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 Paphos among the cities of Cyprus Paphos occupies a special place. Located on the coast, this city has absorbed many beautiful features: warm climate, beautiful scenery, historical monuments.
Within just several years Paphos turned from a quiet town into a major luxurious resort that is rich in tourist attractions and famous for its beautiful nature. The resort is open to visitors all year round. The sea here is always warm and the weather is sunny and windless.
Start your acquaintance with the city from visiting its historical and cultural monuments. Pafos Medieval Fort is one of them. It was built in the days of Alexander of Macedon and served as the main fortification facility. Among the attractions of Paphos there are sights that are included in the UNESCO list. The ancient town Nea Paphos is one of such sights. On the territory of the old town you will see the houses made yet by the Romans. The buildings are decorated with beautiful mosaics. Even now tourists can see the scenes from the famous myths that are laid on the floor and walls and are made of colored pebbles.
Don’t forget to participate in an excursion to one of the oldest cemeteries of Paphos, which is called the Tomb of the Kings. This place was used to bury people yet in the 3rd century BC.