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Overseas Property News
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Cyprus property news: Economy tipped to grow in 2010
Country: Cyprus
15 September 2009 The Cyprus property market is set to benefit from the country’s economy which is tipped to grow in 2010, according to the country’s finance minister Charilaos Stavrakis. Mr Stavrakis told reporters that while the Cyprus’ economy will contract by 0.5% this year, it will recover in 2010, and should grow by 0.5%, AFP reports. The global economic slump has had an adverse impact on demand for property in Cyprus, causing prices to fall across the island. However, signs that the world economy is improving should boost the Cypriot real estate sector. The minister said: “Prospects for the world economy and Cyprus in 2010 appear to be positive compared to 2009.” Recent data from eurostat, the European Union’s statistics agency, revealed that the country saw its economy shrink in both Q1 and 2, by 0.6 per cent and 0.5 per cent respectively.
See Also: Cyprus, Marc Da-Silva
Some properties in 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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