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17.03.2022 There is an increased interest on the part of Ukrainians, which is fixed with the beginning of the Russian invasion of the country, in both commercial and residential real..
17.03.2022 According to stakeholders, rising commodity prices in Cyprus are largely responsible for the growing trade deficit, which increased by almost 20% in January compared to the same month last..
16.03.2022 The new properties listed in Altamira Real Estate's weekly newsletter include residential plots, cottages, apartments, industrial warehouses and land in popular areas of Cyprus such as Aglancia, GSP area,..
16.03.2022 An amendment to the VAT legislation regarding the introduction of a reduced rate for the purchase or construction of a first residence has recently been at the center of..
15.03.2022 Significant ties between Cyprus and Russia have increased the risks of a deterioration in the economic prospects of the island in the medium term, according to a commentary from..
14.03.2022 What was decided before is not taken into account. A retrial may be ordered by the Supreme Court in the exercise of its appellate jurisdiction. The case is then..
14.03.2022 We believe that it should be clarified what constitutes the loss of the right to use property and compensation for it by rent. The topic was raised in a..
12.03.2022 Real estate and real estate development contribute to the creation of jobs and the growth of the Cypriot economy. Development is controlled by the existing urban zones, which set..
11.03.2022 Between January and December 2021, 8,164 building permits were issued by city and district administrations, compared to 7,023 in the corresponding period of the previous year, representing an increase..
11.03.2022 The Cyprus real estate sector has lost ground in 2021 due to the pandemic as the number of building permits has accelerated but is still well below the levels..
10.03.2022 Moody's Investors Service today placed all of RCB Bank's long-term ratings on review for downgrade, including long-term deposit ratings at B1, citing "higher credit risk associated with RCB Bank's..
10.03.2022 Standard and Poor's downgraded RKB's long-term issuer credit rating to 'B+' from 'BB-' and placed it on CreditWatch with a negative outlook, citing a lack of support from its..
10.03.2022 Ukrainians fleeing the war to Cyprus have increased demand for property rentals in Limassol and Paphos, industry officials say. The interior ministry said the republic has taken in 2,935..
10.03.2022 MEPs want common EU rules on golden visas to fight money laundering and corruption. No passports, no visas for Russian oligarchs Parliament welcomes the commitment of the relevant Member..
10.03.2022 Golden Passports are "ethically, legally and economically unacceptable and pose several serious security risks." EU tax on golden visas Concerned that EU citizenship is being sold, Parliament is proposing..
08.03.2022 Some houses almost collapsed as a result of the continuous and accelerating landslide and were declared uninhabitable. Houses, gardens and pools are torn apart, walls and driveways crumble, roads..
08.03.2022 In his speech, Cypriot MEP George Georgiou said that investment schemes that could have stimulated the development of society ended up turning into a "passport manufacturing and issuing factory"...
08.03.2022 The European Commission will very soon make a recommendation to all Member States regarding residence and citizenship permits under investment schemes, Home Affairs Commissioner Ylva Johansson said on Monday..
08.03.2022 Most people will simply calculate the total amount they paid for their home (i.e. the cost of buying a vacant lot plus the total cost of construction) and take..
07.03.2022 The license expires and terminates upon the death of the licensee. A license to use property only gives the licensee the right to use the property, but does not..
07.03.2022 From time to time we write about some of the weird stuff going on in the real estate industry that catches our attention. There are various scams and other..
07.03.2022 While homes in Pissouri that were either destroyed or severely damaged by the ongoing landslide are still collapsing, lenders have asked some owners who took out loans to buy..
07.03.2022 After 42 years in the Cyprus real estate market, there are still reports of wrongdoing and wrong mentality. I was criticized by many when I wrote that the main..
03.03.2022 According to the Central Bank of Cyprus, the interest rate on household deposits with an agreed maturity of up to one year remained unchanged at 0.06% compared to December..
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