ConstructionInvestments
February 17, 2021
Interest in Cyprus From Foreign Investors does not Decrease
Interest in Cyprus from Foreign Investors Does not Decrease.
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3 min
Digest
COVID-19Investments
February 17, 2021
Clients of Cypriot AstroBank Can Get Mortgage Interest Rate Subsidies
On Tuesday, February 16, AstroBank announced its intention to continue participating in the mortgage interest subsidy program.
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1 min
ConstructionInvestments
February 16, 2021
Old Warehouses in Latchi to be Modernized into a Modern Art Space.
The municipality of Polis Chrysochous recently signed an important contract with L. Papamichael Holdings Ltd. The agreement provides for comprehensive modernization of the Latchi Port Authority's warehouses.
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2 min
RentCOVID-19
February 16, 2021
MPs Call to Provide Direct Subsidies to Tenants Affected by COVID-19
On Monday, February 15, the House of Representatives finance committee discussed measures to support tenants affected by the coronavirus pandemic.
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2 min
ConstructionInvestments
February 16, 2021
Neo Plaza Announces Opening of a Pop-up Retail
Following fashion trends, Neo Plaza decided to open a Pop-Up store in the discount village.
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2 min
ConstructionInvestments
February 16, 2021
5-star Asimina Suites Hotel to Be Demolished in Paphos
On Monday 15 February, Constantinou Bros announced its intention to demolish the Asimina Suites Hotel in Paphos and then build an exclusive residential complex.
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1 min
ConstructionInvestments
February 15, 2021
Limassol Greens Has a Limited Number of Land Plots for Sale
The western part of the city began to be actively developed in Limassol.
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2 min
InvestmentsNews
February 15, 2021
The Central Bank of Cyprus Calculates the Number of New Problem Loans
According to the latest data published by the Central Bank of Cyprus (CBK) on Monday, February 15, in October 2020, the number of non-performing bank loans (NPLs) in the country decreased by EUR 17 million.
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1 min
InvestmentsCyprus passport
February 15, 2021
Cyprus Owes Hundreds of Millions of Euros to the European Fund
Why a mistake by the Tax Department can turn into a real disaster for the country?
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2 min
ConstructionInvestments
February 13, 2021
Radisson announces second property, and serviced apartments in Larnaca
The Radisson Hotel Group is to open a string of new properties in Cyprus - the island never experienced anything like this!
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3 min
InvestmentsNews
February 12, 2021
Number of New Company Registrations Dipped Sharply in Cyprus
Due to the coronavirus epidemic in Cyprus, the number of new company registrations has dropped sharply. Moreover, this trend will continue.
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1 min
InvestmentsNews
February 12, 2021
Cyprus to Found a "Bad Bank" for Toxic Loans
Finance Minister Constantinos Petrides announced that the Cypriot government intends to create a special organization called "Bad Bank", which should deal with toxic loans.
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2 min
ConstructionRent
February 12, 2021
Cyprus Approves New Tax on Real Estate Sales
On Thursday, February 11, the House of Representatives unanimously approved a new bill to provide government assistance to individuals who own property in the north of the island that cannot be accessed.
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2 min
InvestmentsNews
February 11, 2021
Altamira Puts Its Most Expensive Mortgaged Land up for Sale
The land is in the coastal area near the village of Mazotos (Larnaca). Its cost is estimated at € 5,700,000.
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1 min
InvestmentsPermanent residence in Cyprus
February 11, 2021
Cyprus May Change Permanent Residence Requirements
In order to facilitate and speed up the procedures, they propose to study the reasons for the delays and strictly adhere to the schedule for issuing permanent residence.
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3 min
ConstructionRent
February 11, 2021
Why is it More Profitable to Buy Property in Cyprus Than in Other EU Countries?
Buying a home at a good discount somewhere abroad is a dream of many. Because of the COVID-19 pandemic (reduced demand for housing and reduced tourist flow), such an opportunity has appeared in most EU countries.
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2 min
ConstructionInvestments
February 10, 2021
Limassol to Have Two More Football Stadiums
The first one will be in the parish of the Apostle Andreas.
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2 min
ConstructionInvestments
February 10, 2021
Another 5-star Hotel to Open in Ayia Napa
There should be at least one more 5-star hotel constructed in Cyprus in 2021. The new resort will be in Ayia Napa.
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1 min
ConstructionInvestments
February 10, 2021
New Park to Appear in Limassol
A new park is going to appear in the center of the industrial zone of Agios Athanasios.
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3 min
ConstructionInvestments
February 9, 2021
Cyprus has Reduced the Number of Issued Building Permits
In the first 11 months of 2020, Cyprus had a sharp decline in the number of permits issued for real estate construction.
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1 min