Cyprus has been put on the naughty step by the European Commission, which has forced it to implement an EU mortgage directive following some lending irregularities. It’s good news for property buyers needing a mortgage on the island.
Cyprus is famous for its sandy beaches and sparkling waters. For anyone in search of beach life but far from the madding crowds of tourists, here are three of the island’s best coastal villages.
The launch of a new airline next month is about to unlock the door to three exciting destinations for British residents in Cyprus. Cyprus Airways has announced it will be providing services to Heraklion in Crete, Rhodes and Tel Aviv, with more routes in the pipeline.
The residence for investment programmes – the so-called Golden Visas – introduced in Cyprus offer property buyers and their families the chance to obtain permanent residency for as little as €300,000. Alternatively, you could become a citizen for a €2 million investment. All you have to do is buy a property and visit every now and then.
