News

Cyprus construction sector sees surge in permits and projects

08.08.2023 The Cyprus construction sector has seen a simultaneous increase in both the area and the cost of building permits issued by municipal authorities and district administrations during the first..

Intensive work for the new Cyprus Museum – XZA architects at the construction site

05.08.2023 Construction is in full swing on the new Cyprus Museum, a major cultural project that will beautify the site of the old Nicosia Hospital. The value of the state's..

The ERA Korivos building changed hands

04.08.2023 The well-known commercial building ERA Korivos in Paphos, which houses the department stores of the ERA group CTC (Siakola), has been in the possession of the property management department..

More less than €2 million will cost the Multipurpose Center of Dromolaxias-Meneu

04.08.2023 The cost of building a multi-purpose center for the municipality of Dromolaxia-Meneo is estimated at more than two million euros. The tender for the construction work of the Center..

Neocleous Tower: An iconic office building with “green” features in the heart of Limassol

04.08.2023 Neocleous Tower, a modern, sustainable, high-quality office building with state-of-the-art design features, will soon open its doors to accommodate large businesses and corporations. Taking advantage of the current dynamics..

The iconic €6.7m penthouse in Limassol Marina looking for a buyer

04.08.2023 Iconic penthouse in Limassol Marina is looking for a buyer and is up for sale at a price of €6.7 million. The notice of the sale of the penthouse..

New jointly-owned Buildings law approved

04.08.2023 The Council of Ministers, at its meeting today, approved the draft Law on the Management of Commonly Owned Buildings and Related Matters, which aims to establish a legal and..

Eden Residences: Minimalist elegance by the sea in Protaras

02.08.2023 With the magic of the endless blue sea of Protaras in a minimalistic modern design, Eden Residences by KARMA Developers evokes feelings of awe and wonder. Inspired by the..

The new six-storey office development in Larnaca

31.07.2023 The new office will be built in Larnaca , namely on Makariou III Avenue, between Salaminos and Marathonos Streets , in Chrysopolitissa District . For this project, an environmental..

Poseidon Residences: The high-end residential development on the Limassol coastline

28.07.2023 According to the schedule, the commissioning of the luxury residential complex Poseidon Residences on the coast of Limassol in the Mouttayakas area is scheduled for April 2024, when the..

HHP Health Park & Residences: This is what the big development in Lakatamia will look like

27.07.2023 Construction of the first 42 HHP Health apartments underway Park , a large mixed-use development that is set to transform Lakatamia . HHP Health Park and HHP Residences are..

Cyprus real property was introduced to investors from all over the world

27.07.2023 Investors from all over the world visited Cyprus, most of them from Europe and the Middle East, as part of the 3rd Cyprus Real Estate Study Tour, which took..

Cyprus rental costs on the rise across all property types

27.07.2023 In Cyprus, year on year prices increased by 12.2% for apartments, 4.6% for houses, 4.4% for offices, 1.2% for retail properties, 8.8% for holiday apartments, 3.7% on vacation homes..

The Icon’s blue ‘ Wild Kong ‘ has met his maker

25.07.2023 «Wild Kong» Limassol, an impressive blue sculpture overlooking the main entrance to The Icon, reunited with her creator. The French artist Richard Orlinski, known throughout the world for his..

How blockchain is revolutionizing the real property industry

25.07.2023 The real estate industry has long been considered traditional and has been slow to adapt to technological developments. However, the advent of blockchain technology and cryptocurrencies could revolutionize the..

Mountain resorts are blooming

23.07.2023 There is a growing interest in mountain resorts, especially in the Troodos region . For the flagship of the Pano mountain resorts Platres has seen an increased interest and..

The Link: The new €60 million commercial development in the capital

22.07.2023 The new commercial project is located in Nicosia, in particular, on Limassol Avenue, the cost of its implementation is 60 million euros. The development project will include apartments, office..

AQUA Residences: The towers that will be erected “inside” the sea in Larnaca

21.07.2023 With two new residential towers 67.7 meters high and 20 floors in total, which will also include dining areas, a swimming pool, a gym and a spa, Larnaca's beachfront..

June’s most expensive property sales

19.07.2023 The 10 most expensive sales totaled €39 million, of which the most expensive was a €12 million commercial property sale in the Limassol area. The area with the highest..

Top 50 properties sales generate €79 mln

19.07.2023 According to Ask WiRE, the 50 biggest real estate transactions in Cyprus in June brought in a total of 79 million euros. Ask Wire compiled the total value of..

Аction plan for the Modernization of Mackenzie District Plots

18.07.2023 Last Friday, 07/14/2023, the T /S Asset Management Advisory Committee (AC) met and decided to promote the implementation of the Mackenzie Area Modernization and Better Site Management Action Plan...

Larnaca marina to take shape in 2024

18.07.2023 The redevelopment of the marina and port of Larnaca will be in full swing from early 2024, when the €1.2 billion project will begin to take shape. “From the..

Home repair & maintenance costs rising

18.07.2023 House maintenance and renovation prices in Cyprus are on the rise, in addition to skyrocketing housing costs. And this is mainly due to rising prices for building materials, as..

Limassol blu Marine: Start of sales of the “Zeus Tower Signature collection”

17.07.2023 Leptos Group announced the start of sales of "Zeus Tower – Signature Collection", the second tower of the Limassol project blu marine . “We are very excited about the..

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