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Property News

Two Cyprus Cities Rank Among Europe’s Top Family Destinations for 2026

Two Cyprus Cities Rank Among Europe’s Top Family Destinations for 2026

Family travel experts from the international tourism group TUI analyzed more than 150 coastal destinations across Europe to identify the best places for holidays with children. Lisbon, Naples, and Porto claimed the top three spots, while Cyprus secured two places in the top ten with Paphos and Limassol. The ranking...
Orpheus team: Surrounded by Beauty, Power, and Elegance

Orpheus team: Surrounded by Beauty, Power, and Elegance

The women of the Orpheus Group — driving success across ReLux Estates, Orpheus Luxury Travel, and Autolife — are a shining example of how elegance and achievement go hand in hand. Their vision, strength, and dedication inspire everyone they meet, proving that true sophistication extends beyond style to...
Two Citizens of Cyprus Make Forbes’ List of the World’s 200 Richest People

Two Citizens of Cyprus Make Forbes’ List of the World’s 200 Richest People

The American financial magazine Forbes has published its annual list of the 200 wealthiest individuals in the world, which includes two citizens of Cyprus — an 81-year-old shipping magnate and a 77-year-old investment banker. “For the past year, the wealth of the richest individuals has grown at an...
Cyprus Plans to Welcome 5 Million Tourists Annually by 2035

Cyprus Plans to Welcome 5 Million Tourists Annually by 2035

The Cabinet of Ministers of Cyprus has approved a new tourism development strategy. According to the plan, the island aims to host around 5 million visitors annually by 2035. The main goal is to establish Cyprus as a year-round destination and enhance the quality and convenience of tourism services. In 2025, the...
The Future of Larnaca Port and Marina: Modernization Will Be Led by the Government, Not Private Investors

The Future of Larnaca Port and Marina: Modernization Will Be Led by the Government, Not Private Investors

Cyprus Minister of Transport Alexis Vafiadis has unveiled a new plan for the development of Larnaca Port and Marina. After three unsuccessful attempts over the past 20 years, the government has decided to fund the modernization from the state budget rather than rely on private investors. Each project will be...
4 Key Changes in Cyprus Tax Reform Affecting the Banking Sector

4 Key Changes in Cyprus Tax Reform Affecting the Banking Sector

The Cyprus Banking Association has highlighted four main updates in the tax reform that impact both individuals and businesses. These changes relate to banking operations, loans, rental payments, and corporate income. The reforms aim to simplify financial processes, reduce costs, and increase transparency in...
Cyprus to Tighten Rules for Foreign Real Estate Buyers: Proposed Measures and Potential Impacts

Cyprus to Tighten Rules for Foreign Real Estate Buyers: Proposed Measures and Potential Impacts

The Cyprus Parliament is preparing a package of bills aimed at tightening control over real estate purchases by foreign individuals and companies. The changes are expected to be adopted as early as April 2026 — before the current parliament is dissolved ahead of the May elections. Authorities are concerned...
Kazakhstan and Cyprus to Be Connected by Direct Flights in Summer 2026

Kazakhstan and Cyprus to Be Connected by Direct Flights in Summer 2026

In the summer of 2026, Kazakhstan and Cyprus will be linked by direct air service. Air Astana has announced the launch of seasonal nonstop flights to the Republic of Cyprus, operating during the summer months. Flights to Larnaca will be available from both Astana and Almaty and will be operated using Airbus A321LR...
ReLux Estates Wins Luxury Lifestyle Awards 2026 for the Second Time

ReLux Estates Wins Luxury Lifestyle Awards 2026 for the Second Time

ReLux Estates is proud to announce its recognition as a Winner of the Luxury Lifestyle Awards 2026, receiving the title of Best Real Estate Consultancy Agency in Cyprus. This marks the second time the company has achieved this prestigious honor, following its first win in 2024, reaffirming its position as one of the...
INCREASED TAX-FREE INCOME FROM PROPERTY SALES IN CYPRUS

INCREASED TAX-FREE INCOME FROM PROPERTY SALES IN CYPRUS

As part of the tax reform planned in the Republic of Cyprus for 2026, the rules governing the taxation of income from residential property sales have been revised. The changes concern Capital Gains Tax (CGT) and include an increase in the amount of profit that is exempt from taxation when selling a...
Annual Orpheus Group breakfast

Annual Orpheus Group breakfast

Our annual Orpheus Group breakfast brought us together once again—this time at the stunning Amathus Hotel Thank you for the exceptional hospitality! @amathuslimassol With our teams from Orpheus Luxury Travel, ReLux Estates, Kelimera VIP Fast-Track Services, and Auto Life, we reviewed our 2025 achievements...
Winter Fair at The Island School: Where Community, Business, and Shared Values Meet

Winter Fair at The Island School: Where Community, Business, and Shared Values Meet

On December 14, The Island School hosted its much-anticipated Winter Fair — an event that has grown into far more than a traditional school celebration. It was a day when families, children, partners, and businesses came together to share a warm, welcoming atmosphere and a true sense of community. Beautifully...
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