RICS: Property prices increase in Q4 2017

Property prices in Cyprus increased in the fourth quarter of 2017, as recorded by the the thirty-third publication of RICS’ Cyprus Property Price Index, released Tuesday.According t [...]

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BY Elena Economou
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May 30 2018

Department seeks help of private appraisers

The Department of Lands and Surveys will soon invite tenders from private property appraisers to take part in efforts to reassess the value of some two million properties at current prices. Limited i [...]

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BY Elena Economou
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May 28 2018

Google and Facebook accused of GDPR violations

As Europe’s new privacy law took effect on Friday, one activist wasted no time in asserting the additional rights it gives people over the data that companies want to collect about them. Austrian M [...]

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BY Elena Economou
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May 26 2018

Cyprus’s competitiveness ranking falls, UCY says

The US, Hong Kong, and Singapore were ranked first, second, and third while Venezuela, Croatia, and Brazil took 63rd, 62nd and 61st positions respectively, according to the report. Cyprus fell behind [...]

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BY Elena Economou
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May 25 2018

EC recommendations for Cyprus

The European Commission presented yesterday the 2018 country-specific recommendations (CSRs), setting out its economic policy guidance for Member States for the next 12 to 18 months. [...]

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BY Elena Economou
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May 24 2018

Total applies for a stake in block 8

French energy giant TOTAL applied to the Cyprus government to acquire a stake in block license 8 in the Cypriot Exclusive Economic Zone currently owned by Italy’s ENI.ENI and TOTAL a [...]

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BY Elena Economou
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May 23 2018

Government to limit Golden Visas to 700 a year

Every application will also be subjected to an enhanced due diligence, the PIO said, after the cabinet meeting. The government’s golden visa scheme introduced in the current form in 2014 and amende [...]

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BY Elena Economou
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May 22 2018

Permits for new homes up 12.5 per cent

The number of building permits for the construction of new homes in Cyprus rose 12.5 per cent in February 2018 compared to February 2017 providing for the construction of 431 new homes.Compared to Feb [...]

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BY Elena Economou
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May 21 2018

New record for tourist arrivals

Tourist arrivals for the period of January-April 2018 totaled 683.581 compared to 572.024 in the corresponding period of 2017, recording an increase of 19,5% and outnumbering the total [...]

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BY Elena Economou
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May 19 2018

A new era for Larnaca

SOMETHING is changing in Larnaca with many projects underway both of the public as well as the private sector. What is noticeable is the “renovation” of the old city extending from the coastal lin [...]

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BY Elena Economou
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May 18 2018