Magnificent ecology, the sea and the sun are constant factors in the growth of real estate prices in Cyprus. This market is constantly growing, thanks to which the capital invested in housing is also constantly increasing. It is also necessary to take into account the fact that there is less and less land for development on the island. Accordingly, there are no objective reasons for a decrease in demand.
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Zenobia Week in Larnaca
A conference on artificial reef management will take place during this year’s Zenobia Week in Larnaca which kicks off on June 23, the Larnaca Tourism Board said on Tuesday. The conference will be address by Larnaca Mayor Andreas...
Recently, it was announced by Delek that the natural gas field of Aphrodite is commercial viability
According to ServPRO, the Ministry of Energy in Cyprus, has held a press release last Sunday, “Noble Energy International Ltd, Delek Drilling Limited Partnership and Avner Oil Exploration Limited Partnership, holders of a license for the...
The economic climate in Cyprus improved
The economic climate in Cyprus improved in April, with the Economic Condition Index increasing by 4 percentage points relative to the previous month, the University of Cyprus’ Economic Research Centre announced on Tuesday.According to a...
Auctioneers wanted
Auctioneers for mortgaged property auctions will be assigned randomly via an electronic selection system at the interior ministry, according to the auctioning regulations tabled by the government in a joint House finance and interior...
Efforts to bring down petrol prices.
More measures to help consumers gain cheaper access to petrol are anticipated over the coming days.
A new pedestrian footbridge located on Limassol’s seafront has been inaugurated
A new pedestrian footbridge located on Limassol’s seafront has been inaugurated, according to local media reports.
Fuel tanks will be removed from Larnaca
Movement of strategic reserves of oil and gas of the Cosmos company and other private companies has to come to the end in July, 2015 from Larnaca to the power center of Vasiliko.
The Cypriot economy has grown for the first time in nearly four years
According to Cyprus Mail, recent statistics has shown that the island’s economy has grown by 1.6 percent in the first quarter, which is a significant change ever since Cyprus was forced to accept a financial bailout.
Cypriot team wins global NASA prize for ‘spiderbee’ drone
A Cypriot project called ‘Arachnobeea’ has won the NASA International Space Apps Challenge. NASA announced the winners of the International Space Apps Challenge and ‘Arachnobeea, the runner-up team of the Space Apps Challenge Limassol...
Casino in Cyprus
The Cyprian mass media assume that on Thursday the law allowing licensing and opening of a casino in the territory of the Republic of Cyprus will be adopted. Final comments of deputies, including regarding counteraction to money...
3 reasons to buy property in Cyprus
Property owned by foreigners in Cyprus is protected by the law
Property rights in Cyprus are strictly respected, therefore there are now reasons to worry about your capital. Even in the event of political changes, the status of investors remains untouchable and is guaranteed by the government.
Owning a house or apartment on an island is not only an indicator of status
Owning a house or apartment on an island is not only an indicator of status. This is an opportunity to diversify investments that help you to get a stable income and be sure that your capital is safe.
Minimum taxes on the sale and acquisition of real estate
In Cyprus, unique taxation conditions have been created to minimize indirect costs. An additional bonus is the possibility of obtaining a residence permit. If you are interested in the possibility of a change in status, we recommend that you study our website or contact managers.