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

News

27 November 2019 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. read more...

27 November 2019 EU Citizenship by Investment in Cyprus Meetings in Cairo Egypt

First, let me introduce myself, I am the Managing Director of New Zoe Developers LTD, and Palourtis Estates; a company with nearly 50 years of expertise in the Cyprus property market. read more...

8 November 2019 Small rise in property sales

October saw a marginal rise in Cyprus property sales compared to the corresponding month last year according to the latest official figures released by the Department of Lands and Surveys. read more...

31 October 2019 Express Evictions For Bad Payers

Parliament's plenary session on November 22 will put forward a bill tabled by DISY MPs that seeks changes to House legislation to protect landlords from unpaid renters. read more...

9 October 2019 Landmark Agreement between Cyprus and the United Kingdom

FULL details of the landmark agreement between Cyprus and the United Kingdom enabling the development of land within the Sovereign Base Areas (SBAs) has been released. read more...

3 October 2019 Breaking News Potential Change to Definition of Russian Tax Residency for Individuals

Individuals spending 90 days a year in Russia, or having their centre of vital interest in Russia, might be viewed as Russian tax residents starting from January 1, 2020. read more...

10 September 2019 Many Home dwellers few are the first borrower applications

Implementation of the Home plan has not begun with the best odds, as borrowers' interest so far has been low. Applications submitted to banks during the first week of implementation of the Plan did not exceed 100. read more...

3 September 2019 Home plan from tomorrow for 10 thousand borrowers

After months of discussions, the Home Plan is being implemented from tomorrow and in practice, which will help protect the main home of borrowers with red loans. Applications will start tomorrow, which will last until November 15. The plan is expected to read more...

2 September 2019 July property sales hold steady Update

The number of Cyprus property sales during July was the same as the number sold in July 2018, with sales falling in all districts with the exception of Larnaca according to statistics from the Department of Lands & Surveys. read more...

29 August 2019 Cyprus real estate market review 2018

In its annual Cyprus real estate market review, PwC reports that the transaction value of the residential property sector reached €3.1 billion, which accounted for 73 per cent of the market total. read more...

19 August 2019 Building permits authorised for 907 new homes

Building permits authorised in Cyprus during May 2019 provided for the construction of 907 new homes, compared with 541 in May 2018 according to official figures published by the Cyprus Statistical Service. read more...

8 August 2019 New criteria for passport scheme

New criteria for those wishing to obtain a Cyprus passport through the much criticised citizenship by investment scheme will come into force next week and will include due diligence checks on applicants. read more...

31 July 2019 This is the new Mortgage Policy Beneficiaries Boards

Ministry of Foreign Affairs: Government's aim is to produce 'affordable housing' read more...

31 July 2019 Continuation of previous article This is the new Mortgage Policy Beneficiaries Boards

Ministry of Foreign Affairs: Government's aim is to produce 'affordable housing' read more...

22 July 2019 Massive rise in new home construction

The number of building permits authorised for the construction of new homes in Cyprus during May 2019 was a mere 41 fewer than the total number issued during the first quarter of the year. read more...

15 July 2019 Larnaca new high rise tower projects

In Larnaca, some 20 – 30 high-rise residential developments and hotels ranging from 10 to 30 stories are in the pipeline with construction expected to begin over the coming years. read more...

27 June 2019 Home Saves homes but also sells them away

On September 2, applications for the Home project will begin. Yesterday the Cabinet approved the Memorandum of Understanding with the banks. It sets out all the details for a person to participate in the Schedule, up to cases of divorced and heirs in the read more...

18 June 2019 Citizenship by Investment Property Fair in Beirut Lebanon

On 13 and 14 June 2019 we took part, together with our legal team, in the Citizenship by Investment Property Fair in Beirut, at the Hilton Beirut Habtoor Grand Hotel & Convention Center. read more...

13 May 2019 Petrolina will move storage units by years end

read more...

6 May 2019 Energy saving measures grant scheme

There are opportunities for those living in Cyprus to the reduce their energy costs through a new energy saving scheme that encourages the use of renewable energy sources and energy saving in households. read more...