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Monthly Archives: May, 2011

Britain to review Cyprus military bases

Britain will review its military bases in Cyprus as it seeks to extract maximum value from a shrinking defence budget, Defence Secretary Liam Fox said in a statement to the UK parliament on Tuesday.

Claim back Cypriot VAT on property purchase

Under the Special Grant for Purchasing or Building a Residence, Law N.91(I)/2006 a special grant is available to qualifying individuals for a VAT grant from the government.

Cabinet approves Qatar real estate deal

Cabinet has approved the multimillion Euro deal with Qatar to develop prime real estate in the capital, opening the way for the joint venture to be realised.

Paschalides ready to sign Ayia Napa marina deal

Earlier today, Antonis Paschalides spoke about a deal for the construction of a marina at Ayia Napa and also urged Paphos businessmen to resolve their differences that are delaying the Paphos marina project.

FIABCI world congress gets underway in Paphos

Cyprus is hosting the 62nd world congress of the International Real Estate Federation (FIABCI) which is being held at the Coral Beach Hotel and Resort in Paphos.

Ambitious plans to change the face of Larnaca

The Larnaca town tourism board has announced plans to attract more visitors through a number of significant development projects over the next five years.

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