Located in the Southeastern Mediterranean with its sun-soaked coastline and historic cities, the island nation of Cyprus has been enticing foreigners from all around the world for living for decades.
According to statistics, one-fifth of Cyprus population are foreigners. For people who want to invest and live in Cyprus, one of the questions that arise is the cost of living. As you know, the population of foreigners ... Read more
The mild winter temperatures are perfect for enjoying the self-guided cultural walk around Larnaca city, but if you are unable to participate on foot, you can still enjoy discovering all the sights at home via the new ‘Larnaka Cultural Walk Virtual 360°’ project.
The innovative virtual tour beautifully showcases 30 of Larnaca city’s most popular and significant landmarks and places of interest; split into three cate... Read more
Annual house prices in the first quarter of 2021 fell 5.8% in Cyprus, while across the European Union, they rose by an average of 6.1%.
In the first three months, house prices, as measured by the House Price Index, increased by 5.8% in the euro area, 6.1% in the EU but decreased by 5.8% in Cyprus compared to the same quarter of the previous year, according to Eurostat.
Cyprus has long been a popular holiday destination. Many of us have relied on this fact for our financial stability, making money off tourism and foreign investment. Because of the island’s centrality, people from Europe, Africa, and the Middle East are regular visitors. This is why the property market is so dependent on borders being open.
Unfortunately, over the past year we have seen how easily the economy can be... Read more