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Overseas Property News
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Cyprus & Malta welcome Euro
Country: Cyprus; Malta and Gozo; Southern Cyprus
4th January 2008
January 1st saw both Cyprus and Malta introduce the euro, bringing the total number of countries in the Eurozone to 15. Fireworks marked the occasion in Malta, while in Cyprus major bank braches opened in spite of the New Year holiday to smooth the process. The leaders of both countries also made symbolic withdrawals of euros from cash machines just minutes into the New Year. Together, Cyprus and Malta have added another 1.2 million people to the number of Europeans using the single currency, and they will now have equal voting rights with the other 13 Eurozone members at the European Central Bank. Fully aware of the previous experiences of some other Eurozone members, Cyprus and Malta are closely watching retailers in order to make sure they do not use the changeover to round up their prices, contributing to inflation. In addition, the Cypriot government urged companies to round their prices down, while Malta signed 12 price stabilisation agreements with importers, which are due to last until at least March 2008.
View property for sale in Cyprus
View property for sale in Malta
See Also: Cyprus, Malta
Some properties in Southern Cyprus
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Price: £36,666 (GBP)
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Type: Studio
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2 studio units available, Close Peyia village, Covered area 40 m2, Balcony 10 m2, Pool, Covered parking, Lift, Fitted kitchen. Built year 2008, Coastal & mountains view.
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View details | Enquire further
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Price: £49,116 (GBP)
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Type: Apartment
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Bedrooms: 1
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* Popular location in the Universal area* 1 Double Bedroom * 1st floor * Covered Area 50sq.m * Fully equipped kitchen * Fully furnished * Built 1995 * Title deeds * No Communal Charge * Viewing recommended * only €59,750220
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View details | Enquire further
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Price: € 65,000
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Type: Apartment
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Bedrooms: 2
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Located off Tomb of the Kings Road within 5 minutes walking distance of Sea Front, Supermarkets, restaurants, coffee shops, tavernas etc. Ancient sites, churches, the harbour with its imposing castle and many other exciting places are nearby. 220
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View details | Enquire further
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Price: £65,833(GBP)
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Type: Apartment
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Bedrooms: 2
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*Title Deeds
*350m to Sea
* 2 Double Bedrooms
*Tomb of Kings Area Close to Amenities
* Family Bathroom
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View details | Enquire further
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Price: € 69,000
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Type: Apartment
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Bedrooms: 1
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An excellent ground floor apartment , few years old , in the tourist area of the Tombs of the Kings , fully furnished , close to all the amenities , restaurants , bus stops , hotels , bars , to the beach .
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View details | Enquire further
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Price: € 70,000
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Type: Apartment
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Bedrooms: 2
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A fully furnished 2 bedroom apartment located in Kato Paphos. The property is 27 years old , is on the 4th floor ,there is no lift , has a wonderful sea views and is within walking distance to the beach and all amenities.
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View details | Enquire further
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Price: £70,833 (GBP)
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Type: Apartment
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Bedrooms: 2
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Excellent 2 bed apartment in Tomb of the Kings area of Paphos, close to all amenities, title deeds included, 84m2 covered area,3rd floor, lift, balcony, communal pool, parking, solar water heating, shutters , furnished! 220
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View details | Enquire further
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Price: £74,166 (GBP)
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Type: Apartment
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Bedrooms: 2
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2 bed townhouse in Tomb of the Kings area,
Large lounge/ Dining area<
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View details | Enquire further
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Price: CY75,000
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Type: Apartment
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Bedrooms: 2
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Description: Key features:
· In one of the south’s most sought after areas
· Just a 10-minute drive to Ayia Napa, Protaras and Paralimni
· Spectacular sea views
· All amenities close by
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View details | Enquire further
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Price: CY75,000
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Type: Apartment
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Bedrooms: 2
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Description: Key features:
· In one of the south’s most sought after areas
· Just a 10-minute drive to Ayia Napa, Protaras and Paralimni
· Spectacular sea views
· All amenities close by
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View details | Enquire further
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