Latest News

Busy Bee Rentals Will be In Norway this weekend

Tuesday, 24 April 2012
We are pleased to announce that we have been invited to attend the Sunshine Living Exibition in Norway this weekend. We look forward to seeing you there and answering your property related questions for holiday and long term rentals. See you in Oslo!... read more

Cyprus is a great place to invest’ says multinational group’s chairman

Thursday, 15 March 2012
By George Psyllides. Published on March 15, 2012 – Cyprus Mail THE CHAIRMAN of a multinational conglomerate said yesterday he is interested in investing in Cyprus, including the purchase of government bonds and in the banking sector. Following a meeting with President Demetris Christofias, Triple Five chairman Nader Ghermezian said his firm was interested in investing in tourism, energy, a... read more

Cyprus Revenue From Tourism Rises 13% to $2.3 Billion in 2011 (Bloomberg)

Thursday, 16 February 2012
Feb. 15 (Bloomberg) -- Cyprus’s revenue from tourism rose 13 percent in 2011 compared to a year earlier beating an earlier finance ministry forecast, the Statistical Service said. Total revenue rose to 1.7 billion euros ($2.3 billion) last year from 1.5 billion euros in 2010, the east Mediterranean island’s statistical office said in a statement on its website today. In December, reve... read more

RYANAIR New direct flights to Paphos!

Tuesday, 10 January 2012
RYANAIR HITS BIG 50 WITH BASE AT PAPHOS (CYPRUS) 14 ROUTES & OVER 600,000 PAX P.A. AT RYANAIR’S FIRST CYPRIOT BASE Ryanair, the world’s favourite airline, today (10th Jan) announced it would open its 50th base (and first in Cyprus) at Paphos (Cyprus’s third largest city) in April 2012 with two based aircraft and 14 routes which will initially deliver over 600,000 passe... read more

British largest source of tourism for Cyprus - hotels 100% full

Wednesday, 24 August 2011
Famagusta Gazette, 17th August, 2011 Hotel occupancy rate in Cyprus during high season has reached in many cases up to 100%, Director General of the Cyprus Hotel Association Zacharias Ioannides has said. Ioannides added that the Russian market continues to gain more ground in Cyprus’ tourism, with arrivals in July from Russia showing an increase of 62%, compared to the same month last year... read more

Cyprus tourism rebound uplift continues in June

Monday, 22 August 2011
Financial Mirror, 15.07.2011 Hotels to stay supplied with electricity June saw a repeat of strong tourism arrivals in Cyprus, with the number of tourist arrivals rising by 9.3% to reach 300,817 in June 2011, compared with 275,280 in June 2010. The Russian market continues to soar, with arrivals from Russia rising by 53.4% over the year earlier to 56,407 in June 2001, from 36,770 in June 2010. ... read more

Tourism on the increase with Russians the biggest spenders

Monday, 22 August 2011
Cyprus Mail, 5th July, 2011, by Jacqueline Agathocleous An increase in arrivals from the UK has put a smile back on the face of the Cyprus Tourism Organisation (CTO), after recent years saw the island’s main source of tourism steadily - and worryingly - diminish. According to the CTO’s deputy chairman Lefkos Fylaktides, the steady reduction in British tourists that has been noted ove... read more

Revenue from Cyprus tourism up by 13.6%

Monday, 22 August 2011
Famagusta Gazette, 01.07.2011 Revenue from tourism reached 187.1 million euros in May 2011 compared to 164.8 million euros in the corresponding month of the previous year, recording an increase of 13.6%. According to the results of the Passenger Survey, for the period January-May 2011 revenue from tourism is estimated at 456.9 million euros compared to 383.0 million euros in the corresponding pe... read more

Cyprus property picture improves

Monday, 22 August 2011
Cyprus Property News, 18.07.2011 Figures recently released by the Department of Lands and Surveys show that 1,316 property transfers took place at District Lands Offices throughout Cyprus during June; an increase of more than 100 on the number that took place in May. Speaking with INBNews last week Interior Minister Neoclis Sylikiotis noted that there is now the possibility of issuing Title Deed... read more

UK still tops Cyprus arrivals in June

Monday, 22 August 2011
Cyprus Expat press release, 3rd August, 2011 The United Kingdom still topped Cyprus arrivals in June, according to the Cyprus Statistical Office. There were a total of 130,545 arrivals, proving what a valuable market the UK remains in terms of tourism. This is a market Cyprus must be seen to be encouraging, as many other destinations are cheaper. The following month's figures are crucial to th... read more
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