Real Estate News
Surveillance cameras on the roads of Cyprus.
Accidents on the roads will be reduced by 40% thanks to surveillance cameras.
Revenue from tourism
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%.
Replacement of US Ambassador in Cyprus.
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?”
CytA Santa Run
Last Sunday, December 14th, 1000 Santas participated in the biggest charity celebration in the city.
Thaw in Capital restrictions
The authorities of Cyprus have eased the restrictions on capital movement that were brought into use in April 2013 following the bailout step – Reuters.
Limassol took third place amongst the ranking of top destinations on the rise
According to the TripAdvisor, Limassol took third place in the list of the most popular travel destinations «Top 10 Traveler's Choice Destinations on the Rise».
Limassol seafront line will become even more beautiful
Mayor of Limassol, Mr Andreas Christou, announced that the city authorities are trying to get 5 million euros from the EU funds in the period 2014-2020 for the renovation of the city seafront line.
Senvest International LLC - the fourth largest shareholder of Hellenic Bank
Canadian investment fund Senvest International LLC made has recently announced that its share of the Hellenic Bank has increased from 2.62% to 5.03%, which is 364,660,947 shares.
The number of property sales in Cyprus in 2014 grew by 20%
The total number of sales contracts of the real estate has increased by 20% in the year 2014, which made up a total of 4527 properties all together.
In September 2015 Ayia Napa will start to change the coastal zone
Ayia Napa has received an official permission to use 3.5 million of the state budget in order to improve and renovate the coastal zone in the region. Mr. Yannis Karusos, the mayor of Ayia Napa, announced that the city budget will cover 30% of the allocated funds.