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 […]
METROPOLIS MALL LARNACA
Larnaca is getting for the first time a mall in its own district. The mall is a South African investment which is estimated to reach €60 million. As the investor has stated, the whole project will be ready within 18 months from the day of the issuance of the building permit. Metropolis Mall is said […]
