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Cyprus real estate

Cyprus Suspends Real Estate Foreclosures

The Cyprus House of Representatives approved a controversial measure that prevents property foreclosures through October. The bill was passed over the objections of the finance minister, who argued it would punish homeowners and small businesses that pay their mortgages on...

Cyprus' 'Golden Visa' Program Generates €4 Billion Due to Russian Investors

Both Cyprus and Greece have organized what is known as "Golden Visa" programs where foreigners who purchase property are eligible to be granted residence status. Recently Cyprus' Golden Visa program has raised some 4 billion euros in revenue for the...

Cyprus Real Estate Sales Increase 37% in October 2016 From Previous Year

Real estate sales marked a significant increase of 37% in October 2016 compared to the same month the previous year, continuing an upward trend that began last February. An indication of growing real estate sales is that during the first 10...