Real Estate News
The amount of water in dams in February, is the highest rate of precipitation over the past 20 years.
The Water Development Department said on Wednesday that February’s rainfall, with that expected in March and April would be enough to satisfy needs for two years.
In January 2015 a total number of property sales in Cyprus has increased by 10% in comparison to January 2014
According to official statistics announce by the Department of Lands and Surveys, the number of properties sold in Cyprus during January 2015 has increased in comparison to the number of properties sold in January 2014.
Over €1 billion in fresh capital from abroad
The property development sector has brought in over €1 billion in fresh capital from abroad over the past two years
Cyprus is using green electricity.
Recent data show that on the island, the use of clean energy has already reached 8.1%. Indicators 10 years ago were not very high, only 3.1%.
Builders seek VAT reduction
Constuction companies want VAT reduced to 5.0 per cent to stimulate the flagging sector.
Cyprus gas reserves to be put up for sale
US-based Noble Energy will declare gas reserves discovered offshore Cyprus commercially viable in the next few weeks, the government said on Tuesday.
Subsidy for the upgrade of residential buildings
The energy ministry has announced proposals for the upgrade of residential buildings.
Record number of participants in Cyprus Cycling Tour 2015
With less than ten days to go until the start of the Cyprus Cycling Tour 2015, a record number of participants have expressed their interest in participating, according to organisers.
Colin Wright: Cyprus’ Economy Headed for Better Days
The Executive Vice President of the Buena Vista Hospitality Group, Colin Wright, gave an interview to Gold News, regarding the largest wellness spa resort in Cyprus Europe - the Fortune Health Resort.