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Learn about the latest real estate news and development progressions in Cyprus.
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Legal & Financial
Cyprino Goes Virtual Due To Coronavirus In Cyprus
Cyprino Goes Virtual! We live in the digital Coronavirus age, where technology transformed the way we communicate, engage, and cooperate. Real Estate Industry cannot be an exception. Adapting to change is inevitable, and embracing change is critical if you want to su...
Cyprus
9 months ago
Aura Limassol An architectural Masterpiece
A Highrise building, unlike others in Limassol, was approved yesterday by the Environmental Authority, with public and social benefits such as the creation of a park, the floodplain, and underground public parking. The planning permission for the proposed Aura project is ...
Cyprus
1 year ago
Selling A Luxury Property in 2020
The real estate industry has been evolving the past ten years with real estate companies creating brand awareness and lead generation through digital marketing. Social Media allows real estate agents to target their clients directly based on their needs. On the other hand, consum...
Selling
1 year ago
Greece Citizenship by Investment
The new Greek government is planning citizenship by investment program, with a minimum investment of EUR 2.5 million, for 2020. “Concerns have been raised among Cypriot land developers and service professionals that the new government in Greece is preparing a Greek Citizen...
Buying
1 year ago
Selling Your Property in Cyprus ?
Selling your home is scary, and of course emotional. One of the most difficult parts is getting ready to put it on the market. There are the financial considerations, like what is the right price to list your property and how low you're willing to wait for a sale. Then there are ...
Selling
1 year ago
ONE Limassol An Iconic Address
Pafilia is on a mission to create a brand of luxury highrise buildings in Limassol, with its flagship development ONE Limassol.ONE has already reached the skies of Limassol and the sky is the limit as progression is on time and its new owners will discover a lifestyle of luxury l...
Cyprus
1 year ago
How Much Is Property Tax In Cyprus ?
Under the Cyprus Immovable Property Tax Laws all property owners, are liable to pay an annual tax based on the total value of all the immovable property registered in their name. Cyprus property tax is calculated on the market value of the property as at 1st of January 1980 and ...
Legal & Financial
1 year ago
What are the transfer fees of property in Cyprus?
Real Estate Transfer Fees are imposed by the Land Registry Office in order to transfer FREEHOLD ownership to the name of the Purchaser. The transfer fees are due for payment when the transfer of the Title Deed in the name of the Purchaser takes place. The Purchaser is sol...
Legal & Financial
1 year ago
How much is capital gains tax in Cyprus ?
On any financial gains from disposal/sale of Immovable Property situated in Cyprus, Capital Gains Tax will be imposed at the rate of 20% with the first €17,086 being exempt for each person. The gain is the difference between the sales proceeds and the original cost o...
Cyprus
1 year ago
How much is property stamp duty in Cyprus ?
“The Cyprus Stamp Duty Law (the “Law”) provides that stamp duty is payable on any document which concerns any property situated in the Republic of Cyprus or matters or things to be executed or done in the Republic of Cyprus, irrespective of the plac...
Legal & Financial
1 year ago
Luxury Living Cyprus
Luxury Living in Cyprus Cyprus is experiencing unprecedented growth in the Real Estate sector with many projects already completed, others are in the process of being built and many others in the planning stage. The common denominator with the majority of investors and h...
Cyprus
2 years ago
Cyprus Luxury Real Estate Trends
From five-star high rise residences in Limassol Cyprus to gated master-planned communities like the Limassol Marina – and everything in between – homebuyers have a variety of unique choices when it comes to luxury real estate in Cyprus that fits their lifestyle prefer...
Cyprus
2 years ago
The Transformation of Limassol Marina
The Transformation of Limassol Marina The initial idea of constructing a Marina in Limassol was in 1960, at the time it was just a simple idea, and nobody expected that idea to be transformed as the Luxury Destination it is today. At the time the people of Limassol did ...
Cyprus
2 years ago
Cyprus Luxury Property Developments
Limassol is driving the economic growth of Cyprus specifically in the real estate sector with ambitious luxury developments either completed or in the early stages of development. In fact, Limassolhas a leading role in growth rates as investment projects are in exces...
Cyprus
2 years ago
How To Sell A Luxury Property In Cyprus
Selling a home is not the easiest thing in the world but it also doesn’t have to be as hard as figuring out rocket science. The level of difficulty does increase though when selling a luxury property in Cyprus. With the increasing level of difficulty comes an increase...
Selling
2 years ago
The Rise and Rise Of The Limassol Rental Market
Limassol is booming with prices and rents driven upwards at a fast rate which experts expect to continue in the foreseeable future. A decade ago like the most of the western world prices both in Cyprus and Limassol entered a downward trend after the global financial crisi...
Cyprus
2 years ago
Cyprus Property Market 2018
The Cyprus Property Market 2018 is doing extremely well compared to last year with all cities of Cyprus seeing a large increase in property sales, Limassol Is experiencing the largest increase in sales contracts in Cyprus, with an increase of 24% from last year According to the C...
Cyprus
2 years ago
Benefits Of Eu Citizenship
Having the freedom to live and work in any country that is a member of the European Union without seeking any further permissions is a great benefit of Eu Citizenship for people from countries outside of the European Union. 1. A person that that is an EU Citizen has the rig...
Legal & Financial
2 years ago
Cyprus Set To Improve Energy Efficiency
As per a survey that was conducted by Cyprus Energy Agency, Cyprus businesses need financial support to improve energy efficiency. There is a plan to achieve a primary energy consumption in Cyprus of not more than 2.23 Mtoe by 2020. To meet this challenge, the reduction of energ...
Cyprus
2 years ago
Cyprus Construction Booming
THE FEDERATION of the Building Constructors Associations of Cyprus (OSEOK) says things are looking as developers see a bright future as big projects are in the pipeline, while others are expected to be announced. The manager of OSEOK, Frangos Prokopas said that the sector has see...
Cyprus
2 years ago
Cyprus: So Much More Than Just a Beach Holiday
When most people envision a holiday in Cyprus, flopping on the beach or by the pool is generally the first (and last) thought. But, as I found out on my recent research trip, this Mediterranean gem has some wonderful culture, activities and scenery up its sleeve. There is so...
Cyprus
2 years ago
Do You Want To Invest In Cyprus Real Estate? Try These Tips And Tricks
Does Cyprus real estate investing look like a great idea to you? Have you see others profit from it? You can do well if you put some money towards getting great Cyprus real estate. Knowing what you are doing is a big piece of the puzzle. Try using this advice to begin. Don&rsq...
Buying
2 years ago
Cyprus, one of the best holiday destinations in Europe!
I stayed at an excellent Hotel Apartment in Pissouri, between Paphos and Limassol. It was my first time on the island. April, my wife has been keen for a long time to show me what Cyprus has to offer, as she had often visited, whilst working for Sunvil Holidays, an independent, s...
Cyprus
2 years ago
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