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A group of experts from the European Commission and the supervisory authorities of the EU member states has reached Cyprus, November 24, 2019, under the purpose of assessing how ready the island country is to join the Schengen Area after it filed a membership request in September this year.
A working group has been formed to expedite procedures for cancelling visas for Cypriot passport holders who wish to travel to the United States.
We are glad to that our company has won a European Property Award in a category for real estate agencies with over 5 offices.
Specialists are confident over the future of the Cyprus property market, saying that the upward trend in house prices is combined with an ongoing increase in demand for real estate.
The number of property sales in Cyprus continued to rise in September with the number of sales contracts deposited at Land Registry Offices across the Republic up 14 per cent compared with September 2017.
Cyprus got its investment credit worthiness back on Friday as Standard & Poor’s raised the country’s credit rating from BB+ to BBB- with a stable outlook, five years after the financial collapse.
The number of building permits for the construction of new homes in Cyprus rose 44.6 per cent in April 2018 compared to April 2017 providing for the construction of 418 new homes.
Pafilia property developers are planning to build four high rise residential towers in Limassol of 43, 38, 31 and 25 storeys next to Limassol Municipal gardens, the tallest of which will reach 173 meters.