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ORPHEUS GROUP bldg.   
12 Christaki Kranou, Potamos Germasogias,    
4041, Limassol,Cyprus

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News

Noble Energy will begin drilling for natural gas

07.06.2013

Noble Energy will begin drilling for natural gas at a new appraisal well off Cyprus on 07.06.2013

New easy citizenship rules for foreign investors.

06.06.2013

April 15, 2013 The Ministry of Internal Affairs of Cyprus has decided to grant the Cypriot citizenship under special conditions.

Troika must consider title deed fiasco in seizures' proposal

27.10.2012

THE need to address the title deeds fiasco is more urgent than it has ever been as the troika move in to sort out the banks’ non-performing loan (NPL) portfolios, property experts have said.

VAT refund information about reducing VAT from 17% to 5%

11.09.2012

June 8, 2012 by force of law of the Republic of Cyprus № 73 (1) / 2012, amending the Law on Value Added (VAT law) of 2000, under the new law, from now on the acquisition of real estate not only the citizens of the Republic of Cyprus or the EU and third country nationals will be charged a reduced rate of VAT of 5% instead of the current rate of 17%. Thus, the buyer the opportunity to substantial savings when buying property in Cyprus.

the Cyprus Parliament has amended the current legislation regarding the imposition of VAT on the acquisition of new properties.

26.05.2012

Last week, the Cyprus Parliament has amended the current legislation regarding the imposition of VAT on the acquisition of new properties. The current VAT rate was 17%.

Russian advice a ‘slap in the face for Turkey’ says minister

18.04.2012

AN OFFICIAL Russian Federation warning to its citizens against buying Greek Cypriot properties in the north is a “powerful slap in the face” for Turkey, Foreign Minister Erato Kozakou-Marcoullis said yesterday.

Cyprus Union Real Estate appraisers warn people to ...

26.03.2012

Cyprus Union Real Estate appraisers warn people to be careful when choosing a specialist in property appraisals.

Amazing bargains to be had in Cyprus

13.02.2012

While sales are reportedly down 28% over the last couple of months according to OPP (Overseas Property Professional) the fact still remains that property is being sold with price tags slashed by up to 1/3 from their high value.

Paschalides ready to sign Ayia Napa marina deal

31.01.2012

Earlier today, Antonis Paschalides spoke about a deal for the construction of a marina at Ayia Napa and also urged Paphos businessmen to resolve their differences that are delaying the Paphos marina project.

Licence for Polis golf project expected by June

25.01.2012

The golf project at Limni in Polis Chrysochous by Limni Resorts & GolfCourses Plc. is expected to have a licence to start the project issued by June according to the local mayor, Angelos Georghiou.

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