Bank of Cyprus announced that it has reached an agreement to sell more than 14,000 loans of €2.8 b (of which €2.7 b relate to NPLS) and secured by real estate collateral to Apollo Global Management for a gross cash consideration of some €1.4 b.
Property transactions rose in July,the highest since December, mainly on a strong performance of the real estate market inall cities, the Department of Lands and Surveys said.
The number of properties in Nicosia that changed owners rose 42 per cent las
A lot of development is taking place in Larnaca the last couple of years ,making it the right place to invest.
There are five new small boutique hotels recently erected, which coupled with the Ayios Lazaros square and the renovation of old buildings and
Properties for sale in Famagusta. Browse listings of houses, apartments, land, commercial property and other real estate for sale in Famagusta, Northern Cyprus.
Venetian walls encircle the old city having a circumference of 4,5 km and possesses eleven heart-shaped bastions. There are only three gates in the North, South and East. Famagusta gate is one of them. The gate was built in 1567 by Venetians, as a part of the new city walls and was originally called the Porta Giuliani after its designer Giulio Savorgnano who designed the Venetian walls. It was restored by the Ottomans in 1821 and a lookout was added to the gate for a probable Greek revolt. During the early Ottoman period, only Ottomans were allowed to pass through the gate on horseback, while Christians and foreigners were obliged to walk.
North Cyprus is a delightful, sun-warmed isle that lends itself to total relaxation. It is also an ancient treasure trove of history and ruins. Beautiful beaches and blue water offer a variety of water sports during the day, and nightlife thrives in the coastal cities after the sun sets. The busiest tourist season in North Cyprus is August through October. Looking at what the northern part of Cyprus has to offer may help formulate a wonderful kind of holiday that suits your time frame and scale of fun.