News
Global firm marks first year in Cyprus with new Larnaca office
DataArt, a global software engineering firm, celebrated its first year in Cyprus by opening a new office in Larnaca.
Evolving trends in Cyprus real estate market
The article discusses the current state of the real estate market in Cyprus in 2023. It highlights that the market is experiencing its most active year since 2008, based on the analysis of sales contracts deposited in the Land Registry Office during the first five months of each year.
The three beaches of Larnaka waved this year by the Blue Flags
The Larnaka Municipality has announced that three beaches in Larnaka have been awarded the prestigious Blue Flags this year.
Law on first homes reduced VAT passed
The Cypriot parliament has passed a law allowing for a reduced value-added tax (VAT) rate of 5% on first homes
Palm Beach Hotel is being renovated in Larnaca
The Palm Beach Hotel in Larnaca, a well-known establishment in the tourist area of Oroklini, has been purchased by an Israeli company with interests in other hotels in the region.
Accor is introduced to the Cyprus market with Mercure Larnaca Beach Resort
Accor Group's mid-range hotel chain, Mercure, has entered the Cyprus market with the opening of Mercure Larnaca Beach Resort in Oroklini.
