10 simple ways to help your Cyprus based home sell more quickly

Audit the agent’s online marketing. Many people think it’s a good idea to set a high price in the beginning and then to lower it if they don’t manage to sell it. However, this might lead to a de [...]

TIPS & ADVICE
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BY Elena Economou
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Jun 23 2017

Cyprus issues €850-million bond

Cyprus issued on Tuesday a 7-year EMTN bond amounting to 850 million euros, according to a lead managers press release. The coupon was set to 2.7% and the yield to 2.8%, the release added. Total bid [...]

FINANCE
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BY Elena Economou
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Jun 22 2017

Job vacancy rate rises to 1.2%

The job vacancy rate in Cyprus was 1.2% in the first quarter of 2017, up from 0.6% recorded in the previous quarter and 1.0% in the same quarter of 2016, according to figures published by Eurostat, th [...]

MARKET TRENDS
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BY Elena Economou
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Jun 21 2017

Larnaca port and marina enters next phase

The tender is for the development of the Larnaca marina, port, and the land surrounding the port and marina. The goal of the Transport Ministry is to create a mixed-use development which will combine [...]

MARKET TRENDS
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BY Elena Economou
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Jun 20 2017

The CEB stands ready to financially support a solution of the Cyprus problem

Governor of the Council of Europe Development Bank (CEB) Rolf Wenzel said that there’s a clear consensus by international financial institutions that the benefits of a solution in the Cyprus problem [...]

FINANCE
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BY Elena Economou
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Jun 19 2017

ESM: Three conditions for return to markets

Cyprus’ complete and successful return to the financial markets hinges upon the authorities’ determination to maintain prudent fiscal policy, bank restructuring and structural reforms, the Europea [...]

MARKET TRENDS
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BY Elena Economou
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Jun 16 2017

President calls Lebanon to invest

Cyprus President Nicos Anastasiades has invited businesspeople in Lebanon to explore ways to invest in Cyprus and take advantage of the wealth of opportunities available in all sectors of the economy. [...]

MARKET TRENDS
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BY Elena Economou
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Jun 15 2017

Golden Visa Program raises €4 billion

The Cyprus Golden Visa Program, which enables non-EU citizens to purchase Cypriot passports and residency permits by investing money in property and other sectors, has raised €4 billion. THE GOLDEN [...]

MARKET TRENDS
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BY Elena Economou
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Jun 14 2017

Property prices rising says Central Bank

THE CYPRUS Central Bank reports that property prices recorded a small quarterly increase of 0.3 percent in the fourth quarter of 2016 in the latest edition of its Residential Property Price Index (RPP [...]

MARKET TRENDS
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BY Elena Economou
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Jun 13 2017

Russian and Arab investors developing land

Russian and Arab investors are buying and developing land in Cyprus with Limassol being their first option according to Marinos Kynegirou, the Chairman of the Cyprus Real Estate Agents Association. [...]

MARKET TRENDS
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BY Elena Economou
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Jun 12 2017