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
Property for rent in Limassol, Cyprus. Search thousands of homes in Limassol including villas, houses, apartments, townhouses, offices, factories
Limassol's historical centre is located around its medieval castle and the old port. Today the city spreads along the Mediterranean coast and has extended much farther than the castle and port, with its suburbs stretching along the coast to Amathus. Limassol is the second largest town in Cyprus after the capital Nicosia.
The medieval Castle of Limassol houses the medieval collection of the Cyprus Museum since 1987. Although there existed earlier architectural phases of an older and larger structure, the present edifice dates to the period of Ottoman rule.
The castle is one of the ten castles of Cyprus. The Agia Napa church was built towards the end of the 19th century and early 20th century, replacing an older 18th century church. It is dedicated to the Virgin Maria. What is today known as the Limassol Old Port used to be the main port of Limassol.