17.12.2011
In a measure to designed stimulate growth in the Island’s property sector by reducing the cost of home ownership, Cypriot MPs unanimously agreed to abolish or reduce Property Transfer Fees at a meeting of the House of Representatives earlier today.
11.11.2011
The Cypriot Government as from 1 October 2011 has introduced a reduced rate of VAT 5% on every acquisition or construction of new residence provided that the residence will be used as the main residence of the purchaser.
06.10.2011
ReLux Estates is pleased to announce our participation in one of the most prestigious International Investment Forum, PROEstates in St. Petersburg, which took place between the 7th-9th of September.
06.09.2011
ReLux Estates will attend International Real Estate Investment forum PROEstate 2011 taking place on September 7-9, 2011, 2011, in the LenExpo (103, Bolshoy Prospect of Vasilievsky Island, St. Petersburg)
04.08.2011
The Cyprus Government is gradually working towards simplifying its title deed issuing system.
27.07.2011
According to official statistics, the number of property sales in Cyprus during the first half of 2011 amounted to 954 million Euros.
28.06.2011
The Cyprus Government discussed the plan to increase taxes for immovable property, however, no decision was reached.
14.06.2011
During the recently held International Association FIABCI Property Congress in Paphos, representatives of official authorities stated their intention to maintain the policy of simplifying the real estate purchasing procedure.
23.05.2011
The Olympic Residence project is introducing the OLYMPIC RESIDENCE RENTALS, a unique Five Star Hotel Type Accommodation concept.
14.05.2011
According to the Royal Institution of Chartered Surveyors,property in Cyprus brought around 1,5% - 6% of the rental income in 2010.