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23rd April 2024
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Yearly Archives: 2018

News

Sea caves development a ‘litany of irregularities’

George Psyllides -
A special audit report into the procedures that resulted in the desecration of the sea caves area of Pegeia in Paphos on the west coast of Cyprus has uncovered a litany of irregularities.
News

Will NPLs sale affect the Cyprus property market?

George Mouskides -
Assessing the impact of the sale of non-performing loans (NPLs) will have on the Cyprus property market is not straightforward as George Mouskides, Chairman Cyprus Property Owners Association, explains.
Legal Matters

Bill to tax Airbnb rents to go to plenum

Elias Hazou -
A bill designed to regulate and tax the rental income on an estimated 40,000 short term Airbnb style properties in Cyprus should be presented at a plenary session of the Cyprus parliament within the next two weeks.
News

New home permits up 32.8 per cent

Nigel Howarth -
The number of building permits for the construction of new homes in Cyprus rose 32.8 per cent in June 2018 compared to the corresponding month last year providing for the construction of 506 new residential homes.
Marinas

Larnaca marina plans on track

Staff Reporter -
The competition process to develop Larnaca marina and port are back on track and the tender documents will be delivered today (Friday) after the Transport Ministry rebutted claims that the project was beset by legal complications.
Marinas

Larnaca to get its first Mall

Editorial -
Larnaca is set to see the construction of its first Mall within the next 18 months as part of a new facelift, while local authorities prepare to address challenges it will bring; town planning permits have been issued.

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