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RICS Cyprus Property Price Index Q2 2015 Report


RICS Cyprus Property Price Index has released a quarterly price and rental index which is based on methodology produced by the University of Reading, UK. The Index tracks property and rental prices across all districts and main property types.

Cyprus property sales market has grown over the past year by 15%


According to the Department of Lands & Surveys, it can be noticed that the property market in Cyprus is recovering from the financial banking crisis that has been caused by the liquidation of one of the largest banks on the island Laiki Popular Bank.

Britain is ready to give up land on Cyprus bases if the island’s territory will get united


Britain said it was ready to give up nearly half of the territory covered by its two military bases in Cyprus to help smooth a peace settlement between the island's ethnic Greeks and Turks.

Tourism could end the year 5 per cent up, CTO boss says


Tourism arrivals could see a 5 per cent rise by the end of the year, Cyprus Tourism Organisation (CTO) chief Angelos Loizou said after a meeting with troika representatives on Tuesday, the Cyprus News Agency reported.

Property transfer fees halved


Cypriot members of Parliament voted unanimously to cut Property Transfer Fees by 50 percent as part of a wider tax reform package designed to modernise the island’s property tax system and encourage economic activity in the real estate sector.

Are Greek ship-owners considering a move to Cyprus?


Due to the instability in Greece, Greek shipping companies are looking into moving to Cyprus.

Parliament approves casino bill


В четверг парламент одобрил казино на Кипре, хотя и с несколькими поправками к правительственному законопроекту.

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.

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