Cyprus, a dreamy, loving, passionate, romantic island with breath taking views and quality living; an island with an outstanding cultural heritage and history that old customs and traditions are still kept alive. A very important issue is the steady growth of the economy and the low crime rate of the island.
Thousands of tourists come every year to enjoy the vivid beaches and the fresh breezes in the area, the mountain and forests of the island. Many of the tourists come back to Cyprus for h...
Travel the island almost anywhere in Cyprus and you will come across old villages with traditional architecture where the traditions themselves have changed little over the centuries. Psematismenos Village is one of them.
There is no better or more direct way to experience the life of the countryside, with its folk customs, traditional cuisine, wholesome hospitality and strong in heritage of archaeological importance than Psematismenos village.
Buying property in Cyprus in traditio...
January
17.1
February
18.2
March
20.4
April
23.2
May
27.7
June
30.0
July
32.4
August
32.8
September
31.1
October
28.3
November
23.5
December
18.9
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On Cyprus' entry to the euro area on January 1st, 2008 the euro will become the Republic's monetary unit. Thus the currency will be issued within the framework of the Eurosystem.
In July 2007 Cyprus pound was locked with the Euro at the rate of 0.585274. This translation rate is used for all transactions between 1st September 2007 to 31st December 2007. All catalogues and price lists during this period present double prices (ie in both Cyprus and Eur).
The notes are: 5, 10, 20, 50...
The Cyprus legal system is mainly based upon the British legal system, which is essentially common law with civil law modifications.
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Greek is the main language. However, over 90% of the population speak English. Most shop, restaurant menus and road traffic signs are in English thus making it easy for non Cypriots to live on the island with no problem whatsoever. Other languages like German, French, Italian and Russian are widely spoken.
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As a full member of the European Union, Cyprus is successfully meeting the challenge of being part of the enlarged European family. The island's economy is characterised by robustness and macroeconomic stability, which is evidenced by the favourable evaluations and comments of the European Commission, the International Monetary Fund and other international organisations.
During the period 2000-2005, real GDP grew by an average of 3.6% per annum, which compares favourably with the EU aver...
Cyprus enjoys a high European standard of living whilst the cost of living remains relatively low which is one of the advantages that appeals to a potential buyer. The island offers a full, but comparatively inexpensive lifestyle. The local markets flaunt a wealth of colourful fresh fruit and vegetables, meat and fish, locally grown and produced whilst the modern supermarkets are fully stocked with a large range of local and imported goods.
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Local (Greek and English) and international newspapers are on sale. Paperbacks, local and international magazines and books are readily available. Local radio and TV stations broadcast English speaking news, documentaries or films both in Greek and English. About 70% of the television programmes are in English many of which are quite popular series from England and the USA. Satellite dishes and cable TV are offering wide choices of international channels.
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