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The European Commission has given the nod to the levying of the reduced 5 per cent VAT on first homes in Cyprus, the finance minister.
A plan for renovation and affordable rent is also opening soon (AMOUNTS/BENEFICIARIES) The Ministry of the Interior is proceeding with the announcement of new housing projects ,.
The Mortgage-to-Rent scheme, the latest lifeline thrown to defaulted borrowers, is going ahead, as KEDIPES, the state-owned Asset Management Company, announced its blueprint on Tuesday..
Construction activity has made a strong recovery from the impact of the COVID-19 containment measures in 2020, with the number of building permits authorised during.
2019 was a fantastic year for Cyprus. Tourism in Cyprus has been on the increase for many years, and 2019 saw a record-breaking level of visitors flocking to this beautiful sun-soaked island..
The Cyprus property market continues its recovery with sales to the domestic and EU market leading the way. During June a total of 924 contracts.