News

Commencement of excavation works for the construction of the new residential project ” Ria Court 85″

07.02.2024 Panikkos Livadiotis Group announces the start of construction of a new project “RIA COURT 85”. This is a four-story building that will be located in the very center of..

The major projects that play a leading role in the development path of Cyprus

07.02.2024 Large developments will be the protagonists in Cyprus' development path, it notes, citing major projects in its portfolio with a total value of more than €8 billion. The projects..

Avenue 15: The premium business center of Limassol in Makariou

One of the most innovative Property projects Gallery in the center of Limassol , " Avenue 15", is now fully operational. The Premium Class A Business Center has already established..

Large projects worth over €8 billion in the pipeline

07.02.2024 The Association of Major Investment Projects stressed that major projects will continue to be an important factor in the growth of the Cyprus economy. Their portfolio includes projects with..

More ways to access solar power needed

05.02.2024 Energy costs are currently rising and this is becoming a serious problem. In response, the government is introducing various incentives to encourage investment in solar energy. Solar energy is..

Cyprus real estate market sees 3,534 transfers worth €517.3 million

03.02.2024 According to comparative real estate sales data, a total of 3,534 property transfers were completed in the fourth quarter of the previous year. The total value of the property..

The real estate sector resilient against adverse pressures – The picture by province

02.02.2024 In the fourth quarter of 2023, the real estate sector demonstrated resilience to the negative pressures of inflation, high lending rates and high prices. According to the comparative real..

Multi-complex development in Palodia -University, residences and Research Center is being prepared by bbf :

02.02.2024 A public consultation is currently underway on a consolidated development of large and complex land uses in Palodia , in the Limassol region . According to the environmental impact..

EBE: Limassol as a whole urgently requests the maintenance/upgrading of the Tsireion

01.02.2024 Limassol Chamber of Commerce and Industry (EBEL) convened an important meeting at its offices to address the ongoing stagnation in the implementation of the long-awaited maintenance works of the..

Cyprus property buyers get increased legal protection

30.01.2024 The Republic of Cyprus has strengthened legal protection measures for property buyers thanks to amendments to the laws on the sale of real estate (special execution) for 2011-2020. These..

Limassol dominated the Cypriot property market in 2023

30.01.2024 Among the fifty largest property transactions completed in Cyprus in 2023, the most expensive single transaction was the sale of a plot of land in the Limassol municipality for..

Top 50 property deals net €286 mln

30.01.2024 According to Ask Wire , the 50 largest property transactions in Cyprus last year totaled €285.8 million . Technology and property consultancy experts said the top ten property sales..

The 10 golden deals of 2023 in real estate-Which city and province monopolizes transactions

29.01.2024 The Cyprus property market has seen remarkable activity in 2023, with a number of major transactions highlighting continued investor interest in high-quality properties on the island. Below is an..

Limassol Del Mar is “most Instagrammable building”

29.01.2024 Famous Limassol building Del Mar has cemented its status as the most Instagrammable building in Cyprus, amassing over a thousand posts . This high-rise boasts a unique curved design..

Marco Polo: The luxury tower is nearing completion

29.01.2024 Work on the luxury Marco project is nearing completion Polo on the coast of Limassol , which is being built in the eastern part of the city, namely in..

Solar panels and cheaper electricity

28.01.2024 In Cyprus, rising electricity tariffs are becoming a major problem for many households, forcing the government to introduce various incentives to encourage investment in solar energy. The goal of..

Market-driven property price reductions may be short-lived

27.01.2024 The Cyprus property market is preparing for a challenging year, which will be impacted by both natural price declines caused by market factors and supply chain disruptions due to..

YOO Limassol: In a new era the construction of the luxury residential development

27.01.2024 Project YOO Limassol Inspired by Starck Cyprus, inspired by the internationally acclaimed French designer Philippe Starck, is entering an important phase of development. The long-awaited coastal project, created in..

Bill to halt auctions for ‘Mortgage-to-rent’ applicants passed

26.01.2024 The House of Representatives unanimously passed legislation on Thursday that would see property auctions stopped if a mortgage debtor applies for the Mortgage to Rent scheme. According to the..

Cyfield is preparing two high-rise residential developments in the center of Nicosia

25.01.2024 After the impressive "360 Nicosia ", the tallest building in the capital, located on Makariou Avenue , as well as the " Stasikratous" complex Residences " on Stasikratous Street..

“Panorama” in Platy Aglantzias , Cyfield’s new residential proposal

24.01.2024 In the beautiful area of Plati Aglanzias , Cyfield will build a new modern project “ Panorama ”. These are two modern three-story houses, which will house three-room apartments..

Ritz-Carlton Residences: Complete and counting down to grand opening

24.01.2024 Ritz-Carlton skyscraper Residences on the coast of Limassol , on Amathoustos Avenue , in Mouttayaka , have been completed and are preparing for the grand opening. The 33-story skyscraper..

Rent or buy? Tough choices as prices surge

22.01.2024 Against the backdrop of record high real estate prices, thousands of citizens, especially young couples, are faced with a difficult choice: to rent a home or buy it? This..

Commission green lights law on reduced VAT for primary residence

22.01.2024 The European Commission has approved a law passed by Parliament to reduce the VAT rate to 5% on the purchase of primary residences, Finance Minister Makis said. Keravnos on..

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