News

Dissatisfaction of the Mayor of Deryneia for the Land Development Plan

11.05.2022 The Mayor of Derynia, Andros Karagiannis, expresses his displeasure with the recently announced British Base Land Development Plan, as he claims "Derynia is being hurt again". The municipality said..

OSEOK hosts the 113th Congress of the Pan-European Federation of Manufacturers

10.05.2022 The Federation of Cyprus Construction Contractors Associations (OSECO) hosts for the second time in Cyprus the 113th Conference of the Pan-European Federation of Builders “European Federation of Construction (FIEC)”,..

Dream Tower: Deal station with sale of 21 apartments to Israelis

10.05.2022 One of the most important real estate investments in Cyprus with an Israeli flair was recently made in Limassol. The mediation of LA Business Consultancy Ltd in the agreement..

New fees/charges on environmental studies for developments

09.05.2022 A decree came into force that changes the data on fees and charges related to the preparation of EIA from individual projects. The statement from the Department of the..

Real estate restructurings and new mortgages (January – March 2022)

09.05.2022 The banking sector is the cornerstone of both the domestic and global economies. It is important to the economy because of its role in storing wealth (deposits) and providing..

The old Municipal Market of Nicosia is being revived

09.05.2022 The old Municipal Market in Nicosia takes on a new breath and a completely different face. Restoration and expansion work is proceeding at an intensive pace. Work has recently..

The way forward for real estate in Cyprus

08.05.2022 Giannis Misirlis spoke about new real estate trends at the Economist Business Summit in London. The sudden emergence of the pandemic has brought about a radical change in the..

Building materials: The situation is out of control, 3 months for a container

07.05.2022 Price increases and delays in receiving orders from abroad make up the picture in the building materials trade sector in Cyprus, which is directly and heavily affected by problems..

They don’t leave the “slum”

07.05.2022 The case for the demolition of the "slums" in front of the Larnaca Pan-Cypriot Lyceum fell on the path of justice, since two of the eleven refugee families involved..

Landslides are a chronic problem in Aglantzia

07.05.2022 The fight against the landslide phenomenon in the municipality of Aglancia is progressing at a snail's pace since the first fallen rocks considered dangerous were recorded in 2004. Although..

Cyprus to submit ‘mortgage to rent’ scheme request to EU in June

07.05.2022 The Cyprus News Agency (CNA) reported on Friday that the Cypriot authorities are to submit a formal request to the EU Competition Authority to implement the European Commission's "mortgage..

A third of all real estate transactions in Nicosia in the first quarter of 2022 involved apartments

07.05.2022 A third of all real estate transactions in Nicosia in the first quarter of 2022 involved apartments, according to a report from the Real Estate Agents Registration Board released..

It’s not a seller’s market

07.05.2022 Filing a contract of sale with the Land Registry Office is a form of buyer protection, whether the property has a separate title or not. This measure can be..

The areas of Nicosia where the most apartments were sold

06.05.2022 Nearly a third of the transactions completed in Nicosia in the first quarter of 2022 were for apartments. In particular, 536 out of 1574 transactions (transfers and deposition of..

This is how houses in mountainous and acrid areas will be subsidized

06.05.2022 A new housing plan recently announced by the government aims to revitalize mountainous, critical and disadvantaged areas, meeting the housing needs of singles, couples and families. The purpose of..

The attractive properties of the week from Altamira Real Estate

05.05.2022 After huge interest in the Altamira Real Estate package of 120 new properties and a very large number of proposals submitted, the company is back again this week with..

Uncertainty real estate sector can stay buoyant

05.05.2022 Real estate stakeholders are concerned about the near-term outlook for the construction sector and are warning not to be fooled by the uptrend in property sales as the war..

Petrolina Holdings: A master plan for Larnaca

04.05.2022 Who at least once did not pass by fuel tanks on the shore of Larnaca-Dhekelia. Despite their contribution to the economy, they have long been decommissioned, and their gradual..

Developers crushed under soaring costs

04.05.2022 The construction industry is suffering from the continued rise in raw material prices, and builders are crushed by higher costs as they are deprived of Russian money. Developers say..

Eba: The concern about overconcentration of immigrants is growing

04.05.2022 The situation in the Eba community is becoming more and more alarming due to the excessive concentration of immigrants of Arab and African descent in places of residence in..

They request acceleration of procedures for the Paphos Marina

03.05.2022 Both the Large Developments Association and the Paphos Chamber of Commerce and Industry expect the Deputy Ministry of Tourism to present the findings of the feasibility study prepared by..

The real estate market slowed down

03.05.2022 With a positive sign, but with a slight increase, real estate moved in April, ending the upward rally of the previous months of 2022. According to the Department of..

AstroBank: Plots of land for sale from €1000

03.05.2022 AstroBank has agricultural plots for sale in various areas of Cyprus such as Kalopanayiotis, Kallepia and other locations, starting from 1000 euros and offered for own use or investment...

The Symbol Residence tower in Limassol is taking shape

03.05.2022 The construction work on the construction of a multi-storey residential complex in the privileged area of Agios Tychonas in Limassol is proceeding at an intensive pace. This is a..

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