An influx of British, Russian and Israeli tourists ensured Cyprus achieved its best-ever figures for arrivals in August with a record 553,600 visitors, official data indicated on Tuesday.

The Mediterranean island has beaten all previous August records this year with tourist arrivals reaching 553,626 from 534,847 in 2018, a 3.6 per cent annual increase, the state statistical service said...
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The number of British citizens with dual EU nationality increased by 159 percent in the year after the referendum, many have already realized how to escape a fate they did not choose.

More and more Britons who live in Cyprus (most of them pensioners) are looking to obtain a Cypriot passport as a result of Brexit.

According to a report from a Greek newspaper, “NEA”...
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The number of Cyprus property sales during July was the same as the number sold in July 2018, with sales falling in all districts with the exception of Larnaka according to statistics from the Department of Lands & Surveys.

JULY saw the same number of property sales in Cyprus as during the corresponding month last year, with the number of sales contracts deposited at Land Registry offices totaling 896 ac...
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Cyprus is changing, and it will change even more in the next few years with new high rises and multi-storey buildings sprouting up, mainly along the island’s coastal front in Limassol, Larnaka and Paphos.

The citizenship-by-investment scheme and other incentives approved in recent years have made Cyprus an attractive destination to attract both businesses and investors.

Welcome to the Third Edition of the Buy Home Magazine. It has been mostly good news for Cyprus’ economy this year, with growth returning across all sectors of the economy. Construction and Real Estate market delivers record levels of performance. The island nation’s economy is on track to grow by 3.5 percent in 2019, double the European Union average.

The good news is that Cyprus government has signed $9.4 billion a...
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We are delighted to present you the 5th edition of the PwC Cyprus Real Estate Market publication. The publication provides information about the Cyprus economy in general and a snapshot of key real estate market developments, focusing on the performance of the sector during 2018.

You can download the full report by clicking the button below.

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Cyprus has struck a production-sharing deal for the Aphrodite gas reservoir worth over $9 billion over 18 years between the government and the Noble Energy, Delek and Shell joint venture (JV).

Based on published reports, the agreed profit split is now about 57 per cent to Cyprus and 43 per cent to the JV. So the total profit would be $16.7billion. The development cost, including operations and maintenance, is report...
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