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UK Governments Official Advice on Living in Cyprus

General information on all things Brexit has been very patchy to say the least but it is important for British Citizens living in Cyprus to do as much as they can to prepare themselves for what is to come in March 2019. Nothing is totally decided yet so all information is still subject to change…

Natural gas Pipeline Deal

Egypt and Cyprus on Wednesday signed an agreement for the construction of an underwater pipeline to export natural gas to Egypt. The deal was signed at the presidential palace by Energy Minister Yiorgos Lakkotrypis and Egypt’s Oil Minister Tarek el-Molla.   The Energy Minister, Mr. Lakkotrypis said the agreement aimed at ensuring the timely and safe…

NPLs Pushing Down Cyprus Property Prices

A EUROPEAN Commission report suggests that the high number of mortgage-backed NPLs is pushing property prices downwards. According to the EC’s report entitled ‘Housing Market Developments in Cyprus‘ the large mass of NPLs is on the one hand affecting banks’ capacity and willingness to give out housing loans, and on the other is putting pressure…

Radisson Blu comes to Larnaca

An impressive new arrival in Larnaca is enhancing the town’s tourist profile, as the Radisson Blu Hotel has officially begun operating as Cyprus’ first business hotel. Located in the center of Larnaca besides the harbor and a mere 10 minute away from Larnaca International Airport, Radisson Blu Hotel promises a stay of the highest quality….

Cyprus Records Largest Unemployment Decrease in EU

Cyprus registered, once again, the largest annual decrease in unemployment for August 2018, according to Eurostat, the statistical office of the European Union. Unemployment in Cyprus dropped from 10.5% in August 2017 to 7.5% (7.0% in males and 7.9% in females) for August 2018 (or from 45 000 to 33 000 individuals), further down from…

Horse Riding at Aphrodite Hills

Horse Riding might not be the first activity on your mind when you arrive at the Aphrodite Hills Golf Resort but it is actually a fabulous opportunity to appreciate the calm and beauty of the slice of Cyprus countryside which surrounds the Resort. Hidden 3km into the hills above the resort this well run riding…

House Approves €2.6 billion State Guarantees to Hellenic Bank

The plenary of the House of Representatives, in an extraordinary meeting on July 8, voted for a decision which approves state guarantees amounting to €2.6 billion granted by the Minister of Finance to Hellenic Bank for the absorption of the Cyprus Co-operative Bank (CCB). The decision was voted with 32 votes in favour and 20…

Paphos Marina Contract Awarded

AFTER nearly three decades of bureaucratic delays and legal wrangles, the contract to build the Paphos marina has been awarded to Pafilia by the ‘new’ Marina Management Committee. According to the Greek language newspaper Phileleftheros, the committee had been examining the issue for the past two months before informing Pafilia of its decision yesterday. The…

Highrise Not Needed in Paphos

AFTER it was revealed this week that Paphos municipality has received ten applications for high-rise buildings, a 500-strong group Movement to Save Paphos says there is no need for such construction in the district and an expert body should be formed to offer proper advice before it is too late. According to Antonis Trakkides, a…

Cyprus’ Coptic Storm

For those of you living here or visiting at the moment, you will have noticed a thick blanket of dust hovering over Cyprus leaving you feeling a bit sluggish. This general mugginess comes and goes in Cyprus but fret not it is quite rare! This layer of dust coming from a sandstorm generally lands in…

Casino Resort – City of Dreams

Cyprus’ first integrated casino resort, City of Dreams Mediterranean, has launched its official website. Available in English and Greek, the website includes project details and information on the Integrated Casino Resorts Cyprus consortium. The website also features a media centre and a section dedicated to the island. Also available is Melco Resorts & Entertainment’s career…

Eden Seniors Resort

Located on Tersefanou Hill in Larnaca, the Eden Seniors Resort officially opened its doors on the 1st of March. Providing luxury accommodation and assisted living to retirees and the elderly. It is the first of its kind in Cyprus. Approximately 5km from Larnaca International Airport and within walking distance to local amenities, it also boasts…

A New Year, A New You!

The start of the year is synonymous to New Year’s resolutions, setting of new goals, letting go of the old and bringing in the new, but how many of us really keep to our resolutions? Perhaps it would be better to start the year with a theme instead? For instance, ’Get Fitter’ not ’Lose 5…

Best Golf Course in Cyprus!

Exciting news for golf lovers! The €2.5m investment upgrade for the Golf Course is ahead of schedule and Aphrodite Hills has brought forward the opening date of the Golf Course to the 19th January 2018. Golf Packages, including rounds on the new Course are on sale and available from this date onwards. A complete modernisation…

Breast Cancer Awareness Event

On Saturday 18th November 2017, the Aphrodite Hills Retreat Spa are organising a Breast Cancer Awareness Day. By attending the event you will raise money for the non-profit organisation Europa Donna. A Gynaecological Health Day is also on offer at the Evangelismos Aphrodite Hills Hotel Medical Clinic.              

Immovable Property Tax Re-introduction?

  The International Monetary Fund (IMF) has released its ” Statement of the 2017 Article IV Mission “. All indications portray a positive outlook for Cyprus and with GDP growth at 3.6% compared to the same period last year the IMF has made several recommendations to ensure the growth is sustainable. One recommendation is the…

Paphos – Best City to Buy!

Paphos has been identified as the best city to buy a summer holiday home abroad by credit eligibility firm TotallyMoney. According to Mortgage Introducer website, TotallyMoney rated destinations based on average property price, temperature, the number of rainfall days, English proficiency, the daily number of flights, the average flight cost, the number of amenities (bars,…

Aphrodite Hills Golf – PGA Status

Aphrodite Hills Golf, PGA National, Cyprus is elevating the standards of all golf lover’s vocation Aphrodite Hills Resort is delighted to announce that the 18-hole Championship Golf Course has attained the highest standard recognition in Golf, the PGA National, Cyprus. The course, designed to a world-class standard, is undergoing a €2.5m investment upgrade and complete…

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