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  • Contract for the Limassol Icon signed

    Contract for the Limassol Icon signed

    Contract for the construction of the Limassol 'Icon' has been signed between the Imperio Group of Companies and Iacovou Brothers and is expected to be delivered by December 2020...
  • Mushrooming Limassol towers 'unsustainable'

    Mushrooming Limassol towers ‘unsustainable’

    Locals and experts believe that another tall building in an area of Limassol that has seen its fair share of 'towers', will only add to the many unsustainable urban constructions blighting the town...
  • Paralimni marina construction underway

    Paralimni marina construction underway

    Construction work has begun on the Paralimni marina, which is expected to be fully operational by mid-2021 and which will and will have a capacity of approximately 300 vessels...
  • Cyprus 'Golden Visa' scheme poses high risk

    Cyprus ‘Golden Visa’ scheme poses high risk

    Three European countries (Cyprus, Malta and Monaco) are amongst the twenty-one countries whose residence and citizenship by investment schemes potentially pose a high-risk says OECD...
  • Fifty million lost due to planning delays

    Fifty million lost due to planning delays

    Delays in issuing planning permits cost the state €50 million annually, which could be used to build ten schools, three hospitals or a museum according the Cyprus Technical Chamber ETEK...
  • Locals fear for Coral Bay

    Locals fear for Coral Bay

    Locals fear for the future of Coral Bay if developer's plans to build next to the blue-flagged area go ahead following a Government decision to allow a 2005 appeal by Leptos developers...
  • Continuing rise in property sales (Update)

    Continuing rise in property sales (Update)

    The number of property sales in Cyprus continued to rise in September with the number of sales contracts deposited at Land Registry Offices across the Republic up 14 per cent compared with September 2017...
  • Limited progress on resolving NPLs

    Limited progress on resolving NPLs

    The International Monetary Fund (IMF) noted that Cyprus had made little progress on resolving non-performing loans in its mission's concluding statement following its recent official visit...

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