Real Estate News

The most prestigious investors’ event in Cyprus started yesterday – the Cyprus Investors Summit 2015.

About 3000 property deals of residential real estate were completed in Cyprus in 2014, half of which turned to be for the sales of apartments.

Yesterday the authorities of Cyprus have announced that from Monday 16th February 2015, they will raise the limit for overseas transfers.

Today the President of the Republic of Cyprus Nikos Anastasiadis has arrived to Moscow with an official visit. His trip will last until February 27 and is extremely important for the relationship between Russia and Cyprus, especially considering the current international situation.

Vessel to be scuttled in Ayia Napa on Saturday for creation of artificial reef. An old war ship Kyrenia, donated by the government, will form the new artificial reef in Ayia Napa, the town’s mayor Yiannis Karousos told the Cyprus News Agency on Tuesday.

The presidents of the two countries - Cyprus and Russia signed a number of bilateral agreements and approved a joint action program for 2015-2017 years.

Accidents on the roads will be reduced by 40% thanks to surveillance cameras.

On the basis of the results of the Passenger Survey, revenue from tourism reached €43,7 mn in December 2014 compared to €37,6 mn in the corresponding month of the previous year, recording an increase of 16,1%.

On Sunday Koenig posted a tweet saying: “What do people in #Cyprus think about the week in Russia as seen from here? Anastasiades visit and statements, #Nemtsov assassination?”

Last Sunday, December 14th, 1000 Santas participated in the biggest charity celebration in the city.