News

Sunshine and strain – a market divided

30.04.2024 A booming economy (projected growth of 2.7% in 2024), resurgent tourism and impressive fiscal discipline (budget surplus averaging 2.3% of GDP from 2023 to 2028) make Cyprus appear prosperous...

Property valuations every five years

30.04.2024 The Council of Ministers has submitted a bill to Parliament to reduce the frequency of general property assessments carried out by the Cyprus Land Department from three to five..

Leptos Group: The history since 1960, the landmark projects and the activities today

30.04.2024 1960 was the decade that marked the beginning of Leptos Group . The founder of the company is Michalakis G. Leptos , who played an important role in the..

Cyprus real estate agents back property law amendment

30.04.2024 Cyprus real estate agents have backed a new bill on the frequency of property valuations, saying it will ease the burden on the Cyprus Land Department, allowing it to..

Projects planned by the Government of Cyprus for 2024

29.04.2024 According to a presentation of the Interior Ministry's work report for the first year of Christodoulides's government and the program for 2024. The revision of plans is associated with..

Ask Wire: The 10 most expensive real estate sales in Cyprus in March

29.04.2024 Ask Wire, a company that combines real estate expertise with technology, has compiled and published data on the 10 most expensive real estate transactions completed in March 2024, as..

Domenica Group: Successful completion of ‘Universal Residences’ – An exceptional living experience

29.04.2024 Domenica Group announces the successful completion of the project " Universal Residences " in the Universal area of Paphos. « Universal Consisting of 5 buildings and 49 1, 2..

Wealthy migrants are welcome in Cyprus

28.04.2024 Cyprus is considering relaxing residency requirements for wealthy foreign nationals under proposed legislation . The proposed legislative changes would grant residence permits to third-country nationals who invest €250,000 in..

Cyprus property market continues to be sustained by foreign buyers

26.04.2024 External reasons combined with the economic conditions of Cyprus are influencing both local and international demand in the local real estate sector, according to Michalis Tsangaridis, director of Delfi..

Boat owners outraged as marina project remains in limbo

26.04.2024 Larnaca marina project with an investment of 1.2 billion euros is still not resolved, the management company, which has not yet paid the guarantee fee, is trying to increase..

Angelonia Gardens 2 and Serenity Court the two new projects of Aristo Developers in Paphos

25.04.2024 Aristo Developers announces the start of sales of two new residential projects - Angelonia Gardens 2 and Serenity Court - in the center of Paphos. Angelonia Gardens 2 includes..

Larnaca port & marina investment in jeopardy

25.04.2024 Larnaca Port and Marina is unprecedented and, based on current data, appears to be under threat. Until Tuesday afternoon, not only had the disputed port guarantee not been deposited,..

Ask Wire: Female leadership and company growth momentum recognized

23.04.2024 Ask WiRE, a leading provider of comprehensive property profiling and data analytics services, has achieved another major milestone. The company was included in the famous third edition of the..

BBF: value-for-money homes for less than €320K

23.04.2024 BBF: is a recognized leader in the field of residential and commercial development with headquarters in Limassol and branches in Larnaca , Paphos, Nicosia and Athens. The name BBF:..

“Country Homes 2”: Cyfield’s new residential development in Lefkara – A complex of 17 homes

20.04.2024 In one of the most famous and traditional villages of Cyprus, in Lefkara , Cyfield Group is building 17 unique residences. The residences are located 10 minutes on foot..

Limassolians to protest against high rents

22.04.2024 A protest against high rents in Limassol will take place on Saturday, April 27, starting at 17:00 in the square in front of the district administration building on Anexartisias..

Cyprus’ antediluvian swimming pool laws set to change

21.04.2024 A new law passed in Cyprus will eliminate the need for lifeguards for swimming pools in complexes of fewer than five residential units. Previous rules were so strict that..

Real Estate: Most Wanted Areas by Province – What Deloitte Research Reveals

20.04.2024 Interesting insights into the regions that saw the most property sales in 2023 can be gleaned from Deloitte's report on the Cyprus property industry. 2023 was a record year..

5% VAT rate on new homes extended

20.04.2024 The Cyprus Parliament has passed a law allowing beneficiaries to claim a reduced VAT rate of 5% for a year after acquiring their main residence. The law was adopted..

Euphoria Lifestyle Apartments: Giovani Homes’ new project in Paralimni

18.04.2024 New project Giovani Homes, Euphoria Lifestyle Apartments , due for completion in late 2024, is a game-changer for the residential property sector by placing a human-centric approach as a..

Trilogy Plaza Opening: Everything you need to know about the new destination of Limassol

18.04.2024 Owners of offices and apartments in the two front flagship towers of Trilogy Plaza accept their properties. Along with this important event, construction of a 6,850 square meter public..

Larnaca port & marina developer renewing financial guarantee

18.04.2024 Kition Ocean Holdings , the consortium responsible for the development of Larnaca port and marina , agreed to extend its financial guarantee following a meeting on Monday chaired by..

Criteria of the residency through investment scheme

16.04.2024 In today's world, many people choose to migrate to other countries in search of better opportunities for themselves and their families, both in terms of career advancement and a..

INEX: Building for the future… The group’s philosophy, plans and major projects

16.04.2024 Innovation, technology and sustainable development. These principles are the focus of the INEX group of residential and commercial development companies , which, according to its managing director Sergei Kudryavtsev,..

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