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International Pharos Chamber Music Festival 2018

Acknowledged all over the world as Cyprus’ most important annual classical music event, the International Pharos Chamber Music Festival is also recognised as one of Europe’s preeminent music festivals, having gained an unequalled reputation for the quality of its concerts as well as its enchanting atmosphere and settings. Inaugurated 18 years ago, the Pharos Festival…

Ryanair Announces 12 New routes For Winter 2018

Ryanair announced 12 new routes from Paphos for winter 2018 on Tuesday, increasing its capacity by 74 per cent over last year. The new routes include Bournemouth and Liverpool and will contribute 940,000 passengers annually as Ryanair nearly doubles its operation in Paphos, Ryanair’s Chief Commercial Officer David O’Brien told a press conference. He told…

Limassol in Top 100 Cities

Limassol is amongst the top 100 cities of the world according in the ‘Quality of Living Index’ produced by Mercer, one of the world’s largest HR consultancy firms, that evaluated local living conditions in more than 450 cities. ACCORDING to a survey conducted by Mercer, Limassol is one of the top 100 cities in the…

Cyprus Property Transfer Fees and VAT

MPs in Cyprus are planning to revise Property Transfer Fees and the VAT paid on land sales to eliminate distortions in the Cyprus property market, which they believe is adversely impacting competition. LAWMAKERS in Cyprus plan to draft a bill aiming to eliminate a distortion where certain buyers of real estate must pay Property Transfer…

Strong Growth in Property Sales

The strong growth in Cyprus property sales continued in February with the number of properties sold rising in all districts (with the exception of Larnaca) according to official figures. The Department of Lands and Surveys reports that the number of property sales contracts deposited at Land Registry offices across Cyprus in February 2018 rose 46…

Eden City Project Moving Forward

A PROPOSED €3.4 billion development project in Geroskipou in Paphos has finally been given a partial green light after protracted delays. Eden City, a project by Hungarian investor Atum Developments, is headed up by Sandor Kenyeres, and includes the construction of an artificial ‘luxury lifestyle’ island, a university, five-star hotel-resorts, multi-floor towers, medical centre, event…

Budget Homes in Cyprus

The time has come when you’ve finally decided to bite the bullet and buy your home…in Cyprus. Whether you are relocating for a lifestyle change or simply looking for a holiday home, buying your home away doesn’t have to be difficult, nor does it have to break the bank! You’ve been thinking about it for…

Home Prices Up Says Cyprus Central Bank

Home prices in Cyprus (houses and apartments) recorded a quarter-on-quarter increase of 0.5 per cent in the second quarter of 2017 according to the Cyprus Central Bank’s latest Residential Property Price Indices. Apartment prices Compared with the first quarter of 2016, apartment prices in Larnaca fell by 1.1% and by 1.0% in Paphos. However in…

Breast Cancer Awareness Event

On Saturday 18th November 2017, the Aphrodite Hills Retreat Spa are organising a Breast Cancer Awareness Day. By attending the event you will raise money for the non-profit organisation Europa Donna. A Gynaecological Health Day is also on offer at the Evangelismos Aphrodite Hills Hotel Medical Clinic.              

Immovable Property Tax Re-introduction?

  The International Monetary Fund (IMF) has released its ” Statement of the 2017 Article IV Mission “. All indications portray a positive outlook for Cyprus and with GDP growth at 3.6% compared to the same period last year the IMF has made several recommendations to ensure the growth is sustainable. One recommendation is the…

Paphos – Best City to Buy!

Paphos has been identified as the best city to buy a summer holiday home abroad by credit eligibility firm TotallyMoney. According to Mortgage Introducer website, TotallyMoney rated destinations based on average property price, temperature, the number of rainfall days, English proficiency, the daily number of flights, the average flight cost, the number of amenities (bars,…

Blevins Franks Seminar

  Pension news and opportunities The seminar will review pension legislation and the options available to you today, including increased transfer values and QROPS. Should you invest now? The seminar will look at the current investment climate and outlook, and discuss strategies for successful long-term investing. Elysium Hotel, PAPHOS Tuesday, 7th November 10.30 for 11am…

Aphrodite Hills Golf – PGA Status

Aphrodite Hills Golf, PGA National, Cyprus is elevating the standards of all golf lover’s vocation Aphrodite Hills Resort is delighted to announce that the 18-hole Championship Golf Course has attained the highest standard recognition in Golf, the PGA National, Cyprus. The course, designed to a world-class standard, is undergoing a €2.5m investment upgrade and complete…

Newsletters

At aphroditepropertysales.com we try to keep all of our prospective purchasers and current owners up to date with the news that matters from around Cyprus. Whether it is new regulations relating to purchases or introducing associates to help with all aspects of buying and selling property in Cyprus we will do our best to keep…

PwC Tax Figures

Our accountants, PricewaterhouseCoopers Ltd, produce an annual publication which provides valuable information about the tax system in Cyprus, based on the current tax legislation and practice. It is a rich source of general guidance that will enable you to effectively proceed with your tax planning in a timely manner. Download the PDF here

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