Real Estate News

Cyprus real estate will hold firm in 2021

While uncertainties remain for 2021, the Cyprus property market will continue to show its strength.With at least two viable vaccines, low mortgage rates, tight supply and supportive government initiatives; the housing market will remain stable in 2021.

25th January, 2021

Tax incentives to attract foreign individuals into Greece

We have to mention another tax breakthrough which was passed right after the new Prime Minister took office, and certainly can lead to an economic growth, that is the ‘freeze for 3 years’ of VAT 24% in the construction industry (‘E 2006/2020’).

07th January, 2021

Happy Holidays

Happy Holidays from everyone at First Class Homes. We hope your holidays will be filled with joy and laughter through the New Year.

24th December, 2020

Getting Greece Golden Visa is even easier

The Greek government has taken a step further to improve the time period to issue the Golden Visa, a measure that can help the market during covid times.

21st December, 2020

Dione management

We would like to inform you that Dione is no longer under the management of our company and we don’t bare any responsibility from now on due to some issues with main investor.

15th December, 2020

Limassol will get a new 10,000 square metre park in Zakaki

Limassol will get a new 10,000 square metre park in Zakaki that will upgrade quality of life in the western suburbs, mayor Nicos Nicolaides said.

07th December, 2020

Successful Employee Training and Development

We understand that the working enviroment is rapidly changing, and we realise the importance of your making the correct decisions when buying or selling property and our role is to support and advise you every step of the way.

14th October, 2020

Property sales show signs of recovery

Following five successive months of falls in the number of Cyprus property sales, the Department of Lands and Surveys reported a double-digit increase in sales during September compared to September 2019.

05th October, 2020

Unique theme park to be created in Nicosia

The Environmental Authority gave the green light for the development of leisure and sports facilities with supportive use – a 200-bed hotel in the communities of Ag. Ioannis and Menoikou, cost € 25-30 000 000 and the floor is now in the Deviations Study Council, which is called to consider the location of the project before the final decision is made by the Department of Urban Planning.

04th September, 2020

The New Changes Of The Cyprus Investment Programme

As a partners of an officially accredited with the Ministry of Finance of Cyprus provider of the Programme, we hereby inform you of the final changes officially published in the Government Gazette on August 17-18, which came into force.

24th August, 2020

Why this casino resort is such big news

The fact that this is the island’s first casino is already pretty big news but this resort is expected to be the talk of the decade. The entire project will cost around €550 million and will consist of plenty of amenities such as luxury accommodations, swimming pools, spas, and much more.

17th August, 2020

Solar park in Alassa, Limassol, ready to launch

A 50 MW solar park in Alassa, Limassol, is ready to launch now that the government has signed the agreement with the consortium behind the ambitious energy plan.

06th August, 2020