Real Estate News

This year people in Cyprus started getting ready for Christmas quite early.

"Sberbank Capital" bought 25.64% of GeoProMining Investment company registered in Cyprus

The number of tourists in Cyprus increased. According to data published by Statistical service of Cyprus for the last month, the number of the tourists who have visited the country, increased by 5,7%. Cypriots increased number of departures abroad by 11,4%.

Today is the opening day of the Wine Festival of Cyprus which is held in Limassol.

According to the Central Bank of Cyprus, apartment prices in Cyprus on average fell by 2.1% and house prices by 1.8%.

Buying a property in Troodos Mountains in Cyprus could not only be a perfect winter place where the whole family would gather together during the Christmas season but also it can be a great alternative to escape from the heat during summer.

Property sales in Cyprus have been growing for six consecutive months!

At the moment, the CIS citizens have been showing an increased interest toward the Western European real estate market.

The first international golf championship among juniors will take place on 21 September in Paphos. The Cypriot team will play against the Greek one. The Greek team consists of eight players — six young boys and two girls.

Denmark’s new Ambassador, Mette Knudsen has said that Cyprus` economic recovery is making a lot of progress lately by moving ahead of the planned schedule, and that has been recognized by the partners of Cyprus.

“Renova Group” became the second largest shareholder of the Bank of Cyprus

The number of Russian tourists in Cyprus this year has increased in comparison to the previous year - according to the data of Association of Tour Operators of Russia.