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

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News

Property sales rise among local and EU buyers

08.02.2020

A 12% increase in property sales during 2019 was due to Cypriots and EU citizens, while the number of sales to non-EU citizens remained stable.

16-story tower in Limassol

31.01.2020

In Limassol, in the Germasogeia area, it is planned to build a 16-story tower 71.7 m high called “Mandarin Park, which is a mixed development of commercial and residential real estate.

Airbnb Rental Law Enacted

21.01.2020

MPs have passed a bill to regulate rental housing by owners through online platforms such as Airbnb and booking .com, which deal with both new and existing housing.

Annual real estate sales hit eleven-year highs

08.01.2020

Real estate sales in Cyprus in 2019 exceeded 10,000, reaching the highest rate recorded since 2008, according to official statistics published by the Land Department.

Passports: indicator for real estate.

28.12.2019

According to the recently published financial report of the Central Bank of Cyprus, more stringent criteria introduced earlier during the year to obtain a Cypriot passport have affected the sale of real estate.

Cyprus Property Market Overview

16.12.2019

A review of the PwC real estate market in Cyprus for the first half of 2019 shows that a quarter of all real estate transactions took place in April, shortly before more stringent criteria were introduced for those who apply for citizenship.

Slight fall in real estate sales in November

06.12.2019

According to the latest official figures released by the Land Department, in November real estate sales in Cyprus fell slightly compared to the corresponding month last year.

Cruise ship facilities in Paphos Marina

18.11.2019

The Cabinet of Ministers gave the green light for a study that will focus on the possibility of building facilities for cruise ships as part of the alleged Paphos Marina in Kissonerga Potima Bay north of the city.

Slight increase in property sales

07.11.2019

According to the latest official figures released by the Land Department, in October there was a slight increase in property sales in Cyprus compared to the corresponding month last year.

New building permits in Cyprus on the rise

29.10.2019

The total number of building permits approved in Cyprus in July 2019 was 743, compared to 589 approved in July 2018; an increase of 26.1% according to official figures published by the Statistical Service of Cyprus.

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