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23.03.2022 The Cyprus property market is in constant flux and real estate trends come and go. Given the highly local nature of the industry, with different conditions in each province/city,..
23.03.2022 Two-storey luxury villa in a quiet location, in Apostolos Barnabas area, in Strovolos, for sale through Altamira. The luxury house, which is located about 1.3 km west of the..
22.03.2022 Real estate agents are expecting a temporary halt and delay in the property market due to rising building materials prices, which is likely to continue over the next period,..
22.03.2022 Regarding the effects of the war, as well as the related sanctions, Pavlos Loizou, CEO of fintech company WiRE FS, said that the Cyprus property market is likely to..
22.03.2022 Given that the war in Ukraine has caused a number of short-term and long-term problems, and the global economy is likely to take years to recover, Cyprus should shift..
22.03.2022 Hellenic Bank announced that it has entered into an agreement to acquire a performing loan portfolio (the "Transaction") from RCB Bank Limited, formerly known as Russian Commercial Bank (Cyprus)...
22.03.2022 RCB Bank Limited, the third largest lender in Cyprus, has announced that it has entered into an agreement with Hellenic Bank Public Company Ltd for the sale of up..
22.03.2022 The request for the transformation of the Cyprus Asset Management Company (KEDIPES) into an asset management body and the implementation of the mortgage-to-lease plan is expected to be formally..
22.03.2022 Later this year, the government will formally seek European Commission approval for the transformation of the failed cooperative bank's successor legal entity into an asset management company. In parliament..
22.03.2022 Paphos remains an attractive destination for British tourists despite rising costs of goods and services around the world, as a survey in the UK ranks the city as the..
21.03.2022 A violation of Article 6.1 of the Convention was found and a decision was made to reopen the appeal. The decision of the European Court of Human Rights (ECtHR)..
21.03.2022 Unfortunately, building density is used as a tool to attract votes, both at the grassroots level of local councils and communities, and at the highest level of political parties..
21.03.2022 More than 2,500 building permits have been issued under the new fast-track procedure since its introduction in October 2021, Interior Minister Nikos Nouris said on Saturday, speaking at the..
21.03.2022 The Cyprus Construction Materials Price Index continued to rise in February, reflecting rising costs incurred by contractors. According to data published by the Cypriot Statistical Office (Cystat), the material..
20.03.2022 Cypriot Interior Minister Nikos Nouris, speaking on Saturday at the 29th General Assembly of the Cyprus Association of Civil Engineers, said that the ministry is committed to revitalizing the..
I wonder if the authorities are ready to fulfill their duties for the benefit of Cyprus and its people. The examples I often give are by no means a complete..
19.03.2022 When considering effective ways to achieve zero emissions, policymakers tend to focus on renewable energy and cleaner vehicles, often overlooking a key element of the energy transition: decarbonizing the..
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..
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