Cyprus property Blog and News

  • In February the quantity of official contracts on real estate was reduced meaningfully. In comparison with February, 2016, the same month in 2017 showed the 9% reduction of these transactions. This decrease is generally the consequence of the 13% drop in Paphos real estate transactions...
  • The investors from Israel have purchased three hotels in Paphos. That fact has been recognized as an advantageous one for the whole branch of touring. Those inns are as follows: Laura Hotel, Cypria Bay Hotel and Cypria Maris Hotel. Chief manager of hoteliers of the city, Euripides...
  • After decision of the authorities to hand over the case to the regard of attorney-general, marina of Paphos still experiences further delays. That’s the reason of some troubles expressed by concerned parties. “In order to prove that everything is all right, the documents are now being...
  • Larnaca has a great construction plan for the next few years. This year two new hotels will be put into operation and the next eight ones have been approved and are expected to be opened within the next 3 years. A new Radisson Blu Hotel & Residence is going to open this November. The building...
  • Concerns over a massive construction in Paphos on a hillside above Peyia are raised by the environmentalists and the public. They declare that the project at Sacred Mountain - Ayia Vouni can spoil the natural environment and put unnecessary pressure on the surrounding infrastructure. This kind of...
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