Apart from the unforgivable bureaucracy in this country, there have been problems in recent years in the execution of public tenders for infrastructure and other state projects. Each government tries to promote
The rising cost of construction in Cyprus, the restriction on the supply of suitable units in residential and central areas, VAT, the lack of titles, etc., have all turned the interest of
When deciding where and when to build the new Ayia Napa-Paralimni golf course, the primary concern should be the Public Interest for the benefit of the area and economy, while the classification
We have studied the Auditor General’s report and his negative position on the proposal to create a golf course in the Cape Greco area between Paralimni and Ayia Napa and the need
Eurostat recently published comparative rents, compiled with our contribution, for apartments and houses in the capitals of EU states, showing Nicosia has cheaper rents than most. The data also indicates that Nicosia
There is keen interest in installing photovoltaics on roofs or elsewhere, and based on the government’s subsidised programme, PV systems operate by offsetting the electricity produced and consumed. That is, each home
When you see notices for auctions or foreclosures for the sale of real estate, you can only wonder if the managers, owners, or investors can dispose of these properties correctly. In many
The inflation rate in Cyprus is declining but still high [at 6.7% in February]. Interest rates are low, 1.29% for household deposits and 1.27% for business deposits. In addition, there are no
Cyprus, an EU member, is a land full of history, beautiful beaches, about 350 days of sunshine, delicious Mediterranean cuisine, and captivating natural mountain and beach areas. It offers top amenities to
Here is some more useful information you need to know when buying immovable property in Cyprus. If there is a building on the property, then you should verify its legality and whether
