Real Estate News
Amendments in legislation regarding Cyprus Investment Program
On the 18 of August, 2020 the Council of Ministers of Cyprus accepted the following amendments in legislation regarding Cyprus Investment Program
Amazing villa in Platres for sale
The property is built on 1,624m2 offering beautiful and well-balanced external areas.
Cyprus Investment Program
The Government of the Republic of Cyprus has called for speeding up the process of issuing passports as part of the Cyprus Investment Program in the context of a coronavirus.
Results of the first half of 2020
Real estate sales in Cyprus have recovered to the level preceding the introduction of severe restrictions on movement in connection with the Covid-19 pandemic.
Exclusive complex in Akamas
The Akamas National Park lies on the west coast of Cyprus, a truly pictorial part of the island.
Coming soon… Grand Hyatt in Limassol!
The announcement of Grand Hyatt Limassol follows a significant expansion in Hyatt’s brand footprint in Europe over the last 12 months.
A new business center is planned to be built in Larnaca.
It will take a year and a half to build a 12-storey Trophy building with a height of 60 meters. At the moment, The Cyprus Department of the Environment is studying this application.
Pandemic strengthened Russian interest in “ Golden Passports”
During the coronavirus pandemic, wealthy citizens of the Russian Federation became much more actively interested in the possibility of acquiring passports of other states.
Cyprus Property Sales during the pandemic
Cyprus property sales declined significantly as a result of COVID-19, as the pandemic caused the island's real estate market to be deeply frozen.
CONSTRUCTION PERMITS
According to the Cyprus Statistical Service, building permits are a key indicator of future activities in the construction sector.
SALT LAKE CITY
“City in the city” - this is the concept of the project, whose name is Salt Lake City, located in the Skala area in Larnaca.