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Troika highlights concerns over Cyprus economic growth

Although Cyprus' economy is experiencing strong growth, the Troika of international lenders have identified key concerns during their 18th post-memorandum audit. The Troika's primary focus...

Moody’s credit rating for Cyprus upgraded to A3

Moody's has upgraded Cyprus’ credit rating by two notches, from Baa2 to A3, a move hailed as a gateway to increased foreign investment and...

Cyprus plans tax incentives for landlords

Cyprus has unveiled two bills aimed at offering incentives for landlords who offer affordable housing by providing substantial tax benefits through the Interior Ministry's...

Rental yields more than double bank deposit rates

Rental property investments in Cyprus are yielding significantly higher returns than bank deposits. Rental yields range between 4% and 6%, in stark contrast to...

Holiday home rents & prices surge

The Cyprus holiday home market has risen to unprecedented heights, shaking off the lingering effects of the COVID-19 pandemic. Both rental rates and selling...

Larnaca port & marina must be concluded “at all cost”

Positive messages about the prospects of Larnaca and the certainty that the development of the Larnaca port & marina will be completed at all...

Wealthy migrants are welcome in Cyprus

Cyprus is considering easing residency permit requirements for wealthy foreign nationals under a proposed bill. The proposed legislative changes would grant residency permits to third-country...

Cyprus ranks 12th in residence program index

Cyprus ranks 12th in the 2024 Residence Program Index published by Henley & Partners with a score of 59 out of 100. The index comprises...

Popularity of short-term rental properties in Cyprus increasing

Short-term rental properties are increasing in popularity in Cyprus, quickly becoming a mainstay in the accommodation choices of both travellers and locals, according to...

Cyprus property market unaffected by regional conflict

Amidst the ongoing Israel-Gaza conflict, concerns about the safety and stability of Cyprus for potential property investors have surfaced. However, Cyprus property market stakeholder Chris...

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