Best deals opening up in Cyprus

Cyprus has been having an eventful year so far, with New Year's Day bringing the adoption of the euro as its official currency, the election of a new president, Dimitris Christofias and with him the tantalising prospect of better relations with northern Cyprus, perhaps even leading to a permanent solution to the division of the island into Greek and Turkish segments that has remained intractably in place since 1974.

Cyprus recommended to property buyers

People who are considering purchasing a property overseas have been pointed towards Cyprus.

The Independent advised people to look beyond the "party capital" image of places such Ayia Napa and Paphos and consider its other attractions.

According to the newspaper, the Mediterranean island has lots of "quieter charms", including villages, beaches and lush rural areas.

In addition, prospective expatriates were advised that these areas have lots of attractive and affordable homes.

Cyprus property market booming with the Euro

Many factors are helping to fuel the popularity of the Cyprus property market, notwithstanding the adoption of the Euro at the beginning of the year, cheap flights and a booming tourist industry make this an ideal investment location, says Gary Clayton of Principal International, one of the UK’s leading overseas property investment companies.

Since joining the European Union, property prices have steadily risen but a government official for the country believes that with its stable socio economic environment, the adoption of the Euro will see prices rocket. Now is a good time to buy for investors, says Principal International, before prices become too uncompetitive.

Cyprus has much to offer, its state of the art infrastructure and highly qualified labour force make the country an attractive proposition for international businesses. In fact it has been said that Cyprus is becoming an international business hub between Europe, Africa and Asia.

Sylikiotis wants to halt Cyprus house price increases

The election campaign slogan of newly elected President Demitris Christofias for a “just society” passes mainly through his Ministry, given the fact that the majority of the laws which regulate internal administration has to do with issues the Minister of Interior deals with.
Neoklis Sylikiotis returns to the “Ministry of the Citizen”, as he calls the Interior Ministry, under the Presidency of Demetris Christofias, something that gives him the opportunity and the time to finish the work he started some years ago, as he says, in combination with a new government programme, aiming to put a human face to politics.
In an interview with CNA, he declares his dedication to put a halt to rising house prices, places at the top of his priority list activities which express the social policy of the new government with housing programs for the support of refugees, low income families and young couples.
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