Since 1970
Call us: +357 (24) 822 870 // www.palourtis.com

Newsletter

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

  • 23 June 2020 Historic deal allows property development in British Bases

    CYPRIOTS who own land in non-military areas inside the British Bases will be... read more

  • 9 June 2020 Cyprus beaches have the best water quality in the EU

    Cyprus had the highest proportion of bathing sites with excellent water... read more

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

  • 26 May 2020 The elite are snapping up pandemic passports so they can escape to safer countries

    Millionaires are looking to escape to a safe country with good medical... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

  • 23 June 2020 Historic deal allows property development in British Bases

    CYPRIOTS who own land in non-military areas inside the British Bases will be... read more

  • 9 June 2020 Cyprus beaches have the best water quality in the EU

    Cyprus had the highest proportion of bathing sites with excellent water... read more

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

  • 26 May 2020 The elite are snapping up pandemic passports so they can escape to safer countries

    Millionaires are looking to escape to a safe country with good medical... read more

Property Investment is our Specialization

Lately, we made a lot of sales in the Commercial Sector as very good bargains appeared in the Larnaca property market, such as retail shops/offices rented to banks with a high yield on investment.

   

An example is a complex of 450sqm, including a ground floor of 150sqm, a basement and 1st floor, each 150sqm, rented to a bank for 12 years for € 390.000 per annum, offering a 7% yield on capital investment.

We believe that Cyprus has great investment opportunities in property real estate sector.

The whole scenario in property market changed completely with the new law, affecting the liquiditation of mortgaged properties connected with not performing loans.

Our experience and contacts in the property market since 1970, gives us the opportunity to be able to offer superb property offers which are close to being re-possessed by the bank, to clients who have the financial ability to proceed fast in property investments such as apartments close to the beach with swimming pools, suitable for holiday rentals, land for development of villas or hotels.

Property investment is our great specialization.