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14 March 2014 10:19
Property sales for February show that the plunge in the market is ‘slowing down’ despite being worse than last year.
According to data released by the Land Registry, property sales in February marked a 12% reduction compared to 2013, with 311 properties sold down from 352 in the same month last......More
16 December 2013 18:06
Although the mixed use/condo hotels development has been very popular in a number of countries, it has not proved successful in most cases due to its complexity. The purpose of this article is to bring to the attention of the asset owners the key issues they should consider if they decide to......More
04 July 2013 19:09
Phase one of Alexander Heights, the final and most luxurious real estate project at the Aphrodite Hills Resort, will be completed in late September.
A total of ten villas and eight junior villas have so far been sold, mostly to Russian and British buyers and will be delivered in October, the......More
02 July 2013 21:28
 May witnessed the year’s biggest drop in property sales due to the uncertainty over the future caused by the island’s bailout deal that downsized the banking sector
. A credit crunch in the housing market and a squeeze on bank loans has hurt local demand while also affecting foreign......More
02 July 2013 21:21
 Nicosia mayor Constantinos Yiorkadjis yesterday signed the contracts for phase B and C of the renovation of the old municipality area in the walled-city. The contracts were signed with the business consortium Stelios Kounnas Bros Ltd &C. Roussias Trading and Development Ltd for phase B......More
02 July 2013 20:53
 Local authorities of Fasoula village in Limassol have launched a series of projects to upgrade the area and bring in more tourists.
According to community leader Giorgos Charalambous, the development projects look to improve the image of the village and improve the quality of life of locals......More
02 July 2013 20:51
 A draft bill to extend the payment period for property tax to November 15 will be put before the Cabinet in the next few weeks but the tax brackets will not change.
According to reports, the extension of the time period from September 30 to November 15 was necessary in order for the......More
02 July 2013 20:47
 Russian investors are considering a potential investment in Paphos which could boost the economy and overturn the negative atmosphere in town.
According to informed sources, a consortium of Russian businessmen have approached local authorities requesting information on the building licence......More
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