Larnaca Marina Port
Plans for the new Marina in Larnaca have finally been approved and construction will begin 2022. The first to be transformed will be the reconstruction and expansion of Larnaca’s port and terminal. Moreover, this will change the seaside landscape of Larnaca whilst 4000 jobs will be created generating billions for the economy. Firstly, the new […]
WHY IS CYPRUS CONSIDERED A TAX HAVEN
Cyprus Tax Heaven offers a plethora of benefits for investors and companies looking to incorporate in the European Union. Since the country’s entry in the EU, they have restructured their finance regulations and their Company Law to conform to EU regulations and since 2004 have been offering a new form of resident and non-resident-based companies […]
THE NEW LARNACA
On the 19th of April 2021 the Larnaca Council signed the contracts for a new innovative Larnaca square. The vision, is a pedestrian friendly city centre that can be accessed by everyone and it will begin from Acropoleos Square all the way to Louki Akrita Avenue which will connect everything within a walking distance to […]
HADASSAH HEALTH PARK
The long-awaited Hadassah Health Park is coming to life in Nicosia, Cyprus. The world class regional healthcare hub in Cyprus, provides advanced and comprehensive medical services that focus on the patient’s clinical care excellence. H.C. Management of Medical Center PLC (MMC) collaborated with Hadassah Medical Ltd of the renowned Hadassah Medical Organisation, to bring the […]
GREEN LIGHT FOR FUEL TANKS DEMOLITION
After years of talking and negotiations, the Mayor of Larnaca Mr. Vyras finally has given the green light of the removal of the fuel tanks. The demolition includes dismantling all the buildings, pipelines, tanks and machinery which are part of the company’s petroleum storage and distribution facility on the Larnaca – Dhekelia road. According to […]
NEW PROJECT IN LARNACA – THE WAVE TOWER
The new Wave Tower is an iconic new development of 14 high quality 2 and 3 bedroom apartments positioned in a prime location within walking distance of the new Marina and Larnaca’s vibrant city centre. Furthermore, its unique design and location provides a prestigious home for selected owners that value privacy, while investing in an […]
CYPRUS TO POSSIBLY JOIN THE SCHENGEN AREA
Cyprus is in negotiations to be included in the Schengen area as most Permanent Resident holders are of Chinese Nationality. In addition, they also called for Cyprus to expedite procedures for accession to the Schengen area, which would allow successful applicants to travel to countries covered by the agreement. “The fact that Cyprus is outside […]
AMERICAN UNIVERSITY LARNACA
The American University of Cyprus (AUCY) will open its doors in Larnaca in September 2021 while its second campus in Ayia Napa is still under construction and will begin welcoming students in the near future. In addition, the new university offers undergraduate and graduate courses largely in business, science and technology thus, the only university in […]
NEW OPPORTUNITIES
As more vaccines roll out by the summer of 2021, the predictions for the real estate market look positive. This year will create new opportunities for investments forecasting an explosion of pent-up demand for travel and leisure, producing a period of ‘growth’ which will accelerate in 2022 and as we move forward in the upcoming […]
REAL ESTATE MARKET -COVID19
Real Estate is the fastest-growing sector in Cyprus and despite the pandemic, it still increased its contribution to Gross Value Added (GVA) by 4% to 17% during the 12 months to 30 June 2020, according to the recently released PwC report “Cyprus Real Estate Market H1 2020.” The report documents a shift from reliance on […]
