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

Skype: Relux_Estates

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News

The Construction of Zygi Marina is Completed!

05.05.2011

The construction of a new Marina in Zygi Village, near Larnaka, is completed. The new marina is designed for 360 yachts and elaborated with appropriate infrastructure.

The Moscow Golf & Luxury Property Show 2011

22.04.2011

ReLux Estates will attend The Moscow Golf & Luxury Property Show taking place on April 22-23, 2011, in the "T-Modul" exhibition hall in the centre of Moscow. We invite you to visit our stand. We will be glad to see you all!

Cyprus: an Attractive Investment Destination

18.04.2011

After the visit of Russian President Dmitry Medvedev to Cyprus in late 2010 it became obvious that the interest of Russian investors in the island’s real estate continues to grow.

The Island's Most Expensive Property is Up for Sale

01.04.2011

The construction of the most expensive residential project in Cyprus, the Santa Barbara Residence, located in the Amathus area of Limassol, is planned to be completed by the end of this year

Cyprus the Leading Golf Centre of Europe?

26.03.2011

Cyprus Minister of Internal Affairs, Neoklis Silikiotis expects the licenses for golf courses in Fasouri and Limni to be authorised soon by the Town Planning Department. In an interview with InBusinessNews earlier this month Interior Minister of Cyprus, Neoklis Silikiotis mentioned that the Department of Town Planning is going to issue licenses to at least three more golf courses.

The Development of Town Planning in Cyprus

24.03.2011

The Town Planning and Housing Department has reached 60 years of operation. In this regard, the authorities plan to reorganise and upgrade the department. According to the Minister of the Interior, Neoklis Sylikiotis, the measure is necessary for the social and economic development of the Island.

Developers rely on the Russian market

21.03.2011

Experts project that in 2011, the real estate market in Cyprus will finally reach stability. Some developing companies are already relying on the Russian consumer. It is much anticipated that the Russians will continue to purchase property in Cyprus. The island attracts them with a favourable climate, excellent opportunities for business, tax and loan system, low crime level and numerous other factors. The most attractive location for the Russian market is obviously Limassol due to the majority of Russian schools operating in the area and also due to the excellent infrastructure present. Christos Panagia, the managing director of Pandomus Property Developers, concludes that the Russian community in Limassol has already reached 30 thousand people and the number will only increase every year.

New Port in Larnaca

17.03.2011

The construction of a new port and marina is about to start in Larnaca. Dinos Lefkaritis, the president of the Association of Tourism and Promotion of Larnaca District, anticipates that the construction works on the project are to begin in January 2012.

The Jet Set Favours Cyprus

15.03.2011

Cyprus has always been a popular destination among Russians; however, today it acquires a special significance. To own property in Cyprus is becoming more and more prestigious. The island is again in vogue in the Russian elite. Many Famous politicians, businessmen and representatives of the Russian show business have already purchased property in Cyprus.

Cyprus- the land of Skyscrapers?

15.03.2011

In the near future, Cyprus will witness the construction of several high-rise buildings. The latest plan for the revival of the capital Nicosia, as well as the coastal city of Limassol, provides for the construction of several super high buildings.

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