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All reports tagged with: "agreement"

British bases land development agreement

The UK Government has signed an arrangement with the Cyprus Government giving residents increased flexibility to develop private property within the British Sovereign Bases.

Gaining access after paying reservation fee

A potential buyer should never assume that he/she will be allowed to visit and enter a property after paying a reservation fee because that may not be the case and can lead to frustration.

Chinese multi-million airport deal collapsed

The multi-million Euro plan to develop the old Larnaca airport into a commercial showroom for Chinese products and a logistics centre has collapsed; the Chinese investor is no longer interested.

Larnaca port transformation agreed

Finally, after two years of negotiation, the government and the Zenon Consortium have signed an agreement for a joint development of the Larnaca port and marina at a cost in excess of €700 million.

Deal for development of old Larnaca airport signed

The Island’s airport operator Hermes signed a multi-million Euro deal with Chinese company Far Eastern Phoenix early this morning for the redevelopment of the old Larnaca airport facility.

An end to greedy developers extorting cancellation fees

The days when greedy property developers could extort contract cancellation fees from purchasers who wished to sell a property in Cyprus before its Title Deed had been issued have come to an end.

Construction deal with Qatar on track

The deal between the Cyprus government and the Qatari Diar Real Estate Investment Company to build a luxury hotel, apartments, shops, offices and a leisure complex in Nicosia is on track.

VAT reduction for first-time home buyers agreed

A compromise deal has been reached on a reduction in the VAT payable on new homes by first-time buyers. The law will come into effect on 1st October.

Title Deed bill agreed by deputies

Details of one of the bills designed to resolve the Island’s Title Deed fiasco have been agreed by deputies. This will now be passed to the House of Representatives’ plenum for approval.

Qatar deal still in the balance

The deal signed by the Cyprus government and Qatari Diar Real Estate Investment Company to build a luxury hotel, commercial, residential and leisure complex in Nicosia is still in the balance.

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