Reason to Invest in Cyprus

Acquiring property in Cyprus, either as an investment or as a second home, has always been a popular choice among foreign investors. A combination of high quality of life, year-round sunshine and natural beauty, ease of doing business and investment incentives offer investors an attractive experience in terms of both living and doing business.

Property sales have increased significantly in 2016, with the construction industry intensifying its activities islandwide. Cyprus continues to offer unique options for beautiful holiday homes and represents a popular destination for permanent residency and retirement.

Cyprus offers an enviable lifestyle in a safe, clean and healthy environment with high living standards. Low crime levels, centuries of art and culture, and a delicious gastronomy all contribute to a high quality of life.

Safety is amongst the biggest advantages of Cyprus, which has been ranked the safest smaller country in Value Penguin’s Safest Countries in the world (2015) and fifth worldwide.

Lifestyle in Cyprus

 

Holiday Destination

 

Regional Energy and Fuel Hub

The discovery of important hydrocarbon reserves in the EEZ or Exclusive Economic Zone of Cyprus and the strategic move of its government to become a prime energy player in the Eastern Mediterranean has changed the energy profile of the country.

It has been confirmed by the US Company Noble Energy via appraisal drillings in block 12 that there are reserves of 4.54 trillion cubic feet of natural gas. This discovery is the proof that the domestic gas demand of the country will be met for another 100 years. It has become the attracting point for many international energy heavyweights like Total and Eni to find the island's waters for new discoveries. The energy sector of Cyprus, therefore, is capable of presenting foreign investors with best opportunities that will lead to better economic growth

Upcoming Casino in Republic of CYPRUS

November 21, 2016

Energy, Tourism, and Commerce Minister Yiorgos Lakkotrypis (pictured on right) said that Cyprus’ casino is slated to be Europe’s largest, according to a Cyprus News Agency (CNA) report.

The Melco-Hard Rock Resorts Cyprus consortium announced that it had received approval from the Cyprus government to build and operate Europe’s first integrated casino resort. A recent report suggests that the consortium could open a temporary training venue in Cyprus by theend of 2017.

Overview

 

Tourism in CYPRUS

Tourism represents one of the largest economic sectors in Cyprus and has experienced substantial growth over the last decade, with around 3 million tourists visiting Cyprus every year, especially during the summer months. Enhancing the tourism product is one of the primary objectives of the Government and the competent authorities.

Korantina Homes