Cyprus actually is a good cruising destination with many anchorages. Although none are all weather anchorages, most are good in the prevailing weather. Get a free cruising guide at: http://cruisingtips.net/pdf/Cyprus_Pilot.pdf (from our trip around southern Cyprus in the summer of 2015).
Rick
Ocean Dream

This information picked up from a Cruisers’ Forum:
Not many sailors might know that Cyprus is another option to escape from Schengen, and for sure they wouldn’t know how accommodating the authorities are compared to other countries when wanting to stay longer than 90 days.

Likewise, there is a scheme in Cyprus whereby one can get VAT paid status for a non VAT paid boat at a much discounted rate. The greatest savings are for the multi-million euro yachts – rates vary from 3.9 to around 10 percent, and it requires some admin costs and gyrations. Malta has something similar, but rates are better here and apparently the process simpler. Once the process is completed the VAT paid certificate is accepted in all other EU countries, so I am told.

Posted on Marmaris Bay Cruisers – Schengen Issues in the Med:
For those with Schengen issues looking for an alternative to Turkey, we just checked in to the Republic of Cyprus. Got a “Landing Permit” which allows us to stay as long as we are living on our boat, at no cost, and all in one office (in Latchi, CY). We plan to winter in Limassol.
Rick & Mary, Ocean Dream