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All reports tagged with: "Cyprus"

Another high rise development in Limassol

The Shacolas group is planning to demolish the Debenhams Olympia centre in Limassol to make way for the 197 metre high rise Aura development of luxury apartments that will be the tallest in Cyprus.

U-turn on crocodile park

The decision by Achna council to withdraw its support for the crocodile park has been greeted with great relief by the local residents who had opposed the park according to reports.

Cyprus property price rises continue

The RICS Cyprus Property Price Index for Q4 2017 reports price increases for another quarter with significant price rises for houses and apartments in Limassol and Larnaca and offices in Nicosia.

Help needed to revalue 2 million properties

Approximately two million properties in Cyprus are to be revalued and the Department of Lands and Surveys will soon invite tenders from property appraisers to help with the task.

Lawyers’ price-fixing challenge success

The complaint by ‘Fairness in Fees’ to the European Commission challenging price-fixing by the Cyprus Bar Association (CBA) has been successful; their minimum fee regulations will soon be consigned to the bin.

EC urges Title Deeds, NPL & other reforms

The European Commission has once again recommended that Cyprus takes measures to ensure reliable and swift systems for the issuance of Title Deeds & speed the reduction of non-performing loans.

Limit on citizenship scheme announced

The Council of Ministers has decided to restrict the number of citizenships granted under the ‘Citizenship by Investment Scheme’, aka ‘Golden Visa Program’ aka ‘Passports for Cash Scheme’ to 700 a year.

Permits for new homes up 12.5 per cent

The number of building permits for the construction of new homes in Cyprus rose 12.5 per cent in February 2018 compared to February 2017 providing for the construction of 431 new homes.

Crocodile park back in the news

The proposed crocodile park at Achna was back in the news this week as the MPs in the House Environment Committee discussed health risks to humans and environmental issues.

Mixed views on crocodile park

The 500 people who attended a meeting last night to discuss the proposed crocodile park near the Achna reservoir had mixed views on the proposal put forward by the Israeli firm TSA Crocopark.

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