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Developments
The thirty-year saga of the Paphos marina continues
The Ministry of tourism’s announcement that the process to open a tender to secure the services of a specialised consultant to examine the proposal of establishing a combined marina and cruise ship docking facility in Kissonerga in Paphos, with no mention of an environmenta...
Local News
3 years ago
Cyprus real estate stricken by pandemic
The Cyprus real estate sector will take a significant hit from the COVID-19 pandemic, as in times of uncertainty investors tend to minimise property transactions, experts argue. With the novel coronavirus threatening to usher another recession, just 12 years after the last one, ...
Local News
4 years ago
Ayia Napa Marina starting operations soon
Ayia Napa Marina project is in the final phase of its construction, gearing up for the start of operations, with the main infrastructure building works nearing completion.This marks a milestone for the iconic project, promoting development and projecting the power of Cypriot entr...
Local News
4 years ago
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 Lt...
Local News
5 years ago
The president announced €60m worth of projects for paphos
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 ...
Local News
6 years ago
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 ...
Local News
8 years ago
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