Ayia Napa Marina – Source G. Caramondanis Investments Ltd
CONSTRUCTION works for the new Ayia Napa marina are expected to start in the beginning of April, Mayor Yiannis Karousos announced on Monday.
“The process for the construction of the marina is progressing according to...
CYPRUS and its troika of international lenders have agreed an updated 41 page Memorandum of Understanding (MoU) following the eighth review of the island’s economic adjustment programme.
A summary of the key points relating to property are as follows:
Legal framework for private debt...
THE GOVERNMENT says it managed to collect €86 million from tax payers who took advantage of the early discount filing period in 2015, but revenue fell short of the goal as big landowners have yet to pay.
While the state had set a target to collect €100 million in Immovable Property Tax (IPT), it...
Cyprus’ real estate agents association’s chairman, report that an appreciable amount of mainly Chinese clients (Chinese, Russian, and Middle Eastern individuals are the main categories of foreign clients who buy property in Cyprus) fell victim to agents who claim to be real estate...
ACCORDING to the Department of Lands and Surveys some 262,300 individuals who registered their properties with fake identification documents own properties with a 1980 value of €1.66 billion.
Out of those 262,300 individuals, 36,500 own property whose 1980 value exceeds €12,500 and should...
