Cyprus News

Radisson Blu comes to Larnaca

Radisson Blu comes to Larnaca

An impressive new arrival in Larnaca is enhancing the town’s tourist profile, as the Radisson Blu Hotel has officially begun operating as Cyprus’ first business hotel. Located in the center of Larnaca besides the harbor and a mere 10 minute away from Larnaca International Airport, Radisson Blu Hotel promises a stay of the highest quality. [...]
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NPLs Pushing Down Cyprus Property Prices

NPLs Pushing Down Cyprus Property Prices

A EUROPEAN Commission report suggests that the high number of mortgage-backed NPLs is pushing property prices downwards. According to the EC’s report entitled ‘Housing Market Developments in Cyprus‘ the large mass of NPLs is on the one hand affecting banks’ capacity and willingness to give out housing loans, and on the other is putting pressure [...]
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Natural gas Pipeline Deal

Natural gas Pipeline Deal

Egypt and Cyprus on Wednesday signed an agreement for the construction of an underwater pipeline to export natural gas to Egypt. The deal was signed at the presidential palace by Energy Minister Yiorgos Lakkotrypis and Egypt’s Oil Minister Tarek el-Molla. The Energy Minister, Mr. Lakkotrypis said the agreement aimed at ensuring the timely and safe development, [...]
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Horse Riding at Aphrodite Hills

Horse Riding at Aphrodite Hills

Horse Riding might not be the first activity on your mind when you arrive at the Aphrodite Hills Golf Resort but it is actually a fabulous opportunity to appreciate the calm and beauty of the slice of Cyprus countryside which surrounds the Resort. Hidden 3km into the hills above the resort this well run riding [...]
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Property Sales Up 14% for August

Property Sales Up 14% for August

The number of property sales in Cyprus continued to rise in August with the number of sales contracts deposited at Land Registry Offices across the Republic up 14 per cent compared with August 2017. The number of property sales contracts deposited at Land Registry offices across the Republic of Cyprus during August 2018 rose 14 [...]
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Limni Golf Resort Is Now Down To EU

Limni Golf Resort Is Now Down To EU

Limni golf resort is now down to EU Although planning permits for the controversial multi-Euro golf course and resort complex at Limni have been issued, the EU has yet to receive details to ensure they comply with their environmental recommendations. Filed Under THE GREEN light granted to the controversial Limni Bay project in the form [...]
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Small Rise in Cyprus Property Sales

Small Rise in Cyprus Property Sales

THE NUMBER of property sales contracts deposited at Land Registry offices across the Republic of Cyprus during June 2018 rose just 2 per cent compared to June 2017 according to official figures published by the Department of Lands and Surveys. This follows increases of 23% in May, 29% in April and 23% in March and [...]
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Cyprus Property Prices Continue to Rise

Cyprus Property Prices Continue to Rise

The RICS Cyprus Property Price Index for Q4 2017 reports price increases for another quarter with significant price rises for houses and apartments in Limassol and Larnaca and offices in Nicosia. The THIRTY-THIRD publication of the RICS Cyprus Property Price Index reports that the average price of residential apartments and houses across the island rose [...]
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Small Rise in Cyprus Property Sales

Cyprus Property Sales Up by 29%

The number of property sales in Cyprus continued to rise in May with the number of sales contracts deposited at Land Registry Offices across the Republic up 29 per cent compared with May 2017. THE NUMBER of property sales contracts deposited at Land Registry offices across the Republic of Cyprus during May 2018 rose 23 [...]
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