Real Estate News

Denmark’s new Ambassador, Mette Knudsen has said that Cyprus` economic recovery is making a lot of progress lately by moving ahead of the planned schedule, and that has been recognized by the partners of Cyprus.

“Renova Group” became the second largest shareholder of the Bank of Cyprus

The number of Russian tourists in Cyprus this year has increased in comparison to the previous year - according to the data of Association of Tour Operators of Russia.

September 17 the official opening Minthis Hills, the project company Pafilia Property Developers

European Bank for Reconstruction and Development (EBRD) has declared its will to invest about € 800 million in the economy of Cyprus, mainly in the sectors of energy and tourism, as well as the privatization of parastatals and some other large projects that are valued at € 10 million each.

Star Oil manager Giorgos Petrou said recently that mostly all fuel companies of Cyprus will be lowering fuel prices due to the global drop in oil prices.

Today, the board of directors of Bank of Cyprus includes 13 people, including five representatives of the Russian Federation.

The sales director of BuySell Cyprus, Chris Hajikyriacou, has recently pointed out that - “Now is the time to buy, otherwise you’re going to miss the boat”. His forecast about the market’s prospects seems to be very optimistic and most importantly encouraging for the potential investors. He told the Mail that demand...

Although, we have already posted about the Limassol Marina project, we simply can't get enough of it. It has been a month since the official opening, thus it is just about time to make a feedback!

According to the Statistical Service, tourist arrivals in Cyprus have grown by 11% in June, reaching a number of 342,221 tourists, compared to 308,219 in the corresponding month last year.

A spectacular event awaits all football fans - Russian Zenit football club is having a match with Cypriot AEL team.