Posts tagged with "real estate"
VAT delay on Cyprus land
Cyprus’ Minister of Finance, Charilaos Stavrakis, says the Government is confident that it will be able to secure a postponement of the introduction of VAT on building plots.
Under its commitments to the EU, Cyprus was to have levied a 15 […]
Published on: 2nd June, 2008 | Popularity: 14% | Continued
Sotheby’s moves into Cyprus real estate
THE FIRST office of Sotheby’s International Realty Affiliates LLC will open in Cyprus by the end of the year, under an exclusive 25 year licensing agreement that will cover the Eastern Mediterranean region.
Founded in 1976 providing independent brokerages with a
[…]
Published on: 7th May, 2008 | Popularity: 4% | Continued
Cyprus home prices in the first quarter of 2008 up 3.3%
HOUSE prices in Cyprus, in the first quarter of 2008, appear resilient in the face of worsening global economic conditions. From January to March 2008, the BuySell Home Price Index recorded a total increase of 3.3% compared to December 2007, […]
Published on: 24th April, 2008 | Popularity: 12% | Continued
Backlash from Cyprus property developers
THE GOVERNMENT is facing a backlash from Cyprus property developers and estate agents over plans to introduce a 15% VAT charge on land purchases from July 1, with many saying the regulations are not clear.
One estate agent said local buyers […]
Published on: 19th April, 2008 | Popularity: 6% | Continued
Paphos property sold for 66 million
According to Stockwatch Ltd, KEO has sold its property at the Tombs of the Kings in Paphos to a joint venture of Athienitis and Aristo Developers for €66 million.
According to newspaper “Politis”, the development will be uniform but the property […]
Published on: 25th March, 2008 | Popularity: 4% | Continued
European house price boom ‘is over’
The great European house price boom ended in 2007 according to a new report predicting storm clouds on the horizon for the Continent’s property markets.
Only Cyprus and Iceland saw house prices outstrip the previous year’s performance, according to the Royal […]
Published on: 15th March, 2008 | Popularity: 5% | Continued
The sky’s the limit
THE RISE in real estate prices, coupled with an unprecedented development boom, have been established as an entrenched reality in Cyprus over recent years.
Limassol is currently host to numerous exclusive residential projects, including a project marketed as “the most exclusive […]
Published on: 9th March, 2008 | Popularity: 5% | Continued