Real Estate News
Amazing bargains to be had in Cyprus
While sales are reportedly down 28% over the last couple of months according to OPP (Overseas Property Professional) the fact still remains that property is being sold with price tags slashed by up to 1/3 from their high value.
Cyprus Union Real Estate appraisers warn people to ...
Cyprus Union Real Estate appraisers warn people to be careful when choosing a specialist in property appraisals.
Russian advice a ‘slap in the face for Turkey’ says minister
AN OFFICIAL Russian Federation warning to its citizens against buying Greek Cypriot properties in the north is a “powerful slap in the face” for Turkey, Foreign Minister Erato Kozakou-Marcoullis said yesterday.
the Cyprus Parliament has amended the current legislation regarding the imposition of VAT on the acquisition of new properties.
Last week, the Cyprus Parliament has amended the current legislation regarding the imposition of VAT on the acquisition of new properties. The current VAT rate was 17%.
New easy citizenship rules for foreign investors.
April 15, 2013 The Ministry of Internal Affairs of Cyprus has decided to grant the Cypriot citizenship under special conditions.
VAT refund information about reducing VAT from 17% to 5%
June 8, 2012 by force of law of the Republic of Cyprus № 73 (1) / 2012, amending the Law on Value Added (VAT law) of 2000, under the new law, from now on the acquisition of real estate not only the citizens of the Republic of Cyprus or the EU and third country nationals will be charged a reduced rate of VAT of 5%...
Troika must consider title deed fiasco in seizures' proposal
THE need to address the title deeds fiasco is more urgent than it has ever been as the troika move in to sort out the banks’ non-performing loan (NPL) portfolios, property experts have said.
Noble Energy will begin drilling for natural gas
Noble Energy will begin drilling for natural gas at a new appraisal well off Cyprus on 07.06.2013
Eco Smart Vision by Leptos
Saturday 16th October 2010 – Leptos Group, the leading property developer in Cyprus, today announced the start of an Eco City project anticipated to generate a gross development value (GDV) in excess of €2.5 billion offering sustainable annual returns to its investors during the 13 year development period. The project...
“DOMEXPO” Exhibition
ReLux Estates will attend the XXIV International Real Estate Exhibition "DOMEKSPO. We invite you to visit our stand (No. F133). We will be glad to see you all!
Qatar invests in Cyprus
Cyprus and Qatar signed a contract to build a multimillion-dollar luxurious project, which will include a hotel, business and residential complex with facilities worth $ 150 million in the downtown of the capital of Cyprus, Nicosia. In June 2011, the emir of Qatar, Sheikh Hamad bin Khalifa al-Thani and his son will...
DOMEXPO in Moscow
ReLux Estates is pleased to announce our participation in one of the most prestigious International Real Estate Exhibitions, DOMEXPO in Moscow, which took place between the 24th-27th of February.