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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25th of March is official bank holiday in Cyprus.
Tomorrow, 25 of March all government organizations, schools, banks and most of the shops will be closed due to Greek Independence Day.
Science Cafe to open soon in Nicosia
The Nicosia Science Cafe will be ready after Easter according to a spokesperson following the support of the Ministry of Education, Ministry of Communications and Works, and the Nicosia Municipality.
Limassol Marathon, Cyprus - 29 March 2015
The 9th International Limassol Marathon, the biggest sporting event of the year in Cyprus, started on Sunday morning, in the presence of President Nicos Anastasiades, Limassol Mayor Andreas Christou, other officials and spectators.
Standard&Poor’s revises Cyprus outlook to positive
Standard and Poor’s (S&P’s) has revised the Cyprus economy’s outlook to positive from stable
1st of april is a Cyprus National Day
Cyprus National Day is a public holiday in Cyprus and is recognised on 1 April each year. It is also known to some as Greek Cypriot National Day and is a different holiday to Cyprus Independence Day, which is on 1 October.
Archaeological find in the area of Pallas square in Larnaca.
Renovations at Pallas Square in Larnaca have been held up after an old water duct from the Ottoman Empire era was accidentally unearthed.
‘Living Cyprus’ event a reminder to departing passengers
For the second consecutive year, Larnaca airport is offering travellers the opportunity to experience unique moments from the island’s cultural heritage before they return home from their holiday.
Nicosia 2015 solar car race.
The year’s sixth solar car race will take place on Sunday June 28 in Nicosia.
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.