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Rob Cooper

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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

Pafos 2017

The title of the European Capital of Culture in 2017 has led to a high quality programme which is now being implemented with great optimism, passion and vision. The launching of Pafos 2017 European Cpatital of Culture and more importantly the programme as a whole is considered more as a starting point and not as…

Market Review 2016 / 2017

‘Business not as usual’ Political events towards the end of 2016 have brought about unprecedented uncertainty as we approach the property selling season of 2017. 2016 Last year was positive for the Cyprus economy and the property market with a number of factors that enhanced Cyprus’ standing internationally and helped tourism and property sales. In…

Troodos in winter!

If you were looking for snow over the Christmas period, you didn’t need to look further than Troodos. The snowfall on the mountain these past few weeks, whilst it may have created havoc for unwary drivers, has provided enough snow to kick off a great skiing season. The Troodos Ski Resort on Mount Olympus offers…

Cyprus Property Taxes in 2017

There have been a number of changes to various property taxes in Cyprus in recent times and a summary of the impact of those changes for individuals with property on the island are summarised below. RECENT changes to property taxes in Cyprus will benefit both those who have purchased property and those planning to purchase….

New Casino in Limassol

Melco-Hard Rock Casino Bid Having beaten off 7 other contenders, it has recently been announced by the Commerce Ministry that the Melco-Hard Rock Resorts Cyprus consortium has been given the go-ahead to file for a permit to proceed with the construction of what will be one of the largest integrated casino resorts in Europe. The…

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