SunCity Development Gets the Go Ahead

SunCity Development Gets the Go Ahead

The Administrative Court has ruled in favour of continuing the ‘SUNCITY’ development project within the Sotira Municipality, thereby removing previous barriers to its completion. The court upheld arguments made by solicitor A. Angelides, representing the...
Golden Visa Program Updates 2025

Golden Visa Program Updates 2025

The Cyprus Golden Visa program is highly recommended as the best option for foreign investors looking to obtain permanent residence in Cyprus. No language requirements. Investment Requirement: Applicants must invest at least €300,000 in a new property.   Income...
Property Sales in 2024 Highest Recorded Since 2007

Property Sales in 2024 Highest Recorded Since 2007

The number of properties sold in Cyprus during 2024 reached the highest level on record since 2007, with a total of 15,797 contracts deposited with the Department of Land and Surveys. However, as you will read later in this report, sales to the overseas market have...
Moody’s Credit Rating for Cyprus Upgraded to A3

Moody’s Credit Rating for Cyprus Upgraded to A3

Moody’s has upgraded Cyprus’ credit rating by two notches, from Baa2 to A3, a move hailed as a gateway to increased foreign investment and job creation, President Nikos Christodoulides announced on Saturday. The president emphasized that the upgrade reflects his...