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EY Cyprus report: Real estate trends in Cyprus and Europe – Emerging issues and challenges

EY Cyprus report: Real estate trends in Cyprus and Europe – Emerging issues and challenges

06.10.2023 Trends in the Cypriot as well as the European property market are reflected in the EY Cyprus report entitled “Mid-Year Industry Review: Cyprus Property” (October 2023). In particular, the..

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The architecture and design behind the Coeo Gladstonos Exclusive Residences project

The architecture and design behind the Coeo Gladstonos Exclusive Residences project

05.10.2023 An event was held in Nicosia to mark the 35th anniversary of Rotos Group . The company welcomed special guests on Gladstonos Street , in the Coeo complex Gladstonos..

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K. Yorkatzis : Impressive projects from the Rotos Group and common philosophy

K. Yorkatzis : Impressive projects from the Rotos Group and common philosophy

05.10.2023 “Our responsibility is to ensure a sustainable future for citizens and a cleaner environment,” said Nicosia Mayor Konstantinos Giorkatsis , who congratulated Rotos Group with the successes achieved. In..

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Nikos Rotos: We build neighborhoods that improve the standard of living

Nikos Rotos: We build neighborhoods that improve the standard of living

05.10.2023 “Our goal is to build neighborhoods that improve people's standard of living through large, unified developments, with sustainable architectural design and excellent construction quality,” said Rotos CEO and owner..

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In the final stage, the formation of a new comprehensive housing strategy with an emphasis on affordable housing

In the final stage, the formation of a new comprehensive housing strategy with an emphasis on affordable housing

04.10.2023 Every citizen's right to access safe and affordable housing is non-negotiable, and the government's efforts to formulate and activate a single comprehensive housing strategy are in the final stages,..

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VAT changes on November 1

VAT changes on November 1

03.10.2023 Looking back at VAT on real estate, Giorgos Chrysochos , Group Director at Cyfield , explains how VAT is changing and how anyone interested can benefit. In recent months,..

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Green light for a new tourism project worth €9.5 million in Paralimni

Green light for a new tourism project worth €9.5 million in Paralimni

02.10.2023 It is expected that a new project will be created in Paralimni with an estimated cost of 9.5 million euros, which will consist of 11 tourist villas and aims..

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The projects that are changing Nicosia and how the walled city is becoming a business center

The projects that are changing Nicosia and how the walled city is becoming a business center

02.10.2023 The strategic goal of the Nicosia Municipality is to invest in the restoration and revitalization of the city. The large new student residence on Voulgaroktonou , Arsinoua and Komninos..

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Building in the mountains

Building in the mountains

02.10.2023 Despite a review of local planning zones and a push to revitalize mountain areas, designers and town planners face some challenges. Building real estate in the mountains can mean..

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Ministry to simplify building permit application process

Ministry to simplify building permit application process

01.10.2023 The application process for low-risk projects will be simplified through changes to legislation. The law removes the need for planning and building permission for small developments, with the architect..

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Paphos property sales exceed €190 million

Paphos property sales exceed €190 million

29.09.2023 According to a report from Cypriot firm Ask Wire , the Paphos property market has seen a surge in property sales, with total transaction values exceeding €190 million in..

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The projects worth billions that turn Cyprus into a global business center

The projects worth billions that turn Cyprus into a global business center

28.09.2023 Cyprus meets all the requirements to become a global business and investment hub, says the Major Development Association, adding that the 15 members it represents have some of the..

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Ritz-Carlton Residences: Redefining luxury in high-rise projects

Ritz-Carlton Residences: Redefining luxury in high-rise projects

28.09.2023 Ritz-Carlton The Residences is a new high-rise building located on Amathoustos Avenue in Mouttayaka . The 33-story skyscraper is the city's new high-rise building, consisting of 182 residences, including..

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Ria Court 85: The new residential development of Panikkos Livadiotis Group

Ria Court 85: The new residential development of Panikkos Livadiotis Group

28.09.2023 New modern residential project RIA COURT 85 is being built by Panikkos Livadiotis Group in a privileged area of Larnaca , the Drosia area , specifically behind the Drosia..

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Ten unique homes available for sale in Cyfield’s ‘Lake’ residential project

Ten unique homes available for sale in Cyfield’s ‘Lake’ residential project

27.09.2023 With over 80 completed residences already sold, the Cyfield Group will soon complete its projects in the Archangelos area around Mangle Lake in Nicosia. In an idyllic location adjacent..

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Green Properties: NEW in the Acropolis area!

Green Properties: NEW in the Acropolis area!

26.09.2023 Green Properties presents another project in one of the most beautiful areas of the Acropolis. The project was called " Imperial" Residence ”, as the name suggests, it was..

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Macedon: a business center for the modern age

Macedon: a business center for the modern age

26.09.20233 The commercial property market is an integral part of the Cyprus economy and has experienced significant growth and development over the past few years. This is largely due to..

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ORA developers: The Marina of Ayia Napa and the projects of international scope in its portfolio

ORA developers: The Marina of Ayia Napa and the projects of international scope in its portfolio

25.09.2023 Ayia Napa Marina , ORA Developers continues to be lauded for its contributions to a number of other international projects characterized by incomparable aesthetics and high quality. Ayia Napa..

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Mixed Developments in the pipeline- Hotels, residential projects, offices and hospitals

Mixed Developments in the pipeline- Hotels, residential projects, offices and hospitals

24.09.2023 Mixed projects can have a significant impact on the further development of specialized tourism categories. The expansion of mixed-use developments, including hotels, hospitals, shopping centers, offices and housing, can..

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Prices ‘escalating beyond traditional expectations’

Prices ‘escalating beyond traditional expectations’

23.09.2023 The upward trajectory of property prices in Cyprus in recent years, driven in part by rising costs of building materials and increased demand, has raised concerns among experts including..

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Acquires 380 student residences by 2026 within the walls of Nicosia-The sponsorships

Acquires 380 student residences by 2026 within the walls of Nicosia-The sponsorships

22.09.2023 The Student Residences/Student Rooms Sponsorship Plan, with a total budget of €15 million and funding under the Recovery and Resilience Plan, which was presented by the Department of Urban..

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Limassol property offers best yields, Larnaca catching up

Limassol property offers best yields, Larnaca catching up

20.09.2023 According to research from a local real estate agency, properties in Limassol offer the highest returns on apartment rentals, generating returns of between 6.85% and 7.80%, while Larnaca has..

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How much do the shops “go” for – The prices for buying and renting in all cities

How much do the shops “go” for – The prices for buying and renting in all cities

19.09.2023 Buying and renting prices for commercial stores have risen, making it even more difficult for businesses to obtain financial data during difficult times. For example, in the most expensive..

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Paphos marina mired in paperwork

Paphos marina mired in paperwork

19.09.2023 Announcement of a competition to attract consultants to prepare documents for the Paphos project Marina has been delayed until mid-September due to a series of delays and complications. George..

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