Property News

THE need to address the title deeds fiasco is more urgent than it has ever been as the troika move in to sort out the banks’ non-performing loan (NPL) portfolios, property experts have said.

Noble Energy will begin drilling for natural gas at a new appraisal well off Cyprus on 07.06.2013

Saturday 16th October 2010 – Leptos Group, the leading property developer in Cyprus, today announced the start of an Eco City project anticipated to generate a gross development value (GDV) in excess of €2.5 billion offering sustainable annual returns to its investors during the 13 year development period. The project...

ReLux Estates will attend the XXIV International Real Estate Exhibition "DOMEKSPO. We invite you to visit our stand (No. F133). We will be glad to see you all!

Cyprus and Qatar signed a contract to build a multimillion-dollar luxurious project, which will include a hotel, business and residential complex with facilities worth $ 150 million in the downtown of the capital of Cyprus, Nicosia. In June 2011, the emir of Qatar, Sheikh Hamad bin Khalifa al-Thani and his son will...

ReLux Estates is pleased to announce our participation in one of the most prestigious International Real Estate Exhibitions, DOMEXPO in Moscow, which took place between the 24th-27th of February.

Due to the continuing unsettled problem of the divided Cyprus and the likelihood of entry of Russian citizens to the north of the island - the territory occupied by Turkey since 1974, and concluding there Russians commercial transactions, including real estate purchase, avoiding the authorities...

In the near future, Cyprus will witness the construction of several high-rise buildings. The latest plan for the revival of the capital Nicosia, as well as the coastal city of Limassol, provides for the construction of several super high buildings.

Cyprus has always been a popular destination among Russians; however, today it acquires a special significance. To own property in Cyprus is becoming more and more prestigious. The island is again in vogue in the Russian elite. Many Famous politicians, businessmen and representatives of the Russian show business...

The construction of a new port and marina is about to start in Larnaca. Dinos Lefkaritis, the president of the Association of Tourism and Promotion of Larnaca District, anticipates that the construction works on the project are to begin in January 2012.

Experts project that in 2011, the real estate market in Cyprus will finally reach stability. Some developing companies are already relying on the Russian consumer. It is much anticipated that the Russians will continue to purchase property in Cyprus. The island attracts them with a favourable climate, excellent...

The Town Planning and Housing Department has reached 60 years of operation. In this regard, the authorities plan to reorganise and upgrade the department. According to the Minister of the Interior, Neoklis Sylikiotis, the measure is necessary for the social and economic development of the Island.