Property Transfer Fees REDUCED by 50%

CYPRIOT MPs voted unanimously to cut Property Transfer Fees by 50 percent as part of a wider tax reform package designed to modernise the island’s property tax system and encourage economic activity in the real estate sector. Transfer Fees Exemption: The reduced transfer fees will apply to all property sales and registrations of leases or subleases. In addition, the tra...

The President announced €60m worth of projects for Paphos

PRESIDENT Nicos Anastasiades on Monday announced €60m worth of projects for Paphos during the first stop on his ‘tour’ of all of the districts in Cyprus to announce development s plans. “I am pleased to announce new projects worth €60 million. The first of these is the regeneration of the traditional shopping centre and Kennedy Square at a...

The Development and Production Plan for the “Aphrodite” natural gas field

The Development and Production Plan for the “Aphrodite” natural gas field was submitted on Wednesday afternoon to Cyprus` Ministry of Energy by the partners in Block “12” of the Cyprus Exclusive Economic Zone (EEZ). Noble Energy International Ltd, Delek Drilling Limited Partnership and Avner Oil Exploration Limited Partnership, holders of a li...

Paphos

A charming west coast town, Paphos attracts many tourists due to its excellent amenities and attractive harbour, lined with bright fishing boats and restaurants.With a population of just 28.000 Paphos nestles in the lee of the Western Troodos Mountains, which add another dimension to this area of scenic beauty. The recent addition of its own international airport has opened up ...

Cyprus at a Glance

Rich in history and natural charms, Cyprus has much to offer the visitor. The following information is intended to give you a feel for the island and its people. Cyprus is an island of legends, which basks all year round in the warm Mediterranean sun. Its history goes back 10,000 years and it has seen civilizations come and go. Many people including Alexander the Great and C...

Medical & Health

In Cyprus health inspectors of the medical and public services of the Ministry of Health and the local authorities monitor the safety of food and drinking water quality. Food and drinking water are of high quality, absolutely safe and no food or water-born diseases occur.Water is safe to drink in Cyprus, as water pollution is negligible and every home has fresh running drinking...

Cyprus brief history

Cyprus is an island whose rich dramatic history can be traced back over 10,000 years. Cyprus has been so coveted over the centuries that it has been invaded and claimed by a fascinating mixture of civilizations from near and far all of which have left their culture and shaped its character. The archaeology of Cyprus can be traced from the Neolithic Age through the Ancient Gr...

Nicosia

Nicosia, the capital of Cyprus, is one of the oldest cities in this part of the world. Today it is sophisticated and cosmopolitan place, combining its historic past with the amenities of a modern city. It lies roughly in the centre of the island in the Mesaoria Plain, flanked by the beautiful northern range of Kyrenia Mountains with its distinctive 'Pentadaktylos" - the five fi...

Larnaca

Larnaca is one of the oldest continuously inhabited cities in the world and it is the modern tourist gateway to Cyprus. Find out more about its attractions below.Larnaca is the third largest town in Cyprus after Nicosia and Limassol and has a population of around 100,000.The local economy is largely geared towards tourism and is home to the island's main international airport, ...

East Coast

Famagusta is located near the capital city of Nicosia. A seaport, Famagusta is a centre for the export of citrus fruits and other agricultural products and livestock. Other major economic activities include cotton spinning, the distillation of brandy, and fishing.Near the town are the ruins of the ancient city of Salamis, destroyed in AD647. Famagusta was a haven for Christian ...