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Blog
05
Jul
New High-Rise Developments in Paphos
Town Planning Committee of the Paphos Municipality has issued a permit for the construction of two 20-storeys high rise buildings in the neighbourhood close to the tourist area and Aloe Hotel on Poseidonos Avenue. The vision is to build two high-rise blocks of lavish apartments, shops and houses. The main distinguished features of the development are a green space with a total area of 3,000 m2 and a public parking lot that can accommodate up to 150 cars. Paphos Planning Committee has also allowed to begin building another three multi-story buildings. Two of the building will be built by a property development group Leptos. These buildings will be located in the hospital area and will have 8 and 10 storeys respectively. The third building in the Tomb of the Kings area with 12 floors will...
21
Jun
New Amendments to the Cyprus Investment Programme
Cyprus citizenship-by-investment program, which has been recently renamed to the Cyprus Investment Programme, allows investors that contributed €2m to the...
06
Jun
Limassol – the Epicentre of High-Rise Developments
The Shacolas group plans to build 197-metre-high Aura luxury apartments in the place of the Debenhams Olympia centre in Limassol. If the development is suc...
27
Mar
Profound Rise in Property Sales
According to the analysts and based on the recent figures provided, the property market in Cyprus has seen a profound and steady growth since February in a...
26
Feb
Paralimni Marina Contracts Signed
Contracts for the construction of the Paralimni marina have been signed. It is expected to accommodate approximately 300 vessels....
11
Feb
Government Attempts to Solve the Title Deeds Issue
Government of Cyprus is trying to advance a resolution to the title deeds issue. Many people found themselves unable to obtain titles to their property sin...
01
Feb
Larnaca Port and Marina Development
The Cyprus Minister of Transport, Communications and Works says that the long- awaited contracts for the Larnaca port and Marina project are to be signed l...
01
Jan
VAT on Land for Construction Purposes Approved at Last
During the last quarter of 2017 the Parliament of Cyprus passed the introduction of a VAT that will apply to land sold for construction purposes, with the...
28
Dec
Exciting New Real Estate Opportunities in Ayia Napa
Situated between the three major continents of Asia, Africa and Europe, Cyprus is a natural wonder with its eminently sunny weather and spectacular flora a...
14
Dec
Cyprus Real Estate Sales See Near 40% Boost in November
Good news for the Cyprus real estate market, as November property sale figures show a 39% increase over the same time last year. This sizeable boost comes...
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