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Real Estate News
New Port in Larnaca
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.
Developers rely on the Russian market
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...
The Development of Town Planning in Cyprus
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.
Cyprus the Leading Golf Centre of Europe?
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...
The Island's Most Expensive Property is Up for Sale
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: an Attractive Investment Destination
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 Moscow Golf & Luxury Property Show 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!
The Construction of Zygi Marina is Completed!
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.
Cyprus Property Statistics
According to the Royal Institution of Chartered Surveyors,property in Cyprus brought around 1,5% - 6% of the rental income in 2010.
Newly Established Concept by Olympic Residence
The Olympic Residence project is introducing the OLYMPIC RESIDENCE RENTALS, a unique Five Star Hotel Type Accommodation concept.