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 sale in LIMASSOL, Cyprus. Search thousands of homes in LIMASSOL including villas, houses, apartments, townhouses, offices, factories.
Limassol or Lemesos as pronounced in Greek is the second largest city in Cyprus and the most southern of Europe. It is also considered as one of the most attractive cities of the island. Its population is about 100,952 residents within the municipality borders and about 180 thousand in the surrounding rural areas. Limassol is well known for its rich night life as well as the largest port in the Middle East.
Property for sale in LIMASSOL (also known as Lemesos) is a shoreline city that sweeps along a broad stretch of beach. This is the cosmopolitan hub of Cyprus, effortlessly blending sophisticated modernisation with its ancient past. Hip restaurants and cafés cluster around the restored old town center, while a busy port nearby is soon to be balanced with an ultra snazzy new marina set to open within the next couple of years.
Perfectly placed to explore the beaches of the Akrotiri Peninsula, as well as the drop-dead gorgeous mountain villages that tumble down the lower slopes of the Mandaria region and snuggle within the Troodos Massif (Troodos Mountains) and Ancient Kourion (Cyprus' number one archaeological site), Limassol is a great base for travelers who want to temper the sandy beach-bum fun with swags of culture.