News

Prospects for business and trade cooperation between Cambodia and the Larnaca Chamber of Commerce and Industry

15.04.2022 Prospects for business and trade cooperation between Cambodia and the Larnaca Chamber of Commerce and Industry were discussed at a meeting between them on Thursday. “The meeting took place..

Recovery in real estate prices continues

14.04.2022 The recovery in property prices continued in the fourth quarter of 2021, mainly driven by domestic demand. However, the Central Bank of Cyprus (CBC) notes that the constant increase..

Local demand and higher costs push property prices up

14.04.2022 According to the Central Bank of Cyprus Residential Property Price Index report released on Wednesday, property prices in Cyprus rebounded in the fourth quarter of last year thanks to..

Ukraine war pushes construction costs higher

14.04.2022 The war in Ukraine is hurting the Cyprus property industry as the already inflated cost of building materials gets even higher as barriers to international trade increase. According to..

What needs to be done to improve the image of the buildings in our cities

14.04.2022 Traveling through our cities and seeing their center as well as their surroundings, you feel that much needs to be done to improve their image and, consequently, the quality..

My Mall: In EPA the acquisition of 46% with the scent of Israel

14.04.2022 The sale of 46% of the share capital of the shopping center in Limassol to an Israeli consortium, which includes real estate companies, is underway. In particular, there is..

The properties of the week from Altamira Real Estate

13.04.2022 More than 50 new objects appeared on Altamira Real Estate website this week. And this Tuesday, the company presents unique options for buying real estate with significant exploitation prospects..

Inflation biggest threat to recovery

12.04.2022 Finance Minister Konstantinos Petrides fears that the current energy crisis caused by the war in Ukraine will be difficult to tame by comparing it to the oil crisis of..

EIB stands ready to support Cyprus

12.04.2022 European Investment Bank (EIB) President Werner Hoyer said on Monday that the bank is ready to support investments in Cyprus to reduce the impact and economic disruption caused by..

Hellenic Bank agreed with PIMCO on an €1.32 billion NPEs sale

11.04.2022 Hellenic Bank, the second largest lender in Cyprus, announced that it has entered into an agreement with Oxalis, an entity managed and advised by Pacific Investment Management Company LLC..

The role of embassies in business

11.04.2022 Embassies of the country are a reflection of the country abroad. When it comes to the world of business, embassies must promote the business interests of the country they..

Disposition by will and succession of relatives

11.04.2022 The disposition of a will is regulated by law to protect the next of kin of the testator. A person may legally dispose of all or any part of..

Gardens are where the action is

10.04.2022 With more free time and more people turning to outdoor activities, we are discovering many alternative ways to use our garden that make living in our home more enjoyable..

House Price Index down 5.3% in 4Q of 2021

08.04.2022 The annual drop in the Cyprus House Price Index (HPI) in Cyprus in the 4th quarter of last year was 5.3%. According to the preliminary estimate of the Statistical..

Output prices index in construction up in 4Q 2021

08.04.2022 The construction exit price index in the fourth quarter of 2021 recorded an annual increase of 9.3%. According to the Statistical Service of the Republic of Cyprus, the construction..

Number of building permits increased by 8.3% in January

08.04.2022 The number of building permits issued by municipal authorities and district administrations in January 2022 increased by 8.3% compared to the corresponding month of the previous year, according to..

Uncertainty prevails in house building market

08.04.2022 Real estate stakeholders are wary of the construction sector's near-term prospects and are cautioning not to be deceived by the rosy picture painted by the rising building permit trend...

The real estate market is better than before the pandemic

08.04.2022 More than 3,000 real estate transactions in three months, while in recent months the market has been developing steadily. It is worth noting that the latest real estate market..

Real estate moved with a steady rise

06.04.2022 The real estate market continued its upward trend in March, with all cities except Nicosia showing a positive trend. Real estate sales in March this year reached 1,102 from..

Altamira: 10+ houses from €40,000 to €255,000

06.04.2022 Residential properties ranging from €40,000 to €255,000 have been listed for sale by Altamira through an online platform. The properties are located in the provinces of Nicosia, Larnaca and..

Giorgos Chrysochos: Cyprus is a safe haven for investors

06.04.2022 Despite the recorded decline in demand for real estate from Russian clients, there is no significant decline from the domestic or the rest of the foreign market, says Cyfield..

Negligible gains on the CSE on Wednesday

05.04.2022 The CSE posted a slight gain on Wednesday, with the overall index registering a 0.16% gain to close at 69.24. The FTSE/CySE 20 rose 0.14% to close at 41.63...

Acceleration of economic activity in the Eurozone in April

05.04.2022 Business activity in the eurozone accelerated in April as the dominant service sector benefited from further easing of coronavirus restrictions, offsetting a delay in manufacturing output. S&P Global PMI,..

The ambition for the Cyprus Fund to Provide Capital Financing

05.04.2022 The aim of the government is the Cyprus Equity Fund to give the necessary impetus to the emerging and promising innovation ecosystem of Cyprus, which in recent years has..

Send an enquiry