News

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:..

Massive construction projects near Trikomo

01.06.2023 Advertisements for major new construction projects in the north of the island - focusing on Trikomo - sparked heated discussion on both sides of the watershed, and many were..

Commission calls on Cyprus to comply with EU VAT rules for dwellings

01.06.2023 The Commission of the European Union has called on Cyprus to bring its national legislation into line with EU rules on value added tax (VAT) for housing purchased or..

Apartments outshine houses in booming Larnaca property market

31.05.2023 In total, 1,929 apartments and 864 houses were sold last year. Cypriot company Ask Wire on Wednesday released a report detailing property sales, including houses and apartments, in the..

Limassol housing issue needs to be addressed, says Akel

30.05.2023 Akel General Secretary Stefanos Stefanou touched on the burning issue of affordability in Limassol on Tuesday , noting that the cost of homeownership and rent in the city is..

TANAS Development announcements flagship project TANAS One

30.05.2023 TANAS Development has recently unveiled the plans for their new project "TANAS One ". Located in Livadia, an area rising in popularity as Larnaca's main investment region , the..

EU rejects proposed VAT cut

30.05.2023 The European Commission disagreed with Parliament's compromise proposal to cut VAT on homes, MPs said on the House Finance Committee on Monday, amid a deadline approaching just over a..

G. Misirlis : The ” big” revaluation ” of real property is inevitable

29.05.2023 Sustainability is a big bet that the Cypriot real estate sector must make. Imperio Director Yannis Misirlis is setting the tone for Cypriot real estate by describing a brand..

SPOLMIK: Safety and health in construction projects – The ” Zero Accidents ‘ vision

28.05.2023 The Association of Civil Engineers of Cyprus (SPOLMIK), with over 250 delegates, organized the 8th International Conference on Safety and Health in Construction Projects in Nicosia entitled "Respect for..

Рroperty market too tight to mention

28.05.2023 Cyprus is facing a housing crisis as young couples are unable to enter the real estate market due to skyrocketing prices and supply is rapidly shrinking as thousands of..

€ 856mln development to upgrade Limassol

26.05.2023 A large scale mixed use project is under development in the Agia Fyla area of Limassol . The goal of the project is to turn the area into a..

‘ Property sale fluctuations unrelated to land registry attack ‘

23.05.2023 Property sales rose by 20 percent between January and mid-May compared to the corresponding period in 2022, according to the head of the Department of Lands and Surveys, Elikkos..

The response to increased costs is the development of construction and the economy

22.05.2023 The work of the OSEOK General Assembly was held today with absolute success at the Hilton Hotel in Nicosia in the presence of a large number of government officials,..

Stasikratous Residences: Cyfield’s imposing building is under construction

22.05.2023 Perhaps few could imagine themselves permanently residing in one of the tallest buildings in the capital, on Nicosia's most cosmopolitan street, Stasikratous . And yet Cyfield Group with a..

G. Panagiotou : The construction industry is very important for the development of the economy

21.05.2023 The construction industry is very important for the development of our economy and for the cohesion of our society, and it has an important role to play in terms..

Cyprus facing housing crisis

20.05.2023 "Cyprus is facing an unprecedented housing crisis that is primarily affecting the younger generation," President Nikos Christodoulidis said Friday as he laid the foundation stone for the Cyprus Land..

Cyprus property agents urgent to investment in cyber security

20.05.2023 President of the Board of Registration of Real Estate Agents Marinos Kineiro this week urged all stakeholders in the industry to invest in cybersecurity measures so as not to..

Tech Tower: A new luxury office development in Limassol is in the works

19.05.2023 A new luxury complex is being built in the central part of Limassol , in the municipality of Mesa Geitonia . It's Tech Tower , Project First class Homes..

Incentives needed to boost housing supply , Keve says

19.05.2023 Vice President of the Cyprus Chamber of Commerce and Industry (Keve) Andreas Demetriades this week drew attention to the worrying issue of soaring rental prices, which in many cases..

“Comitis Eco Village “: businessman behind the big development in Peristerona

18.05.2023 A project called Komitis Eco Village " is under public discussion, with the developer submitting an environmental study to the Department of the Environment. This is an investment worth..

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