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

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News

Chinese investors make a deal for 30 million euros

18.10.2019

Chinese investors acquired a plot of land of 32,271 square meters. in the Tsiflikudiya area in Limassol north of Limassol Marina worth € 30 million with the Bank of Cyprus.

Property sales to local and European buyers

08.10.2019

Real estate sales in September increased slightly by 1% compared to September 2018.

Changes in prices for Cyprus property for the second quarter of 2019

02.10.2019

RICS in Cyprus reports that house and apartment prices across the island rose 1.2% and 1.4%, respectively, for the first quarter of 2019.

Real estate sales in August fell 10%.

19.09.2019

In August, real estate sales decreased by 10% compared to August 2018, when sales fell in all market segments, with the exception of sales to EU citizens, which grew by 3% according to official data published by the Department of Land Resources and Research.

Building Permits for new homes

06.09.2019

According to the Cyprus Statistical Service, building permits are a key indicator of future activities in the construction sector.

Demand for Cyprus property from foreign buyers slumps

29.08.2019

Demand for property in Cyprus from non-EU citizens has fallen, but it is unclear whether this is due to stricter government control after criticism from the European Union regarding investment in exchange for passports.

House prices rise 0.8%

19.08.2019

The Cyprus house price index (HPI) increased by 0.8 percent in the first quarter of 2019 and by 4.3 percent year on year according to a preliminary estimate by the Cyprus Statistical Service (CYSTAT).

July Property Sales

08.08.2019

The number of real estate sales in Cyprus in July was the same as in July 2018, with sales declining in all areas except Larnaca.

More time needed on Ayia Napa marina

30.07.2019

Despite significant progress in building the marina in Ayia Napa, the delivery is delayed in July, as more time is needed to complete the infrastructure, due to the heavy workload in the area, including the design of electro-mechanical and plumbing aspects of the project, transportation, including the road network and garage .

Residence permits for non-EU citizens

22.07.2019

In 2017, Cyprus granted a residence permit to 18,971 non-EU citizens, according to data published by Eurostat, the majority to citizens of India and Russia.

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