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Cyprus real estate reliant on foreign buyers

19.06.2023 While there is considerable potential for foreign investment in the Cyprus property market, it also comes with inherent risks. Foreign investment is inherently volatile, influenced by numerous dynamic factors..

Evolving trends in Cyprus real estate market

19.06.2023 The Cyprus property market is experiencing the most active year since 2008 in 2023, as can be seen from the total number of sales contracts submitted to the Land..

Ritz-Carlton Residences: The high-rise building that brings new values to luxury

18.06.2023 An iconic high-rise building, the Ritz-Carlton Residences, will appear in Limassol. The 33-story luxury tower offers a rare collection of residences and unique penthouses. The high-rise building in Muttayaka..

Green Properties: Sales completed in the Unique Residence project

16.06.2023 Green Properties has successfully implemented a unique residence project in the Acropolis area. The project consists of eight apartments with energy efficiency A (six apartments with two bedrooms and..

Two new projects worth €8 million in Larnaca

15.06.2023 At the beginning of January, two projects in the center of Larnaca, worth about eight million euros, start to be completed and are expected to be completed in the..

The Mayor of Limassol asks the Ministry of Interior to speed up urban planning projects

15.06.2023 As part of yesterday's meeting at the Ministry, Limassol Mayor Nikos Nikolaidis raised the issue of speeding up procedures for a number of pending urban planning projects, especially the..

Limassol Greens: The first residential units and the golf course are delivered in 2024

14.06.2023 On Tuesday, June 13, in the presence of media representatives, partners and interested parties, during a special ceremony held at the company's new sales office, the most anticipated golf..

Abandoned Sodap winery acquired for €32 million

12.06.2023 This week, a report was published according to which Cypriot investor Alexei Gubarev recently purchased the plot of land on which the Sodap winery was located for more than..

In business centers and the towers intended for business housing

10.06.2023 Various office buildings are being built in Cyprus to house businesses. Basically, the construction concerns business centers , high-rise buildings and towers in various areas of Cyprus, with most..

ANGELICO Lifestyle Apartments: The new development of Giovani Homes in Kapparis

09.06.2023 The project of a luxury residential complex, which is a new development point for Protaras, has been approved by Giovani Homes and is called Angelico Lifestyle Apartments. It is..

5% VAT on smaller first homes

09.06.2023 Nicosia is hoping to persuade Brussels to end its lawsuit against Cyprus after MPs approved a 5% VAT law for small first homes that is not in line with..

Cyprus parliament approved reduced VAT rate 5% for 130 sqm of primary residence

09.06.2023 The plenary session of the Cypriot Parliament on Thursday almost unanimously adopted a law allowing a reduced VAT rate of 5% to be applied to the first 130 sqm...

Law on first homes reduced VAT pass

09.06.2023 Almost unanimously and under close scrutiny from Brussels, Parliament on Thursday passed a law that would cut the 5% VAT rate on the purchase of a first home in..

Building permits decrease in Q1, increase in value and area

09.06.2023 In the first quarter of 2023, the number of building permits issued decreased compared to the corresponding period of the previous year, however, the total cost and area of..

Paphos real estate market sees surge in luxury properties

08.06.2023 Luxury properties worth over €400,000 are driving the Paphos housing market in 2022. On Thursday, Cypriot company Ask Wire released its 2022 Paphos property market report, including an analysis..

Residential Property Price Index up by 6.6% in Q4 2022

08.06.2023 Rising construction costs and growing demand have led to a continued increase in house prices in the fourth quarter of 2022. According to the Central Bank of Cyprus (CBC),..

High turnover and six-year record in real estate sales

07.05.2023 The best performance for this year was recorded for real estate sales in May 2023 after December 2017 (1537) . According to the Department of Lands and Surveys, property..

Leptos unveils Block 8 of Mandria Gardens development

07.05.2023 Leptos Estates is proud to present Block 8, a new addition to the Mandria Gardens residential complex. Situated in the beautiful Mandria area of Paphos, Block 8 is a..

Real estate market facing ‘giant problem’

07.05.2023 Real estate experts on Tuesday warned of a "giant problem" in the real estate market, as the impact of external factors, including inflation and high interest rates, is increasingly..

The new tower that will be erected near Limassol Marina

06.06.2023 COSTA PALONA LTD is planning to build a new 11-storey office building in Limassol. The company has submitted an environmental impact assessment to the Environmental Protection Agency and the..

Stakes raised in 5% VAT rules fiasco

06.06.2023 The European Commission has decided to send a reasoned opinion to Cyprus in connection with non-compliance with EU VAT rules in relation to housing purchased or built in Cyprus...

Larnaca: The construction works of the Salina Municipal Park have started

05.05.2023 Construction work has begun on the Salina Municipal Park, which will include an artificial lake. The project will cost approximately 2.4 million euros and is expected to be completed..

Stylish contemporary living in Limassol

04.05.2023 Charming tranquility and a unique range of amenities on site blend perfectly to offer a harmonious lifestyle in one of Limassol's most popular destinations. The result is a sophisticated,..

Five penthouses in Limassol looking for a buyer

01.06.2023 Luxurious penthouses, priced from €500.400, in various areas of Limassol are looking for a buyer. We present you five of the best penthouses. Two bedroom penthouse in Agios Athanasios:..

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