Cyprus Property News magazine for overseas buyers & real estate investors

Thursday 6th August 2020

News

Tender awarded for Larnaca port and marina

The tender to develop the Larnaca port and marina has been awarded to Eldeman Holding BV and Alexandrou Corporate Services, comprised of Israeli and Cypriot interests.

Paphos undergoes multi-million facelift

Paphos is in for a facelift with its fair share of new developments while getting smarter with digital projects worth tens of millions of euros nearing completion or in the making.

Pissouri homeowners say government decision ‘long overdue’

Pissouri homeowners whose homes have been damaged and destroyed by the landslide since 2012 say it's very difficult to have any confidence after eight years of no action.

Hope for Pissouri landslide victims

The Interior Ministry has announced that work will start in 2021 to stabilise the landslide in Pissouri, which has damaged and destroyed many dozens of properties in Limnes and other areas.

Property developer fined for unfair commercial practices

Larnaca based property developer Stelios Georgiou Property Limited has been fined €70,000 by the Cyprus Consumer Protection Service for breaching the Unfair Commercial Practices law of 2007.

Greens hit out at local property developer

The Greens have hit out at a "scandal brewing in Paphos", with roots in the past, concerning land earmarked for green areas, which the developer wants to sell to the Bank of Cyprus to clear debts.

Cyprus’ largest ever housing project will help low-income families

Limassol municipality and the Land Development Corporation (KOAG) reached an official agreement on Thursday regarding the establishment of the largest housing project ever undertaken in Cyprus, worth €100 million.

Decision soon on Pissouri homes devastated by landslide

The government said Monday it will soon have in hand the recommendations of experts concerning the landslide in the area of Pissouri, which has seriously damaged dozens of properties throughout the years.

TOP STORIES

Property sales in Cyprus improving

The number of property sales in Cyprus is improving following the government's decision to introduce an interest rate subsidy for new housing loans granted from 1st March 2020 until 31st December 2020.

Tender awarded for Larnaca port and marina

The tender to develop the Larnaca port and marina has been awarded to Eldeman Holding BV and Alexandrou Corporate Services, comprised of Israeli and Cypriot interests.

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