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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.

Gullibles travels in Cyprus: The overseas property exhibition

The misadventures of an inexperienced property investor and his wife in their quest to buy a jet-to-let holiday apartment in Cyprus.

Cyprus property boom ends as weak pound scares away U.K. buyers

The weak pound will result in British buyers of second-home in Cyprus keeping their money in their wallets for the next two years or so.

Cyprus golf courses get the go ahead

In the face of much opposition, the cabinet has finally approved the creation of fourteen new golf courses in Cyprus, but they will have to provide their own water.

Revised property investment ratings for Cyprus

EARLIER today the influential Global Property Guide published reassessed Country investment ratings for 73 locations around the world. Their investment tables show gross rental yields and long term investment ratings. At the top of the list is Chisinau in Moldova with a “Spectacular” gross rental yield of 14.17% and a long term investment rating of […]

Cyprus (Larnaca) feature in British Airways magazine

THE December 2008 issue of the British Airways magazine ‘Business Life’ featured an article about property in Cyprus. Written by Alexander Garrett, ‘Larnaca at large’ told how the town is pressing its case to be considered by anyone planning a home in the Eastern Mediterranean. Readers of this Magazine will know that plans to encourage […]

Paphos marina on hold

A LEGAL battle has erupted over the tendering process for the new Paphos marina at Potima Bay area of Kissonerga that may result in its construction being put on hold. The Pandora Group (Leptos) was awarded the contract last June following a hotly contested bidding process with Aristo and Pafilia. But Aristo, the runner-up in […]

Disneyland-style theme park at Pyla?

The proposed theme park will cover an area of some 600 donums (around 80 hectares) and could be situated in the UN buffer zone that currently separates the Greek & Turkish Cypriot communities.

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