Digest

Elite Residential Complex to Appear in Paphos Instead of a Hotel
The Cyprus Department of Environment has agreed to demolish the Asimina Suites Hotel in Paphos.
22 April 2021 DOM LiVE 24 0
Larnaca Is Waiting For a Cardinal Transformation
Digest
Larnaca Is Waiting For a Cardinal Transformation
Larnaca will soon undergo a radical transformation.
22 April 2021 DOM LiVE 79 0
Cyprus Government Withdrew their Mortgaged Property Buyout Bill
Digest
Cyprus Government Withdrew their Mortgaged Property Buyout Bill
The Ministries of Finance and the Ministry of Justice warned that proposals aimed at obstructing the system of alienation of mortgaged property put the banking sector in Cyprus on a dangerous path.
22 April 2021 DOM LiVE 108 0
10-Storey Malcolm Tower To Be Erected in Nicosia
Digest
10-Storey Malcolm Tower To Be Erected in Nicosia
Cyprus Department of Environment has approved the construction of a new office building in the capital of Cyprus.
21 April 2021 DOM LiVE 171 0
Cyprus Will Not Massively Strip Passports from Foreign Investors and Their Family
Digest
Cyprus Will Not Massively Strip Passports from Foreign Investors and Their Family
Nicolatos confirmed that the interim report found that 51.8% of the 6,770 citizenships surveyed were granted illegally, and the remaining 48.2% of cases had significant non-compliance with the program criteria.
21 April 2021 DOM LiVE 256 0
Real Estate is Still the Main Investment Option in Cyprus
Digest
Real Estate is Still the Main Investment Option in Cyprus
During a period when deposits have a negative return, the real estate market can be more profitable option.
21 April 2021 DOM LiVE 219 0
A Unique Theme Park to Be Built in Cyprus
Digest
A Unique Theme Park to Be Built in Cyprus
On Tuesday, April 20, Decosta Labs Ltd announced their intention to build the first theme park on the island dedicated to the local traditions of Cyprus.
20 April 2021 DOM LiVE 202 0
More Than 50% of the Illegally Issued Golden Passports of Cyprus Were Of the Relatives Of Foreign Investors
Digest
More Than 50% of the Illegally Issued Golden Passports of Cyprus Were Of the Relatives Of Foreign Investors
After the Investigative Committee presented on Friday, April 16 an interim report on the results of the Golden passports investigation, the government of Cyprus is trying to smooth out the public anger in every possible way.
20 April 2021 DOM LiVE 247 0
New Skyscraper Dasoudi Residence to Appear in Limassol
Digest
New Skyscraper Dasoudi Residence to Appear in Limassol
A mixed-type residential complex called Dasoudi Residence will appear in the most prestigious area of the city - Germasogeia.
20 April 2021 DOM LiVE 227 0
A 29-Storey Skyscraper Was Illegally Built in Limassol
Digest
A 29-Storey Skyscraper Was Illegally Built in Limassol
On Monday, April 19, the Cyprus Audit Office announced that one of the skyscrapers in Limassol was built in violation of the local development plan rules.
19 April 2021 DOM LiVE 939 0
The Liquidity Coverage Ratio (LCR) of Cypriot Banks is Several Times Higher Than the EU Average
Digest
The Liquidity Coverage Ratio (LCR) of Cypriot Banks is Several Times Higher Than the EU Average
According to the latest data from the Unified Supervisory Mechanism, the liquidity coverage ratio (LCR) of Cypriot banks is several times higher than the EU average.
19 April 2021 DOM LiVE 242 0
Cyprus Has a Growing Interest in Commercial Property in the Troodos Mountains
Digest
Cyprus Has a Growing Interest in Commercial Property in the Troodos Mountains
In recent years, investors have shown an increasing interest in mountain residences and hotels in Cyprus.
19 April 2021 DOM LiVE 379 0
Larnaca Mayor Visits New Office of Kition Ocean Holdings Consortium
Digest
Larnaca Mayor Visits New Office of Kition Ocean Holdings Consortium
Larnaca Mayor Andreas Vyras, Deputy Mayor and City Council members visited the new office of the Kition Ocean Holdings consortium in the port of Larnaca.
17 April 2021 DOM LiVE 174 0
Two New Skyscrapers to Appear in the Capital of Cyprus
Digest
Two New Skyscrapers to Appear in the Capital of Cyprus
The Cyprus Department of Environment is considering the construction of two new skyscrapers in Nicosia as part of the ambitious Landmark Project - Office and Residential Tower Development.
17 April 2021 DOM LiVE 201 0
50%+ Cyprus Passports by Investment were Illegal
Digest
50%+ Cyprus Passports by Investment were Illegal
More than half of the 3,000 citizenships granted by the Cypriot government between 2007 and August 2020 according to the Cyprus Citizenship by Investment Program were illegal.
16 April 2021 DOM LiVE 638 0
Ayia Napa's Coast Continues to Be Built Up With Hotels
Digest
Ayia Napa's Coast Continues to Be Built Up With Hotels
Cyprus developers continue to actively build hotels on the island, hoping for a speedy recovery of the tourism industry.
16 April 2021 DOM LiVE 201 0
Chronicles of the Cyprus Passport Saga. Part 20
Digest
Chronicles of the Cyprus Passport Saga. Part 20
On Thursday, April 15, a meeting of the Cyprus Parliament took place.
16 April 2021 DOM LiVE 379 0
Residents of Cyprus Сan Significantly Reduce Costs of Energy
Digest
Residents of Cyprus Сan Significantly Reduce Costs of Energy
Cyprus has begun accepting applications for participation in two grant projects from the government, with the help of which residents of the country can significantly reduce their energy consumption costs.
16 April 2021 DOM LiVE 632 0
Cyprus Parliament Wants to Extend the Moratorium on the Sale of Mortgaged Property Until the End of July 2021
Digest
Cyprus Parliament Wants to Extend the Moratorium on the Sale of Mortgaged Property Until the End of July 2021
The Parliament of Cyprus is considering the possibility of extending the suspension of sales of mortgaged real estate until the end of July 2021.
15 April 2021 DOM LiVE 349 0
Nine Real Estate Companies Fined in Cyprus
Digest
Nine Real Estate Companies Fined in Cyprus
Nine Cypriot real estate companies were fined up to € 30,000 for failing to indicate the energy efficiency category of their advertised properties.
15 April 2021 DOM LiVE 893 0
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