ConstructionInvestments
February 9, 2021
Opening of City of Dreams Mediterranean in Limassol Postponed Again
Opening of the luxurious City of Dreams Mediterranean Casino Resort in Limassol is postponed to the third quarter of 2022.
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2 min
Digest
InvestmentsNews
February 9, 2021
Cyprus Freezes Tax Break Bills for Problem Borrowers
On Monday, February 8, the leader of the ruling DISY party, Averof Neophytou, withdrew from consideration bills aimed at providing tax incentives to borrowers with overdue loans.
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2 min
InvestmentsNews
February 8, 2021
Cypriots submitted over 6 thousand applications for the Estia scheme
By early February 2021, 6,381 applications had been submitted for participation in the Estia scheme to subsidize mortgage loans for low-income families.
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2 min
ConstructionInvestments
February 8, 2021
Investors Show Interest in Property in Cyprus Mountains
Cypriot investors have begun to show an unprecedented interest in the forgotten mountain areas.
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3 min
Cyprus passportNews
February 8, 2021
Greek Language Test to Become Mandatory for Obtaining a Cypriot Passport
Recently, the Minister of Internal Affairs Nicos Nouris submitted a new bill to parliament for the introduction of more stringent requirements for foreign citizens who want to apply for Cypriot citizenship by naturalization.
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2 min
ConstructionNews
February 6, 2021
When Can the New Municipal Market Open in Larnaca?
On Friday 5 February, Larnaca Municipality announced that construction work on the city's new municipal market had reached its final stages.
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2 min
InvestmentsNews
February 6, 2021
Foreign Investor's Interest in Cyprus Property Continues to Fall
After the cancelling of the investment program, as well as due to the coronavirus pandemic, home sales across Cyprus in January 2021 decreased by 48%, compared to the same period in 2020.
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2 min
ConstructionNews
February 5, 2021
Construction of Apollo Football Stadium in Limassol Delays
Construction continues on the most anticipated project for all football fans in Limassol, the Apollo Stadium.
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1 min
ConstructionInvestments
February 5, 2021
Petrolina Starts Demolishing Oil Reservoirs in Larnaca
Petrolina has applied to the Larnaca Municipality to obtain permission to demolish its oil reservoirs located in the coastal area near Livadia.
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2 min
News
February 5, 2021
Large Photovoltaic Park to Appear in Cyprus
A new large photovoltaic park may soon be constructed in Cyprus, which will convert solar energy into electricity using special panels.
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2 min
InvestmentsNews
February 4, 2021
Central Bank of Cyprus Publishes a 2020 Credit Report
According to the country's central bank, the total amount of new loans for the year fell to 2.4 billion euros, compared with 3.2 billion euros in 2019. Thus, the overall drop was 25%.
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2 min
InvestmentsNews
February 4, 2021
Altamira Got More Mortgaged Real Estate for Sale
As the crisis in the country caused by the coronavirus pandemic grows, more real estate properties are transferred to the disposal of the departments of real estate, as part of the collateral alienation of non-serviced loans. Local banks continue to actively sell such housing throughout the island.
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5 min
ConstructionInvestments
February 4, 2021
Ayia Napa to Open 5-star "Adults Only" Hotel
A 5-star hotel called Amarande will open in the resort of Ayia Napa this spring.
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1 min
ConstructionInvestments
February 3, 2021
35 Luxury Seafront Villas Nearing Completion in Ayia Napa Marina
The developer announced recently that the first tenants will get the keys to their mansions as early as June 2021. Workers are now making tremendous efforts to stay on schedule.
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2 min
ConstructionInvestments
February 3, 2021
Two 45-meter High Buildings to Appear in Larnaca
Despite the cancellation of the Cyprus passport program and the coronavirus pandemic, some developers continue their activities as they used to.
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2 min
InvestmentsCyprus passport
February 3, 2021
Chronicles of the Cyprus Passport Saga. Part 16
On Tuesday, February 2, as part of a series of public hearings (of a four-person Ad Hoc Committee chaired by ex-Chief Justice of the Supreme Court Myron Nikolatos and attended by Demetra Kalogirou, Chairman of the Securities and Exchange Committee, Kyriakos Kyriakou, Assistant Chairman of the Cyprus Accounts Chamber, and Financial Commissioner Pavlos Ioannou) Acting President of Cyprus Nicos Anastasiades testified under oath.
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7 min
ConstructionInvestments
February 2, 2021
33-storey Skyscraper to Be Built in Limassol
On Tuesday, February 2, Marfields Group developer signed a historic agreement with the Marriot International hotel chain on Tuesday, February 2.
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3 min
ConstructionInvestments
February 2, 2021
First Units of Social Housing to Appear in Limassol by the End of 2023
By the end of 2023, the first housing units for the low-income citizens will appear in Limassol, said the Mayor of Limassol Nicos Nicolaides on Monday, February 1.
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2 min
ConstructionInvestments
February 2, 2021
Paphos to Have Two New Linear Parks
On Monday, February 1, Paphos Mayor Phedon Phedonos announced that two new linear parks should appear in the city in the near future.
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1 min
ConstructionInvestments
February 1, 2021
Technological University Ready to Begin Construction of Student Campus in Limassol
On Monday 1 February, the Cyprus University of Technology (TEPAK) officials announced that they are ready to begin construction of new student residences in the Limassol's area of Kato Polemidia.
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2 min