Cyprus, A history that spans 1000 years....
This eastern Mediterranean island is rich in natural beauty, has a wide variety of rare endemic species both in flora and fauna, magnificent ancient sites, as well as a healthy climate. The traditional hospitality of the inhabitants and a high level of services all make it attractive to the visitor. It is a land whose history and culture goes back 9.000 years so there is something for everyone - Neolithic settlements, ancient burial chambers, Greco-Roman temples and amphitheatres, Roman villas with mosaic floors, old Christian basilicas, Byzantine churches and monastries with beautiful wall-paintings, mediaeval castles, Islamic monuments, to name but a few.
The tourist industry began to grow in Cyprus in 1960 with Independence. Cyprus has since become one of the main tourist centres of the Mediterranean with tourism as the mainstay of the island's economy. In 2007, 2,1 million tourists visited the free part of the Republic of Cyprus. Most tourists come from Europe (95%), the majority from the UK. Other important tourist markets for Cyprus are the Scandinavian countries, Germany, Russia and the countries of former USSR, Switzerland, Greece and Holland. Cyprus offers visitors an opportunity for fun and relaxation, events organised throughout the year, as well as a chance to get to know its culture and taste its traditionally warm hospitality. There are plenty of sports activities as well within easy travelling distance.
Cyprus is situated at the eastern end of the Mediterranean basin. Third largest of all the Mediterranean islands, after Sicily and Sardinia, its area is 9,251 square kilometres, stretching 240 km, from west to east and 96 km from north to south. The island's population is approximately 700,000.
Led by Cyprus Airways, the national carrier, the island is served by approximately 30 major airlines, linking it to the four corners of the world through its international airports at Larnaca and Paphos.
Driving is on the left in Cyprus and distances between towns are relatively short, covered by a good network of modern roads. Cyprus telecommunications are among the best in the world - an important factor in establishing the island as an offshore business centre.
Peace of Mind
Cyprus enjoys a remarkably low crime rate,1/6 of the European average, another reason for being popular among foreign buyers for whom security has become a key element in the property world. Visitors are invariably surprised and reassured by this relaxed aspect of life on the island, for crime is virtually unheard of, and theft is not commonplace.
Cost of Living
The relatively low cost of living in Cyprus has an added appeal for the potential buyer, offering a full, but comparatively inexpensive lifestyle. Recent statistics pointed to Cyprus as one of the most inexpensive countries in Europe. The local markets flaunt a wealth of colourful fresh fruit and vegetables, meat and fish, and Cyprus' modern supermarkets are fully stocked with a large range of local and imported goods.
Banking
Banking practice, the range of services offered and the methods of management and control closely follow the British pattern. The domestic and foreign banks operating on the island are:
Cyprus Popular Bank
Bank of Cyprus
Hellenic Bank
National Bank of Greece
Arab Bank
Language
Greek is the mother tongue of the Republic, however English is readily spoken and understood almost everywhere. Knowledge of French and German is increasing with the island's tourist trade. |
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