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Monthly Archives: October, 2018

Complex management seminar

The Almyra hotel in Paphos is the venue for a free seminar to be held in November covering communal ownership, management committees and general management of communal areas.

Lower VAT on land bought for primary residence

Purchasers of undeveloped land to build an owner-occupied primary dwelling may soon be able to obtain a partial VAT refund if a bill currently being prepared by government is approved.

Contract for the Limassol Icon signed

Contract for the construction of the Limassol 'Icon' has been signed between the Imperio Group of Companies and Iacovou Brothers and is expected to be delivered by December 2020.

Mushrooming Limassol towers ‘unsustainable’

Locals and experts believe that another tall building in an area of Limassol that has seen its fair share of 'towers', will only add to the many unsustainable urban constructions blighting the town.

Paralimni marina construction underway

Construction work has begun on the Paralimni marina, which is expected to be fully operational by mid-2021 and which will and will have a capacity of approximately 300 vessels.

Moderate property price rises continue

The increases in residential property prices remain moderate reports the Cyprus Central Bank in its Property Price Index for the second quarter of 2018, which was published yesterday.

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