions on non-EU citizens buying property in Cyprus date back to the Acquisition of Immovable Property (Aliens) Law, Chapter 109.
Cyprus sees €977.4 million surge in deposits
Cyprus saw a substantial increase in loans in December 2024, with a rise of €503.2 million following a decrease the previous month, according to the Central Bank of Cyprus (CBC). At the same time, …
Cyprus sees €977.4 million surge in deposits
Cyprus saw a substantial increase in loans in December 2024, with a rise of €503.2 million following a decrease the previous month, according to the Central Bank of Cyprus (CBC). At the same time, …
Finance Minister highlights Cyprus’ economic growth in Athens event
Cyprus’ strong economic performance, including the registration of 2,300 new companies and the relocation of 12,000 employees, was emphasised by Finance Minister Makis Keravnos at an event in Athens, …