Property News

The financing of the Famagusta masterplan is expected to be announced during an upcoming visit to the island by US Vice President Joe Biden, the Cyprus News Agency quotes well informed sources as saying.

From June 7 to begin spectacular "Games Aphrodite" named in honor of old used the popular battles. Will be the venue for beach Parekklisia near Limassol. It is the largest international event of its kind throughout the Mediterranean and the participation in it will be athletes from Europe and the Middle East.

With a two-day visit to Cyprus visited Deputy Foreign Minister Alexei Meshkov. During this time he met his counterpart - Cyprus Foreign Minister Ioannis Kasoulides, and then, at the presidential palace, he was received by President of the Republic of Cyprus Nikos Anastasiadis.

Property sales in Cyprus increased for the third consecutive month in May with strong growth recorded in all districts compared to May 2013 according to the latest figures from the Department of Lands and Surveys.

The land on which the Kimon Phinikoudes project in Larnaca is to be built together with its designs has been sold by the Lefkaritis family to a group of Russian investors for an undisclosed sum.

Cypriots confirmed the reputation of one of the most optimistic nations of the Europe. According to a study Cyprobarometer, which was attended by 1,006 people, 9 out of 10 Cypriots satisfied with their lives. Amazingly, 24% of respondents expressed confidence that the state of the Cyprus economy will improve in the...

The country with the most favorable tax regime in Europe is the Republic of Cyprus.. The study was conducted by the consulting firm KPMG and is based on a survey of experts in the field of taxes from more than 400 European companies.

Special offer for those who would like to spend an unforgettable holiday on the island of love and beauty - in wonderful Cyprus!

Property sales in March increased 20 percent compared to the corresponding period last year according to official statistics published earlier this week by the Department of Lands and Surveys.

Registered owners of property who pay their annual Immovable Property Tax for 2013 to the Inland Revenue Department before the 31st August 2013 will receive a 10 per cent discount.

A Cypriot MP has tabled a bill for discussion at the House Finance Committee requiring property buyers to pay Immovable Property Tax even though they do not have the Title Deeds to the property they have purchased.