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Property market recovery in 2012?

More than 60 percent of those who voted in a recent mini-poll conducted by the Cyprus Property Magazine believe that the property market will not recover until 2012 or later

Limassol marina runs aground

Plans for the new Limassol marina have run aground according to the town’s mayor Andreas Christou. It seems that the project, which is expected to cost around €170 million, is having difficulty raising the necessary funding.

Cyprus marina developments stalled by bureaucracy

Although more than 20 years have passed since initial studies into the five big marina projects in Cyprus were undertaken, work on their construction has yet to begin.

Review of global property trends in 2008

The collapse of the world’s housing markets in 2008 can be seen from three points of view, and unfortunately, all of them reinforce the bad news.

Plans for Cyprus tennis academy

An effort will be made to create an international tennis academy in Cyprus in line with the standards of other similar schools abroad.

Dolphin hits out at cancellation rumours

Dolphin has denied reports saying that some of its developments in Greece & Cyprus could be put on hold until the economic downturn ends.

EU questions Cyprus over property issues

The European Commission has given its assurance that it will take the necessary measures if Cyprus has infringed EU law.

Pandora (Leptos) indicative results

Following a profit after taxation of €16,950,461 in 2007, Pandora (which is owned by the Leptos Group) made a loss of €1,589,013 in 2008.

Dolphin postpones resorts, may buy back shares

If we put villas on the market and we discover that nobody wants to buy, we will just delay it and wait for six months until the market recovers.

Cyprus golf & country resort at Tersefanou

The Board of Directors of Medgolf Group of Companies has released a statement regarding the Golf Resort and Country Club in the Tersefanou area of Larnaca.

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