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
Rent Property Nicosia. Call on +357 246 50 384 to arrange an appointment with one of our estate agents. Nicosia Apartments concentrates on offering information and links to companies within Cyprus who are the leaders in their field.
Nicosia City also known as Lefkosa is another excellent place to visit during your stay in North Cyprus. This city is undergoing some dramatic changes and a visit is something that you really must do.
This historic walled city is a wonderful place to shop and eat and no holiday to North Cyprus would be complete without a visit. Be sure to bring your rental car if you plan on shopping though as you may find it very hard to get home with all those bags otherwise. The major commercial centre of this city is located outside the walls but once you wander into the old city you will find bazaars and markets where you will find everything you could need. There is food, clothes, and numerous souvenirs for you to choose from.
Restaurants here have everything you could possibly eat from traditional meze to local beers and wines. Nicosia also has traditional bath houses where you can relax and take a break after your day of shopping.
There are not that many hotels in North Nicosia at present but this will probably change as time goes on. Most holiday makers that arrive in North Cyprus choose to stay in Kyrenia or Famagusta but a day or night trip here is definitely one that will be memorable. At night time the city comes alive and if you have a rental car you really must be sure to see this. Bus services don’t run at night time in North Cyprus so a rental car or taxi is the only way to see this fantastic city come to life at night.