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Newsletter

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 15 July 2019 Larnaca new high rise tower projects

    In Larnaca, some 20 – 30 high-rise residential developments and hotels... 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... 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... 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... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 15 July 2019 Larnaca new high rise tower projects

    In Larnaca, some 20 – 30 high-rise residential developments and hotels... 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... 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... 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... read more

News

4 January 2017 Cyprus property taxes in 2017

There have been a number of changes to various property taxes in Cyprus in recent times and a summary of the impact of those changes for individuals with property on the island are summarised below. read more...

4 January 2017 43 percent increase sales of real estate

The highest increase of the decade recorded the number of deeds in the provincial registers for 2016. read more...

29 December 2016 Announcement of the Ministry of Finance Cyprus Agreement Russia on double taxation

The Treasury announces that agreement has been reached between the Russian and Cypriot authorities to suspend application of the Protocol amending Article 13 of the Agreement between the Republic of Cyprus and the Russian Federation for the Avoidance of D read more...

22 December 2016 Great game with Exxon Mobil of the US Foreign Cypriot deposits

New data generated in the Cyprus Exclusive Economic Zone after yesterday's decisions of the Cabinet to begin negotiations of award coveted piece "10" in the consortium Exxon Mobil-Qatar Petroleum. read more...

22 December 2016 Growing interest in Cyprus property

Cyprus is back in the top 10 of the November edition of the property portal TheMoveChannel.com’s Top of the Props chart, which records the most searched for overseas destinations to buy property. read more...

28 November 2016 Tender process launched for Larnaca marina

The long-awaited Larnaca marina and port project took a step forward in the week with a request for submissions of interest for the construction of the 1,000 berth marina and port facilities. read more...

16 November 2016 RESIDENTIAL PROPERTY PRICE INDEX Q2 2016

The Central Bank of Cyprus (CBC) has today published the residential property price index (RPPI) for 2016Q2. read more...

10 November 2016 October property sales rise 37 per cent

The number of property sales in Cyprus continued their upward trend in October with sales rising by 37 per cent compared to October 2015 according to official figures from the Department of Lands and Surveys. read more...

24 October 2016 Fitch upgrades Cyprus

Fitch Ratings has upgraded Cyprus by one notch from ‘B+’ to ‘BB-’ with a positive outlook on continuing strong progress in its adjustment following the 2013 banking crisis but warns that banks remain weak due to the high level of NPLs. read more...

14 October 2016 Property sales up 44 per cent

The number of properties sold in Cyprus during September rose by 44 per cent compared to September 2015 according to the latest official figures published by the Department of Lands and Surveys. read more...

29 September 2016 The stabilisation of residential property prices continued

The stabilisation of residential property prices continued with small fluctuations in the RPPI (houses and apartments) and its sub-indices, amid positive prospects for the sector evident in other economic indicators. read more...

19 September 2016 Revised citizenship scheme approved

The Cyprus government has approved a revised citizenship-by-investment scheme designed to further encourage investments in the island’s economy by non-Cypriot businessmen and investors. read more...

19 September 2016 A marina in every coastal city

There will be 3,250 berths - will create thousands of new jobs A marina in every coastal city - Investments will exceed of € 1,5 billion. read more...

3 September 2016 Sales in Real Estate soar by thirty percent

Nicosia: August turned out good for real estate as the upward trend in sales of property continued for another month. Indeed, sales for the month of August registered a rise of 50%, while recorded 451 acts from the provincial land registers. Total for Ja read more...

25 July 2016 Property Transfer Fees reduction permanent

In an announcement published earlier today the Cyprus Finance Ministry advised that it has lifted the temporary 50 per cent reduction in Property Transfer Fees for transfers that take place by 31st December 2016 read more...

15 July 2016 Immovable Property Tax 2016

The Cyprus parliament has agreed that Immovable Property Tax for 2016 will be based on 1980 values but reduced by 75 per cent on the amount paid last year; IPT will be abolished in 2017. read more...

15 July 2016 ΘΕΣΜΙΑ ΕΝΟΙΚΙΑΣΗ

Τα πράγματα μπορεί να είναι κινητά ή ακίνητα. Ο ιδιοκτήτης τους είναι δυνατό να τα ενοικιάσει. Μπορεί να έχουμε ενοικιαστή κινητού ή ακινήτου. read more...

12 July 2016 Positive signs for the Larnaca Real Estate market

The new legislation passed by the Cyprus Parliament that Immovable Property Tax for 2017 will be abolished is a very positive development for the real estate market. Specifically, this new legislation provides that Immovable Property Tax for 2016 will b read more...

6 June 2016 Larnaca Real Estate Market

It is without doubt that the Cyprus real estate market has now started an upward curve. Interest and demand in properties by foreign investors has translated into actual sales. Government measures to restart the economy, combined with town planning and t read more...

16 May 2016 The Permasteelisa Group announced expansion of activities in many countries including Cyprus

Permasteelisa Group, a global contractor in civil engineering, project management, manufacturing and installation of architectural envelopes and internal systems, announced the geographic expansion in the Principality of Monaco territories in Greece, Cypr read more...