Developers News Archives

Land Registry Offers Clarity on General Property Valuation in Larnaca Real Estate

Meta Description: Read about the recent clarifications provided by the Land Registry in Cyprus regarding the General Property Valuation process in Larnaca real estate. Understand the significance of t…

Living in Cyprus

Discover the benefits of living in Cyprus, a beautiful island in the Mediterranean Sea. Learn about the culture, lifestyle, climate, and opportunities that await you. Contact New Zoe Developers today…

Global Firm Marks First Year In Cyprus With New Larnaca Office

DataArt, a global software engineering firm, has opened a new office in Larnaca, Cyprus, to mark its first anniversary in the country. The new office is located in the prime business center of Larnaca…

Evolving Trends In Cyprus Real Estate Market

The article discusses the current state of the real estate market in Cyprus in 2023. It highlights that the market is experiencing its most active year since 2008, based on the analysis of sales contr…

Discover Larnaka Municipality’s Acclaimed Blue Flag Beaches

Located on the southeastern coast of Cyprus, Larnaka Municipality boasts some of the world’s most spectacular Blue Flag beaches. These pristine stretches of sand and sea are renowned for their cleanli…

Law On First Homes Reduced VAT Passed

The Cypriot parliament has passed a law allowing for a reduced value-added tax (VAT) rate of 5% on first homes. The discounted rate will apply to the first 130 square meters of a first home, up to a v…

Palm Beach Hotel Is Being Renovated In Larnaca

The Palm Beach Hotel in Larnaca, a well-known establishment in the tourist area of Oroklini, has been purchased by an Israeli company with interests in other hotels in the region. The hotel has…

Accor Is Introduced To The Cyprus Market With Mercure Larnaca Beach Resort

Accor Group’s mid-range hotel chain, Mercure, has entered the Cyprus market with the opening of Mercure Larnaca Beach Resort in Oroklini. The hotel, situated on the coast, welcomed its first guests on…

Apartments Outshine Houses In Booming Larnaca Property Market

Apartments Outshine Houses in Larnaca Property Market: Key Insights Cypriot firm Ask Wire recently released a report on real estate sales in Larnaca, covering 2022 and early 2023. The report sheds lig…

Property Sales Up 34 Per Cent (Update)

Property sales in May rose 34 percent compared to the same month last year according to official statistics from the Department of Lands and Surveys. The total number of sales (as measured by the…

Chaos For A Property In Larnaca

Those involved in the real estate sector, as well as the local authorities of Larnaka, characterize as unprecedented the demand for real estate shown in recent months, mainly by foreigners. This is ma…

Real Estate Investing In Larnaca

Real Estate Investing In Larnaca Larnaca is a booming city for real estate investment in Cyprus, thanks to its attractive features and development projects. Here are some of the reasons why investors…

€16 Million For University Faculty In LarnacaLarnaka is waiting for the approval of its proposal by the Council of Ministers for the creation of a university school of Marine Sciences, Technology and Sustainable Development of CUT in order to put the plans on the rails for this request, which has been a fervent desire for many years.

Larnaka Municipality has reached the source many times, but its efforts did not bear fruit mainly due to the withdrawal of the University of Cyprus citing high costs. For this reason, following the ag…

At €1.7 Billion. Property Sales In The First Quarter

At €1.7 billion. The value of properties sold during the first quarter of 2023 has arrived. Despite the accumulated challenges that dominate and begin to affect the real estate market, we observe that…

Roadmap For Development In The Area Of Former Refineries

The lifting of the Seveso directive from the area of the former refineries last Friday paves the way for large investments in the area, which will be located in an area of more than 4.5 square kilomet…

New Rules For Permanent Residency Status, More In The Pipeline

The latest Cabinet decision revising criteria for third country nationals who are investing in Cyprus comes in tandem with a slew of other measures the interior ministry wants to take as part of a cha…

A Matter Of Days The Declassification By Seveso Of The Eastern Coastline Of Larnaka
Very soon, the eastern coastline of Larnaka, where the oil facilities were located, will be declassified by the Seveso risk directive.

This assurance was given through a letter by the Minister of Energy, Commerce and Industry, George Papanastasiou, who was responding to questions put to him by Larnaka MP Christos Orphanides on the sa…

AUDIO/ P. Loizou: What Is Currently The Best Investment In Real Estate?

The assessment that the properties that currently have the best returns are two- and three-bedroom apartments in urban centers and coastal areas, expressed speaking to Active the CEO of Ask…

John Christodoulou: The “Secrets” For Real Estate Investments

Self-made tycoon John Christodoulou described the real estate sector as the best business sector in the world for any investor in his speech at the 17th Conference & Exhibition on Land Development…