2019 – Infinity Properties

December 5, 2019

DONATION OF SHOE VOUCHERS TO CHILDREN OF POOR FAMILIES IN LARNACA FOR CHRISTMAS

Our company has distributed 110 Christmas shoe vouchers worth €2,750 from Shoebox stores, to children of poor families of Primary Schools in Larnaca. The vouchers were handed over to the Principals and Presidents of the Parents’ Association of the Schools to distribute to the poor children of the following schools: 1. Drosia Primary School 2. … Continue reading DONATION OF SHOE VOUCHERS TO CHILDREN OF POOR FAMILIES IN LARNACA FOR CHRISTMAS →

December 2, 2019

TRANSPORTATION OF NATURAL GAS TO CYPRUS BY 2021

Cyprus Finally in The Implementation Stage to Allow the Transportation of Natural Gas to The Island by 2021 President of the Republic Nicos Anastasiades said Cyprus is finally in the implementation stage that will allow the transportation of natural gas to the island by 2021, the CNA reports. Presenting the Cyprus Regulatory Authority for Energy … Continue reading TRANSPORTATION OF NATURAL GAS TO CYPRUS BY 2021 →

November 5, 2019

CYPRUS SOON IN THE SCHENGEN ZONE

Cyprus submitted application to enter Schengen area in September Cyprus submitted an application to become part of the Schengen area in September, Foreign Minister Nikos Christodoulides told parliament on Monday. “The government has submitted the application for security reasons and we are now expecting the European Union to come and start its evaluation process which … Continue reading CYPRUS SOON IN THE SCHENGEN ZONE →

November 4, 2019

EVICTION OF NON-PAYING TENANTS TO BE MADE EASIER IN CYPRUS

Parliament is set to pass an amendment to the rent control law next month that would make it easier for landlords to evict tenants who fall into arrears or deliberately don’t pay. Landlords will no longer be obliged to provide evidence that tenants are inconsistent towards their rent obligations, which made eviction of occupants, a … Continue reading EVICTION OF NON-PAYING TENANTS TO BE MADE EASIER IN CYPRUS →

August 21, 2019

TAXES WHEN BUYING A PROPERTY IN CYPRUS

In this post you will find out how much tax you will pay when buying a property (new or resale) in Cyprus. VAT (Value Added Tax) TRANSFER FEES STAMP DUTIES EXAMPLE 1 Buyer chooses to buy a new 2 bedroom apartment for 170,000 Euros + VAT. The buyer is a foreigner and this is the … Continue reading TAXES WHEN BUYING A PROPERTY IN CYPRUS →

July 31, 2019

CYPRUS AND EGYPT TO FURTHER ENHANCE THEIR COOPERATION IN TOURISM

Cyprus Deputy Minister for Tourism Savvas Perdios and Egyptian Minister for Tourism Rania al Mashat decided to step up their cooperation in the field of tourism, the Cyprus News Agency reports. Perdios met with Mashat on Monday in Cairo. The two officials have laid the groundwork for joint tourist packages which could bring the countries … Continue reading CYPRUS AND EGYPT TO FURTHER ENHANCE THEIR COOPERATION IN TOURISM →

June 6, 2019

CONSTRUCTION OF FIRST MALL IN LARNACA ABOUT TO BEGIN

Larnaca’s Metropolis Mall has secured all the necessary licences and its construction is about to begin. South African development company Acsion Ltd is behind the 40,000 square metre shopping centre while ‘Iacovou Brothers’ is responsible for the project’s construction. Both the local authorities as well as Acsion Ltd have confirmed the latest developments. The Group … Continue reading CONSTRUCTION OF FIRST MALL IN LARNACA ABOUT TO BEGIN →

May 14, 2019

BANK OF CYPRUS POSTS EUR 95 MLN PROFIT IN 1Q 2019

The island’s biggest lender Bank of Cyprus has made a positive start to the year posting a €95 mln net profit for the first quarter of 2019, although NPLs still weigh heavy. The Bank reported a “good capital position”, as at 31 March 2019 the CET1 ratio was 14.9% and the Total Capital ratio was … Continue reading BANK OF CYPRUS POSTS EUR 95 MLN PROFIT IN 1Q 2019 →

May 2, 2019

INDIAN BUSINESSES INTERESTED TO INVEST IN CYPRUS

The Cyprus Investment Promotion Agency (Invest Cyprus), recently held a business breakfast for the Indian companies operating in London. The business breakfast falls within the scope of Invest Cyprus’ mission to promote Cyprus as an investment destination and business hub, as well as the Agency’s broader effort to capitalise on the opportunities that arise from … Continue reading INDIAN BUSINESSES INTERESTED TO INVEST IN CYPRUS →

April 19, 2019

LARNACA 30 FLOOR TOWER COMING SOON

Lanomex Co Ltd, the company behind “Larnaca Tower” project in the area of Finikoudes in Larnaca, has submitted the final environmental report to the Environmental Department for the erection of the two impressive towers that will transform Larnaca Real Estate & Development. One of the two multi-storey buildings of the already known project will operate … Continue reading LARNACA 30 FLOOR TOWER COMING SOON →

Year: 2019