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.
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.