The number of new homes for which building permits have been issued so far this year, which suffered during the COVID-19 lockdown, have recovered and are now ahead of the number issued during the same period last year.
The statistical service reports that during July 2020 the number of bui... Read more
Many of us dream of living by the sea, and science shows coastal living could be beneficial for both our mental and physical health. Calvin Holbrook explores the therapeutic benefits of being in, on and by the ocean.
Long before seaside spas became fashionable for those wanting a slice of rest and relaxation, respite close to the sea was – literally – just what the doctor ordered. In the mid-late 19th and early 20t... Read more
The history of tourism in Cyprus video production was developed by the Press and Information Office, in cooperation with the Ministry of Energy, Commerce, Industry and Tourism, and the Cyprus Tourism Organization, on the occasion of the World Travel Market London 2018.
The World Travel Market London, οne of the leading global event for the travel industry, is being held in London, on 5-7 November 2018. Energy Minist... Read more
THE LONG-AWAITED €1.2 billion redevelopment of Larnaca port and its marina got the final green light after the Transport Ministry sent a ‘Successful Tenderer Letter’ to the chosen consortium after protracted negotiations.
The consortium awarded the project is Kition Ocean Holdings, a Cypriot-Israeli consortium, composing of investors Eldeman Holding BV and Alexandrou Corporate Services Ltd.
On Friday, the 31st of July 2020, the Cyprus Parliament has voted the revised legislation and regulations of the Cyprus Investment Program. The new finalized document of the legislation is expected to be officially published this week.
Below, you will find an outline of the amendments/additions that were voted:
1. The financial criteria of the program have remaine... Read more
Welcome to the Fourth Edition of Buy Home Magazine. Larnaka is looking forward to a bumper 2020 as the town expects to see its fair share of new developments as several luxury high-rise projects, hotels and a shopping mall are being built by local and foreign investors.
Eight new projects are expected to open in Larnaka, and surrounding villages such as Athienou, Lefkara and Zygi. The Larnaka Tourism Board refe... Read more
Are you ready to join a growing world-class real estate team? We are on the lookout for a dynamic, energetic and results-driven real estate professional to join our growing team. If you have the right experience and a passion for helping clients to find their dream home, you’ll fit right in!
We are excited to present to you the 11th of KPMG Cyprus Real Estate Market Report – The Insights. The report provides valuable information about the Cypriot economy and the local real estate market for 2019, but also looks into the evolving conditions in 2020. Given the significance of the real estate sector for the Cy... Read more
PROPERTY sales in Cyprus showed signs of making a recovery in June following the Government’s easing of the COVID-19 lockdown measures and its decision to subsidise housing loans according to official figures from the Department of Lands and Surveys.
Cyprus has the cleanest bathing waters across Europe, Agriculture Minister Costas Kadis said on Monday after an EU-wide report showed 99.1 per cent of bathing waters on the island were excellent quality.
The report by the European Environment Agency put Cyprus in first place for the proportion of bathing waters with excellent quality in European countries for 2019. Austria was second place with 98.5 per cent, follow... Read more