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Real Estate News

Latest tax incentives are aimed to attract rich foreigners

Latest tax incentives are aimed to attract rich foreigners

According to Cyprus Property News, a 50 per cent cut in Property Transfer Fees and other tax incentives have been announced by the Cyprus President in efforts designed to attract high-net-worth foreign investors to the island.
Сommercial activities of Limassol Port

Сommercial activities of Limassol Port

Large shipping organisations have expressed interest in the commercial activities of Limassol Port, Minister of Transport, Communications and Works Marios Demetriades said on Monday.
Property transactions rise 15% in June

Property transactions rise 15% in June

The number of property transactions island-wide reported in June to authorities rose 15 per cent to 464 compared to the respective month of 2014, the department of lands and surveys said.
Russian-Cypriot Gala

Russian-Cypriot Gala

The Russian-Cypriot Gala, to be held in September at the Presidential Palace, aims to develop closer ties between the peoples of the two countries, long-time organiser Olga Balakleets said on Tuesday.According to Balakleets, who initiated the event after travelling to Cyprus 10 years ago and has been organising it...
Parliament approves casino bill

Parliament approves casino bill

В четверг парламент одобрил казино на Кипре, хотя и с несколькими поправками к правительственному законопроекту.
Are Greek ship-owners considering a move to Cyprus?

Are Greek ship-owners considering a move to Cyprus?

Due to the instability in Greece, Greek shipping companies are looking into moving to Cyprus.
Nicosa Anastasides meets Reuven Rivlin

Nicosa Anastasides meets Reuven Rivlin

President Nicos Anastasiades was welcomed officially in Jerusalem on Monday by the President of Israel Reuven Rivlin, at the presidential residence.

Saudi Arabia to ‘spare no efforts’ to develop ties with Cyprus

New Saudi ambassador, Athens-based Essam Ibrahim Bait Almal, presented his credentials on Tuesday to President Nicos Anastasiades
Commercialisation of the port of Limassol

Commercialisation of the port of Limassol

The Ministry of Transport will call for tenders by the end of this week to attract investors for the use of Limassol Port`s commercial activities.The announcement was made by Minister Marios Demetriades, who said the aim is to significantly expand port operations and transform Cyprus into a transit hub for port...
Projects worth €174 million announced for Nicosia

Projects worth €174 million announced for Nicosia

President Nicos Anastasiades on Thursday announced new infrastructure projects for Nicosia worth some €174 million.
Renaming airports in Cyprus

Renaming airports in Cyprus

The Cyprus Tourist Enterprises Association (STEK), which represents four and five star hotels has proposed that both of the islands airports should be renamed after famous icons from each area.
Archbishop faces competition in Yeroskipou project

Archbishop faces competition in Yeroskipou project

Archbishop Chrysostomos is facing serious competition in his plans to invest in a gigantic Yeroskipou project, worth hundreds of millions of euro.
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