Real Estate News
November property sales up 46 per cent
The number of property sales in Cyprus continued their upward trend in November with sales rising by 46 per cent compared to November 2015 according to official figures from the Department of Lands and Surveys.
Cyprus real estate company sponsors a team in the Dakar rally raid -2017!
ReLux Estates is proudly announcing that it has become an official partner of Autolife: Starikovich-Heskes Team, the first ever team from Cyprus to partake in the world famous The Dakar Rally. Mr. Roman Starikovich, CEO of Orpheus Group will lead the Autolife Team through the deserts, salt lakes, jungles and...
Launched a new residential project in Limassol
In November 2016 launched a new residential project in Limassol with the name "I see."
New luxury project at Limassol
The end of the outgoing 2016 was marked by a new luxury project – Terra Tower, which was presented by Lebanese company at an exhibition in Beirut.
New Marina in Larnaca
The Ministry of Transport has unveiled its new plan to attract a strategic investor for the development of the Larnaca port and marina and includes berths for Giga yachts and cruise ships.
The property sales in December increased by 121%
December 2016 saw the largest amount of property sale and purchase deals in Cyprus since September 2008.
Science and technology park in Limassol area
Thai company Wyncoast is the only bidder for development and operation of a science and technology park in the area of Pentakomo, near Limassol.
New unique residential complex in Limassol
Cyprus property market continues to show significant growth and interest from buyers, both local and foreign citizens. As the result of this interest there are many new construction projects all over the island.
Victoria Nuland is expected to visit Cyprus
The Assistant Secretary of State for European and Eurasian Affairs at the US State Department,Victoria Nuland, is expected to visit Cyprus this Friday, 14th of October. The aim of the visit is to express support on behalf of the US administration to the intensive settlement talks that are taking place between...
Construction of the Radisson Blu Hotel & Residence in Cyprus
“According to CNA a franchise agreement has been signed between The Rezidor Hotel Group and Quality Group, the owning company of the hotel, which foresees the construction of an upper upscale, 105-unit hotel and serviced apartments in the port area of Larnaca” the press release said.
Property transactions rose 23% in October!
According to Cyprus Business Mail property transactions in Cyprus rose an annual 23 per cent in October, three months after the parliament passed a tax breaks package aiming at boosting activity in the real estate sector.
Cyprus property index. Positive developments
Cyprus property index published by British experts from RICS for the last quarter of 2015 has displayed that despite the trend of general property price reduction across the island, the actual coefficient of decrease has been gradually declining.