Cyprus Property News

Cyprus Lodge Homes, the next generation of holiday homes abroad, are now available at Olive Grove Park, Limnatis, Cyprus, with prices starting from just £69,995.

For those wishing to take advantage of the phenomenal success that has and continues to be Aphrodite Hills, Cybarco Plc is delighted to announce, that today, it is releasing the last residential units at this multi-award winning resort – Apollo Heights – to the UK market.

An elegant village complex has just been released in the South east coast of Cyprus by ELIAN Developers. Eleni Gardens is a superb development of 47 self-contained, detached villas located in Ayia Triada only 10 minutes walk away from the quiet local beach.

A round of golf and a trip to the spa – it’s been quite an exhausting day! There can only be one way to ‘re-cooperate’ - a few friends round, watching the sun go down on another ‘balmy’ day in Cyprus.

Investors seeking opportunities to purchase property in one of Europe’s fastest growth markets - South Eastern Cyprus - now have easier access to high-quality developments with the expansion of the London office of Elian Estates in Berkeley Square, Mayfair.

A new generation of first time property buyers are ditching jet-to-let in favour of oversea and sell strategies to help them get a foot on the UK property ladder, according to experts.

Cyprus is one of Britain’s most beloved isles, after its own of course. In a similar fashion to Malta and Gibraltar, little pieces of Britain such as red post boxes dot the Cypriot streetscape and English is widely spoken. Unsurprisingly the British visit in their droves, over two million people last year, and the Island consistently appears in ABTA’s ‘Britain’s favourite destinations’ top ten.

Leptos Estates is offering the ultimate Valentine’s Day present - from February 14th, 2007, the first fourteen people to buy a new home at its romantic Vikla Village development in Cyprus will also be presented with a rose red Suzuki Swift car!

As 2007 gets under way, there’s continued confidence from international buyers in Cyprus’ residential property market. After a period of rapid price rises in anticipation of the country’s EU membership in 2004, the market is now showing stable but healthy growth with the promise of more good things to come as the country prepares to adopt the Euro currency on 1st January 2008 and Monarch Airlines adds Cyprus to its list of budget destinations.

Following Monarch’s move into Cyprus this week as the first major low fares airline to introduce flights between the Mediterranean island and the UK, MRI Overseas Property is predicting Cypriot property prices are set to become even stronger in 2007.

October 2006 residential property prices in Cyprus dropped 0.9% from the September figures. The BuySell Home Price Index came down to 117.60, bringing the Average Home Price to CYP £91,625. The overall index remains up 6.7% for 2006 to date.

Cybarco Plc has confirmed its position as the leading developer in the Republic of Cyprus by scooping awards in all three categories in which the company was entered into at Friday night’s International Property Awards.

Post-holiday blues and the UK's longest, hottest summer are making Southern Cyprus the number foreign property hot spot according to experts.

With the end of summer, even one so extended as this year’s, the trudge back to school provokes dreams of changing lives and warmer places. With around 340 days of sunshine a year, a half term or Christmas trip to Cyprus could inspire a family move to enjoy warm weather year-round.