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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Cyprus is using green electricity.
Recent data show that on the island, the use of clean energy has already reached 8.1%. Indicators 10 years ago were not very high, only 3.1%.
Builders seek VAT reduction
Constuction companies want VAT reduced to 5.0 per cent to stimulate the flagging sector.
Cyprus gas reserves to be put up for sale
US-based Noble Energy will declare gas reserves discovered offshore Cyprus commercially viable in the next few weeks, the government said on Tuesday.
Subsidy for the upgrade of residential buildings
The energy ministry has announced proposals for the upgrade of residential buildings.
Record number of participants in Cyprus Cycling Tour 2015
With less than ten days to go until the start of the Cyprus Cycling Tour 2015, a record number of participants have expressed their interest in participating, according to organisers.
Colin Wright: Cyprus’ Economy Headed for Better Days
The Executive Vice President of the Buena Vista Hospitality Group, Colin Wright, gave an interview to Gold News, regarding the largest wellness spa resort in Cyprus Europe - the Fortune Health Resort.
The Cyprus Investors Summit 2015
The most prestigious investors’ event in Cyprus started yesterday – the Cyprus Investors Summit 2015.
Apartments are considered to be the most popular type of real estate in 2014
About 3000 property deals of residential real estate were completed in Cyprus in 2014, half of which turned to be for the sales of apartments.
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.