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Archive for March, 2020

Construction of new homes doubles

The number of building permits authorised in December 2019 provided for the construction of more than twice as many new homes as those authorised in December 2018 according to official figures.

Cyprus real estate stricken by pandemic

Pundits believe that the Cyprus real estate market will suffer a significant downturn as a result of the coronavirus pandemic, which is mainly supported by foreign investment and demand.

€2000 demanded to correct Pissouri fake news

A Greek language newspaper has demanded two thousand Euros to publish a letter correcting a fake news story concerning the Pissouri landslide, which it published on Saturday 7 March.

Ayia Napa Marina starting operations soon

Ayia Napa marina is in the final phase of construction and is gearing up for the start of operations with the entrance and berthing of the first boat on January 27 marking the beginning of the marina’s pilot operations.

Cyprus property sales fall in February

Property sales in Cyprus fell by 11 per cent in February 2020 compared to February 2019 and by 7 per cent in the first two months of the year according to official figures from the Department of Lands and Surveys.

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