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Property transactions rise 15% in June


The number of property transactions island-wide reported in June to authorities rose 15 per cent to 464 compared to the respective month of 2014, the department of lands and surveys said.

Сommercial activities of Limassol Port


Large shipping organisations have expressed interest in the commercial activities of Limassol Port, Minister of Transport, Communications and Works Marios Demetriades said on Monday.

Latest tax incentives are aimed to attract rich foreigners


According to Cyprus Property News, a 50 per cent cut in Property Transfer Fees and other tax incentives have been announced by the Cyprus President in efforts designed to attract high-net-worth foreign investors to the island.

Cabinet approves hidden mortgages bill


According to Cyprus Property News, following today’s meeting of the Cabinet (Council of Ministers), Interior Minister Socrates Hasikos explained some of the key points of the ‘hidden mortgages’ bill designed to enable several thousand people to get the Title Deeds to the property they purchased.

Sales increase in Cyprus.


Sales increase in the sphere of real estate in Cyprus proceeds the fifth month in a row, both on internal, and on foreign the markets. Paphos appeared the leading city in this sphere on the island.

Negotiations between Nikos Anastasiadis and Mustafa Akinci continues


President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci are now immersed in substantive negotiations, UN Special Adviser Espen Barth Eide announced on Monday.

More Britons in Paphos this summer


The head of the Paphos hoteliers union (PASYXE) Themis Phillipides has confirmed that there is an increase in the number of British holidaymakers at hotels in the district.

The fall in residential prices has slowed down


According to Gold News, during the first quarter of 2015, a significant fall was recorded in residential prices.

Archbishop faces competition in Yeroskipou project


Archbishop Chrysostomos is facing serious competition in his plans to invest in a gigantic Yeroskipou project, worth hundreds of millions of euro.

Renaming airports in Cyprus


The Cyprus Tourist Enterprises Association (STEK), which represents four and five star hotels has proposed that both of the islands airports should be renamed after famous icons from each area.

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