* Slight decline in European commercial investments * The third round of stress tests carried out by the Bundesbank and the Federal Financial Supervisory Authority (BaFin) concluded that, despite constantly rising property prices, there are no indications of a property price bubble in Germany, according to the Immobilien Zeitung. The latest stress tests analysed
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Property sales continued to grow (19%) for the nine consecutive month in 2017 compared to the same period last year, both from the domestic and especially from overseas markets, with Paphos district maintaing the lead. During the first nine months of 2017, domestic sales contracts rose by 12% and to overseas buyers by 42%, compared
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The Londa Beach Hotel, a member of the Small Luxury Hotels, was declared Cyprus’ Leading Boutique Hotel 2017 at the World Travel Awards (WTA) Europe gala, held at the Marble Hall of the Russian Museum of Ethnography in St. Petersburg, Russia. This is the eleventh year in a row that the Londa wins such awards.
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. By Antonis Loizou F.R.I.C.S. – Antonis Loizou & Associates Ltd – Real Estate Valuers & Estate Agents. It will never cease to amaze me the indifference of associations, professional bodies, government and others, regarding crucial aspects of the construction sector. I write regularly on a weekly basis on various subjects including the
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. The parliamentary vote last week about the fate of red-plate hire cars turned out to be a farcicomical session, a bizarre event that dragged on for almost as long as the heated debates on the national problem or the annual budget. This was supposed to be a simple, procedural piece of legislation that
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Maritime experts meeting in Limassol discussed how two major co-financed projects – Poseidon Med II and CYnergy – could be the stepping stones for turning Cyprus into an energy hub and Eastern Mediterranean marine transportation with a sustainable, eco-friendly profile through the use of LNG. The conference entitled “LNG: the meeting point for Marine, Transport & Energy
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* Limassol conference deals with regulation, pricing, pollution and hi-tech * More than 850 shipowners, managers and maritime professionals meeting in Limassol this week seem to agree that the industry’s difficult years are behind them and that the future bodes well for the sector. Lively debates during the biannual Maritime Cyprus conference, co-organised by
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The foundation stone of Limassol Del Mar, the EUR 350 mln landmark development in the coastal town, was unveiled in the presence of President Nicos Anastasiades, dignitaries and other business personalities. Following a blessing ceremony, Michalis D. Zavos, Chief Executive Officer of the D. Zavos Group and Director of the Cypeir Properties consortium, referred
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The prospects of using electricity in marine transportation and the links with the renewable sources of energy were the main areas of discussion among the key stakeholders, during the event organised by the EU co-funded project “elemed” in Limassol. The event brought together local stakeholders, delegates from the marine and energy industry, representatives
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The final Island Villas at Limassol Marina have now been completed. A majority of these marina homes are already occupied by their residents, leaving just 20 units available for sale; the last villas on the sea in the region. They benefit from their own exclusive water-space, or designated private berths for yachts up to
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