Real Estate News
Lavrov to visit Cyprus by year end
Russian Foreign Minister Sergey Lavrov is to visit Cyprus by the end of the year, it emerged on Tuesday when he and his Cypriot counterpart Ioannis Kasoulides exchanged greetings to mark the 55th anniversary of the establishment of diplomatic relations between Cyprus and Russia.
The new storage depot at Vasilikos
ACTIVITY on the once bustling Larnaca coast road, home to dozens of energy companies, is finally grinding to a halt as operations move to Limassol.On Monday, the Ministry of Energy announced that its fuel storage facilities had finally been moved from Larnaca to Vasilikos.With the new storage depot at Vasilikos now...
Property sales grew up by 22 per cent In July
A total of 496 contracts for the purchase of commercial, residential properties and land plots in Cyprus were deposited at Land Registry offices during July; overall, there was a total increase by 22%. In comparison to last year, there were 407 contracts deposited in July 2014.
Sales increase in Cyprus.
Sales increase in the sphere of real estate in Cyprus proceeds the fifth month in a row, both on internal, and on foreign the markets. Paphos appeared the leading city in this sphere on the island.
A multinational Search and Rescue exercise is set to begin
A multinational Search and Rescue exercise in the Exclusive Economic Zone of Cyprus is set to begin.NEMESIS 2015 is taking place with the participation of SAR Units and personnel from Cyprus, Israel, Greece, and the United States.Naval and air SAR Units from the participating nations will take part the exercise under...
Cabinet approves hidden mortgages bill
According to Cyprus Property News, following today’s meeting of the Cabinet (Council of Ministers), Interior Minister Socrates Hasikos explained some of the key points of the ‘hidden mortgages’ bill designed to enable several thousand people to get the Title Deeds to the property they purchased.
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
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
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
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
В четверг парламент одобрил казино на Кипре, хотя и с несколькими поправками к правительственному законопроекту.
Are Greek ship-owners considering a move to Cyprus?
Due to the instability in Greece, Greek shipping companies are looking into moving to Cyprus.