Real Estate News
RCB BANK LTD has successfully passed an asset quality review (AQR)
RCB BANK LTD has successfully passed an asset quality review (AQR) and the stress tests under comprehensive assessment conducted by the European Central Bank (ECB). The stress tests showed that the Bank’s Common Equity Tier 1 ratio (CET1) in the adverse scenario is more than twice the minimum requirements.
A lecture on the title deed subject has been fully booked within a week of its announcement
A lecture on the subject of title deeds which will take place early in December at the Technopolis 20 Cultural Centre in Paphos has been already fully booked.
The discovery of hydrocarbons can stimulate Cyprus and Lebanon reach stability
Cyprus and Lebanon believe that the discovery of hydrocarbons reserves in the Eastern Mediterranean can encourage both countries to take steps toward stability and cooperation in the region.
Christmas Holidays in Cyprus
This year people in Cyprus started getting ready for Christmas quite early.
Subsidiary company of Sberbank bought a stake in a gold mining company
"Sberbank Capital" bought 25.64% of GeoProMining Investment company registered in Cyprus
Growth of tourism in Cyprus
The number of tourists in Cyprus increased. According to data published by Statistical service of Cyprus for the last month, the number of the tourists who have visited the country, increased by 5,7%. Cypriots increased number of departures abroad by 11,4%.
The decline in real estate prices has noticeably slowed down
According to the Central Bank of Cyprus, apartment prices in Cyprus on average fell by 2.1% and house prices by 1.8%.
Property in Troodos Mountains
Buying a property in Troodos Mountains in Cyprus could not only be a perfect winter place where the whole family would gather together during the Christmas season but also it can be a great alternative to escape from the heat during summer.
Property sales in Cyprus increased by 26%
Property sales in Cyprus have been growing for six consecutive months!
The demand of the CIS citizens for the European real estate has increased
At the moment, the CIS citizens have been showing an increased interest toward the Western European real estate market.
Junior golf championship
The first international golf championship among juniors will take place on 21 September in Paphos. The Cypriot team will play against the Greek one. The Greek team consists of eight players — six young boys and two girls.