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14.02.2022 Efforts are being made around the world to reduce tax evasion. We believe these efforts can be helped to some extent by providing some incentive to taxpayers. In the..
12.02.2022 The cost of renting both apartments and houses rose in the fourth quarter of last year, according to a report released this week by independent real estate asset management..
12.02.2022 Despite the elimination of the Golden Passport scheme, Cyprus is still in high demand from foreign investors looking for a second residence. According to the Henley and Partners Best..
12.02.2022 The EU directive to reduce the size of houses eligible for a 5% VAT reduction threatens the recovery of the construction sector and the economy, real estate experts say...
11.02.2022 According to the Governor of the Central Bank of Cyprus, Konstantinos Herodotus, the transformation of the business model of banks towards digitalization and increasing their profitability by rationalizing their..
11.02.2022 The European Commission's winter forecast confirms the positive course of the Cypriot economy: real GDP will increase by 5.3% in the first nine months of 2021, and a further..
10.02.2022 According to the WiRE Real Estate Index for the fourth quarter, in Cyprus, quarterly sales increased by 1.4% for apartments and 0.5% for houses and decreased by 0.5% for..
10.02.2022 Building permits issued in Cyprus in the first eleven months of 2021 rose by 15.9% year on year, according to data released by the Cyprus Statistical Office (CyStat) on..
09.02.2022 The allocation of 15% of the income of the new casino, once it is operational, to the Cyprus Land Development Corporation to advance its housing policy projects was agreed..
09.02.2022 About 15% of government revenue from the soon-to-be-commissioned new casino resort will help build affordable public housing. Cyprus Land Development Corporation budget for 2022 will increase to €11.6 million..
08.02.2022 MPs discussed on Monday how to amend the government's VAT bill on homes to make it compatible with EU law. The case concerns a bill submitted just earlier this..
07.02.2022 Residents of Peyia have taken up arms against a number of major construction projects destined for the area, including two large hotels, citing a lack of infrastructure and arguing..
07.02.2022 Very often builders are hired to repair, build or add to houses or other buildings. The builder or contractor, before starting work, visits and inspects the site, draws up..
06.02.2022 It seems that despite the initial lukewarm response from politicians to a proper investigation into the mismanagement of the Cypriot economy (many of whom have only themselves to blame),..
05.02.2022 Given the increased demand, as well as the rapid housing development seen in Nicosia, Altamira Real Estate has decided to present 22 residential plots in the most attractive areas..
04.02.2022 The real estate market has bounced back from the pandemic and the withdrawal of the Citizenship by Investment program as property sales in January surpassed sales in the same..
03.02.2022 The Cyprus Land and Buildings Association (LBDA) has warned of possible NDS access to real estate, prompting reports that as a result of the economic, as well as the..
03.02.2022 The net new credit, transferred to the banks of Cyprus, amounted to 2.94 billion euros in 2021, which means a growth rate of 22.3%, after the economy of Cyprus..
03.02.2022 Percentage of items on corporate deposits decreased to 0.02% in December 2021, which is the historical minimum, at which time items on deposits of domestic households remained unchanged at..
01.02.2022 According to the published Eurostat Statistical Office of the European Union, Cyprus will leave the country with only the highest interest rate on expired credit institutions in 2020. According..
31.01.2022 “Whereas the real estate sector, which has proven to be the safest and most profitable during a period of uncertainty, will continue to move up, both for those who..
31.01.2022 Despite the fact that prices for the sale and rental of apartments are gradually rising, the focus is not on taking measures to solve the problem, says Imperio director..
31.01.2022 The Municipality of Nicosia is reminding the public how easy, fast and safe it is to communicate with the Municipality. For information, the public can call 22797000, Citizens Services..
31.01.2022 Real estate sales jumped in the first month of the year, and in all provinces except free Famagusta. According to the Department of Lands and Surveys, property sales in..
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