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Athena Court B,
124 Amathountas Avenue, Agios Tychonas
4532, Limassol, Cyprus.
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Amendments to Rental Law during the quarantine caused by Covid-19


Due to the coronavirus outbreak the government has decided to freeze eviction of tenants who fail to pay their rent until the end of May.

House passes laws that effectively privatise beaches


After a two hour marathon session in parliament on Friday, MPs voted in favour of laws that effectively allow the government to privatise beaches.

The property sales in December increased by 121%


December 2016 saw the largest amount of property sale and purchase deals in Cyprus since September 2008.

November property sales up 46 per cent


The number of property sales in Cyprus continued their upward trend in November with sales rising by 46 per cent compared to November 2015 according to official figures from the Department of Lands and Surveys.

The Cedars Oasis Tower is coming!


We have the first architecture droving of “new Tritoftidi clinic” know called The Cedars Oasis Tower.

Property sales figures in Limassol have grown by 71%


September 2016 was marked by an increase in property deals all across the country. The biggest leap has been observed in Limassol, where the sales surged by 71%, followed by Larnaca (at 42%), Paphos (at 40%) and Nicosia (25%). Famagusta region has the lowest surplus estimated at 7%.

Discounts for Immovable Property Tax


The good news however is that this year there are significant discounts as high as 75 per cent. For those who will settle their IPT ahead of the early-bird deadline, which is October 31, they will get a 75 per cent discount on their due amount, thus paying only 25 per cent of the total.

26% property sales up for the last year in Cyprus.


During July a total of 625 contracts for the sale of commercial and residential properties and land were deposited at Land Registry offices across the island.

Israeli tech saves the government of Cyprus


Few people know, that after the bail-out crisis of 2013, when thousands of house mortgages and property taxes remained unpaid, Cyprus was saved from bankruptcy by an unexpected hero in the face of the Tel-Aviv based Ofek Air and their unique aerial photography project.

Cyprus property index. Positive developments


Cyprus property index published by British experts from RICS for the last quarter of 2015 has displayed that despite the trend of general property price reduction across the island, the actual coefficient of decrease has been gradually declining.

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