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All reports tagged with: "development"
CPAG update on transfer taxes and IPT
Earlier today CPAG, the Cyprus Property Action Group, issued an update regarding transfer taxes (Property Transfer Fees) and IPT (Immovable Property Tax)
Limassol marina weighs anchor
After more than 20 years of planning, proposals, legal wrangling and bureaucratic delays, construction work on the first of the five big marina projects in Cyprus may start in the next couple of months.
Golf course at Ayia Napa
The construction of a golf course at Ayia Napa on the east coast of Cyprus will be good for tourism and boost the area especially during the winter months, when the island offers good weather compared to northern European countries.
Cyprus marina progress reports
Following the news item on the marina planned for Larnaca, progress reports on the marinas planned for Ayia Napa, Limassol and Paphos have recently been published by Stockwatch.
Qatari investment deal collapses
It seems that the Qatari plans to invest in the development of a €500 million mixed-use real estate project in Nicosia may have collapsed
Cement sales confirm property problems
Further confirmation that the Cyprus property and construction sectors are facing serious problems came today with the release of domestic sales figures for cement by the Cyprus Statistical Service (CYSTAT).
Row erupts over Dolphin payout to Aristo
Dolphin Capital said it would pay €50 million in cash and the balance of €42.7 million through the issue of 133.1 million shares in Dolphin Capital to Aristodimou or his companies, based on an issue price of 30 pence a share.
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.
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.
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.
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