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check iconYour Agency for Quality Real Estate in Cyprus - Specialists for Property in Paphos and Limassol

money euroThe Eurostat, the statistical office of the European Union, has issued statistical findings of the general household expenditure across the EU nations.

In the analysis of the individual EU country the data shows that the Cyprus Household Expenditure, which includes water, housing, electricity, gas and other fuels, takes up 16.6% share of Cypriot household budgets in 2015. The European average is significantly higher which holds 25% share of the average household budget! 

DSC 2701Investing in this prestigious seafront Kato Paphos property that is really special not to mention rare... you will have the best holiday location in Cyprus to call your own.

DSC00253A whopping €3,000 was raised for Archangel Michael Hospice at the fun filled event at our offices on Friday 25th November.

We were delighted to have such wonderful support from local businesses ensuring this fabulous event was indeed a very special and exciting community charity event.

Economy growthCyprus’s economy expanded 2.9 per cent year-on-year in the second quarter and a seasonally adjusted 2.7 per cent, the statistical service said citing revised figures which confirmed an August 12 flash estimate.

The Cypriot economy grew 0.7 per cent in the second quarter compared to the previous three-month period, Cystat said in a statement on its website on Thursday.
In January to March, the economy grew an annual 2.6 per cent and a quarterly 1 per cent, according to Cystat.

Tourist arrivals1

Tourist arrivals increased by 16.7% in September compared to the same month last, making 2016’s September the best ever recorded.

On the basis of the results of the Passenger Survey, arrivals of tourists reached 421,201 in September 2016 compared to 360,899 in September 2015, recording an increase of 16.7%. September 2016 had the highest volume of tourist arrivals ever recorded in Cyprus during the specific month.

LiteratureA Cypriot book has been voted among the world’s top 200 reads for 2015, reported City Free Press on Friday.

Munich’s International Youth Library, labelled internationally as among the world’s most important libraries, awarded its coveted ‘White Ravens’ distinction to ‘The Triplets and the Apple Tree’s Dragon’ authored by Lambros Polykarpou and illustrated by Hambis Tsaggaris.