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A pillar of the Cypriot economy is the Association of Major Developments

11.07.2022 Cyprus can and should become a global center for business development and investment. Over time, large investments in development have become a key pillar of the Cypriot economy, supporting..

The real estate sector is showing its strength

11.07.2022 The real estate sector maintained its momentum in the second quarter of 2022, according to comparative real estate sales data from the Department of Land and Geodetic Works, which..

CBC Governor: Need for fast, flexible and coordinated actions

11.07.2022 In this ever-changing global environment, we must be proactive, flexible, transparent and quick in our decisions and actions in a consistent and coordinated manner, said the Governor of the..

Liability in an informal partnership

11.07.2022 The partner is personally responsible for fulfilling the obligations of the partnership. A partnership is formed by people doing business together for profit and is not considered a separate..

The quality of a house depends on certain criteria

11.07.2022 We often face the question of whether improving the quality of a project will pay off. This is not a simple question, and the answer to it depends, among..

Real-estate sales up 39% in first half, ‘driven mainly by domestic demand’

11.07.2022 Property sales in Cyprus rose by 39% in the first half of this year compared to the same period last year as people turn to property as a safe..

Barrage of fires in various areas of Cyprus

10.07.2022 The fire department has been on its feet since noon due to a number of fires that have broken out in various parts of Cyprus. The fire department is..

Idek announced the launch of a new call for proposals for a program “Proof of Concept for Applications of Technology and Know-How”

09.07.2022 The Research and Innovation Foundation (Idek) on Friday announced the launch of a new call for proposals for a program called "Proof of Concept for Applications of Technology and..

1.1% annual increase for the House Price Index in the 1st quarter

08.07.2022 The house price index rose by 1.1% in the first quarter of 2022, according to the preliminary estimate of the Statistics Office released on Friday, and reached 103.95 points...

Altamira: Plenty of new proposals for real estate throughout Cyprus

08.07.2022 This week Altamira Real Estate has many new attractive property offers in Cyprus. In Aglancia , one of the most sought-after areas in the province of Nicosia, we have..

Foreign investors are giving a boost to the real estate market

08.07.2022 The new tax incentives promoted by the government in the context of international headquarters will further increase the demand for luxury homes and more, both for purchase and for..

Thalia program to boost GDP by 6 per cent, add 8,500 new jobs

08.07.2022 President Nikos Anastasiadis on Friday welcomed the approval of Cyprus' Thalia Social Cohesion Policy Program 2021-2017, calling it a landmark moment in the country's efforts to restructure and develop..

Cystat announced that the number of building permits in April 2022 fell by 10.7% year on year

08.07.2022 The Cyprus Statistical Office (Cystat) on Thursday announced that the number of building permits in April 2022 fell by 10.7% year on year. Building permits fell to 560 during..

The laying of the foundation stone of TEPAK in Paphos is postponed

08.07.2022 The groundbreaking ceremony for the TEPAK facility in Paphos, scheduled for 13 July, has been rescheduled. As announced by the Municipality of Paphos, the postponement is due to the..

AstroBank: Properties ideal for investment at prices below €100,000

07.07.2022 Properties under €100,000 offered for investment are available for sale through AstroBank. In particular, the Bank owns residential and land plots in Famagusta, Paphos, Nicosia and Larnaca, as well..

Nicosia City Center has been completed and is becoming a technology hub

07.07.2022 Foreign companies operating in the technology sector are expected to rent the first two floors of Nicosia city Center (NCC), the construction work of which has already been completed,..

Cohesion funds to provide stimulus for sustainable growth in Cyprus

07.07.2022 Support from EU cohesion funds will provide Cyprus with a new impetus for further sustainable growth, Commissioner for Cohesion and Reform Elisa Ferreira said on Thursday. Ferreira is visiting..

Vision 2035 connects the present with future challenges facing the economy

07.07.2022 Cyprus' long-term strategy for a new growth model called "Vision 2035" links the present to the major challenges facing the economy in the coming years and is based not..

Building permits dropped by an annual 10.7% in April

07.07.2022 Building permits fell 10.7% year-on-year in April, dropping to 560 from 627 in the corresponding period last year, according to data released by the Cyprus Statistical Office (CyStat). According..

EU funds to make Cyprus economy more competitive says commissioner

07.07.2022 President Nicos Anastasiades met on Thursday with EU Commissioner for Cohesion and Reform Elisa Ferreira, the latter traveled to Cyprus to announce the approval of the Cohesion Partnership Agreement..

Total new loans increased in May 2022 to €362.9 million

07.07.2022 According to a report released this week by the Central Bank of Cyprus, total new loans increased in May 2022 to €362.9 million . This was primarily due to..

Leptos Group: The luxury Golden Mile beachfront development

06.07.2022 Living in the coastal areas of Cyprus has many advantages, but one of the most important is living right by the sea. Research shows that those who live by..

Real estate: Rally in sales, better than before covid o June

06.07.2022 Beyond any optimistic scenario, the real estate market is in motion, which recorded a continuous upward trend in the last quarter. According to the Department of Lands and Surveys,..

Total of €362.9 mln in new loans this May

06.07.2022 Total new loans increased to 362.9 million euros in May this year, according to data released by the Central Bank of Cyprus on Tuesday, which is mainly due to..

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