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5 December 2018 Cyprus property market on the up
Specialists are confident over the future of the Cyprus property market, saying that the upward trend in house prices is combined with an ongoing increase in demand for real estate. read more...
28 November 2018 Cyprus real estate sector looking up
Cyprus’ real estate sector is continuing to thrive, building on the upward trend of previous years, with experts confident that sales transactions for 2018 will peak at an eight-year high read more...
5 November 2018 Trapped buyers get Christmas present promise
The problems faced by the 70,000 ‘trapped buyers’ who were duped into buying property built on land earlier mortgaged by developers should be resolved by Christmas says Christiana Erotokritou MP. read more...
5 November 2018 Return plan 14 percent VAT for first house plot
The Finance Ministry pledged Monday to the Parliamentary Finance Committee that a draft with retroactive effect from 1 January 2018 will be submitted to the Council of Ministers for approval in the next 15 days, aiming at reimbursing 14% of the VAT paid o read more...
3 October 2018 Newzoe Developers in cooperation with Palourtis Estates at Cyprus- Lebanon Business conference " Invest in Cyprus"
26 September 2018 Citizenship by Investment Property Fair in Cairo, Egypt
20 September 2018 Newzoe Developers in cooperation with Palourtis Estates will be present at this year's Invest in Cyprus Exhibition.
17 September 2018 Standard and Poor raises Cyprus credit rating to BBB
Cyprus got its investment credit worthiness back on Friday as Standard & Poor’s raised the country’s credit rating from BB+ to BBB- with a stable outlook, five years after the financial collapse. read more...
12 September 2018 Larnaca to get its first Mall
Larnaca is set to see the construction of its first Mall within the next 18 months as part of a new facelift, while local authorities prepare to address challenges it will bring; town planning permits have been issued. read more...
7 September 2018 Larnaca marina plans on track
The competition process to develop Larnaca marina and port are back on track and the tender documents will be delivered today (Friday) after the Transport Ministry rebutted claims that the project was beset by legal complications. read more...
30 August 2018 Limni golf resort is now down to EU
1 August 2018 Cyprus construction industry enjoying a revival
Cyprus’ construction industry seems to be regaining confidence over the past year, as developers encouraged by an increase of activity, feel that the barren years of the real estate crisis are behind them. read more...
23 July 2018 Signing of an agreement for the creation of satellite Casino at Larnaka international airport
The Hermes Airports Ltd and the Integrated Casino Resorts Consortium Cyprus Ltd (Cyprus ICR) announce the signing of a trade agreement between them, whereby the managing company of airports, grants to the ICR company Cyprus, two specific areas in the term read more...
17 July 2018 Larnaca Tower plans progressing
It looks as if a high-rise development ‘Larnaca Tower’ will soon get underway in the seafront area of Phinikoudes if the paperwork submitted by the Russian investor Nikolai Potapenko is approved by the authorities read more...
16 July 2018 Andreas Byras Mayor of Larnaca interview in Politis newspaper
"There will be pressure. Neither with the issue of the harbor, nor with the issue of oil tanks, will we sit with arms crossed ". read more...
10 July 2018 Hellenic Bank Step towards the conclusion of the agreement
The decision of the House of Representatives yesterday is still a decisive step in the completion of the agreement between Hellenic Bank and the Cyprus Co-operative Bank (CSF). The House's decision thus puts an end to the insecurity of recent months and m read more...
22 May 2018 Limit on citizenship scheme announced
The Council of Ministers has decided to restrict the number of citizenships granted under the ‘Citizenship by Investment Scheme’, aka ‘Golden Visa Program’ aka ‘Passports for Cash Scheme’ to 700 a year. read more...
3 May 2018 Oil Tank demolition in progress Irini Gardens Newzoe Developers Ltd
The first oil tank on the old Larnaca-Dhekelia road was demolished on Thursday, with President Nicos Anastasiades doing the honours by helping cut the first piece using a welding torch. read more...
2 May 2018 Новые строительные проекты на Кипре
Новые строительные проекты на Кипре read more...
26 April 2018 The Russian returns to invest in Phinikoudes
Viable prospect of erecting a multi-storey hotel by the Russian mogul Nicholai Potapenko on the coast of Phinikoudes. read more...
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Palourtis since 1970
