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Unlocking a new era of real estate transactions

27.08.2022 My father called me on my Erickson T10 and asked, "Do you know how to use this computer number thing?" (a fair description of Excel by a man who..

Beach villas are rented for up to €35,000 per month

26.08.2022 Villas in areas close to the sea are rented for tens of thousands of euros per month. On the new real estate website, available from licensed real estate agents,..

Net decrease in deposits and loans recorded in July

26.08.2022 In July 2022, total deposits reached €51.2 billion and total loans reached €28.6 billion, representing a net decrease compared to June. This is evidenced by data on deposits and..

CySEC monitoring BoC takeover offers, Senvest increases share percentage

26.08.2022 Cyprus Securities and Exchange Commission (CySEC) Chairman George Theocharides said on Thursday that the commission is closely following non-binding takeover bids submitted by private equity firm Lone Star to..

The state of business in Cyprus now

26.08.2022 Deputy Minister of Shipping Vassilis Demetriades met on Thursday with the director of the Panama Seamen's General Directorate, Capt. Juan Maltes, and Panamanian Ambassador Julia Liberopoulos to discuss a..

Altamira Real Estate: Week of apartments at attractive prices

25.08.2022 Altamira Real Estate is back with a bang after the summer holidays with 70 exciting new properties in all provinces of Cyprus at particularly attractive prices. Highlighting this week's..

Green for the construction of a new “tower” in west Limassol

25.08.2022 The Environmental Protection Agency has given the green light to a new development in the western part of Limassol called "Walton Tower". Specifically, it is located on the western..

The CySEC is monitoring the BOC takeover bids

25.08.2022 The Cyprus Securities and Exchange Commission (CySEC) is closely following Lone Star's non-binding takeover bids for the Bank of Cyprus and is consulting with both the Bank of Cyprus..

Facts about doing business in Cyprus today

25.08.2022 Deputy Minister of Tourism Savvas Perdios said on Wednesday that two main schemes are being prepared to improve the tourism product of Cyprus. These include the improvement and modernization..

Cyprus real estate overcoming price shocks

25.08.2022 After two years of lockdowns and Covid restrictions, the momentum in the Cyprus property market is going through a cost-of-living crisis and rising commodity prices caused by the war..

Ukraine war and soaring inflation continue to bruise Cypriot economy

24.08.2022 According to a report published this week by the Center for Economic Research at the University of Cyprus, external geopolitical uncertainty and soaring inflation continue to weigh on the..

Everything about today’s business in Cyprus

24.08.2022 Cyprus-based Point Nine announced on Tuesday that it has been named one of the top 50 companies to watch in 2022 by The Silicon Review, one of the world's..

Cyprus Airbnb rentals starting to pay off

24.08.2022 The Airbnb industry in Cyprus is experiencing a resurgence after more than two years of lockdowns and travel restrictions, as the number of tourist resorts grew by 20% year-over-year..

Cyprus Fintech Summit 2022: #CFS2022 – it’s that feeling again!

23.08.2022 Cyprus Fintech Summit is an international summit dedicated to the future of technological innovation in the financial services industry. Top level speakers from Cyprus and abroad engage in meaningful..

Composite Leading Economic Index down 2.4% in July

23.08.2022 The Cyprus Composite Leading Economic Index (CCLEI) recorded a 2.4% annual decline on July 2, 2022, following a 1.5% annual decline recorded in June 2022, based on the latest..

Government will study Audit Office’s report on passports

23.08.2022 The government will examine a report published Monday by the Accounts Office on Cyprus' passports and investment program, which granted citizenship by investment, spokesman Marios Pelecanos said after a..

Сabinet amends interest rate subsidy scheme

23.08.2022 On Monday, the Cabinet of Ministers decided to amend the interest rate subsidy scheme for housing and corporate loans to further support the economy amid the ongoing impact of..

Substantial copper resource base established in Cyprus

23.08.2022 Ariana Resources, an exploration and development company with gold mining interests in Europe and listed on the Alternative Investment Market (AIM), a sub-market of the London Stock Exchange (LSE),..

What does Cypriot business look like now?

23.08.2022 Paphos Hotel Owners Association (Pasyxe) Thanos Michaelidis said on Monday that hotel occupancy in the area was hovering between 80 and 85 percent, falling to around 70 percent in..

What the interested party should know before buying a property

22.08.2022 In order to ensure quality and reliable real estate transactions, the Department of Cadastre and Land Management has prepared for the information of citizens the following key points that..

Construction: The prices “scratch”, up to 30% more expensive a project

22.08.2022 The prices for building materials continue to annoy contractors and consumers. More than strong was the concern expressed by the Federation of Construction Contractors Associations of Cyprus (OSEOK) in..

Moody’s affirmed Cyprus’ Ba1 ratings, changes outlook to positive from stable

22.08.2022 Moody's Investors Service changed the outlook on the ratings of the Cypriot government Ba1 from stable to positive and affirmed the long-term issuer rating in foreign and local currency,..

Violating the right of access

22.08.2022 A right of access granted through a neighboring property in an enclave is an easement registered in the land registry as well as in the deed of title to..

No dream home for Millennials

22.08.2022 Cypriot millennials and Generation Z are struggling to fulfill their dream of owning their own home, forced to rent a roof over their heads in line with the European..

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