News

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…