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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..
31.01.2022 According to the Association of Land Management and Construction Entrepreneurs, a bill being promoted in Parliament to amend the Value Added Tax Law to introduce a reduced VAT rate..
31.01.2022 Landbank Analytics and 7Q Investment Group announce a strategic partnership to implement a smart real estate market analysis tool powered by Landbank Analytics for the benefit of 7Q clients...
31.01.2022 BidX1, the leading online real estate investment platform, announces the first official auction of 2022 to be held on February 23, 2022 on its platform. It offers users accessibility,..
31.01.2022 The decision that a new Total Valuation of approximately 2,000,000 properties throughout Cyprus at prices as of January 1, 2021 “may be published before the end of May 2022”..
31.01.2022 Tips on how to avoid indivisible joint ownership, i.e. joint ownership, gives the Department of Lands and Surveys in its prospectus. In particular, the Land Registry notes that joint..
31.01.2022 According to credit agency Moody's, Cyprus' high total debt continues to limit the growth potential of local banks and increase economic vulnerabilities, which negatively affects the creditworthiness of banks...
31.01.2022 The purpose of registering a company with more than one member is to combine financial resources, experience and business skills in pursuit of profit maximization for the benefit of..
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