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 Nicosia, Cyprus. Search thousands of homes in Nicosia including villas, houses, apartments, townhouses, offices, factories. Nicosia is the capital of Cyprus; the only remaining divided capital in the world. The Nicosia district combines its cultural heritage with the contemporary way of life. The capital is steeped in history with large Venetian walls encompassing a beautiful old city. There is also a museum containing many amazing artifacts dating back to a time long ago.
In the countryside you’ll encounter olive groves and various orchards leading up in to the renowned pine forest of the Machairas Mountains on top of which lies a centuries old monastery. From the monastery which is dedicated to the Virgin Mary and is one of the jewels of Cyprus, you can look down on to the picturesque valley with a brilliant view in all directions.
Traditional villages with cobbled streets are spread throughout the rural areas of the Nicosia district. The village of Fikardou, declared a national monument, was awarded the Europa Nostra award in 1987 and is a must-see if you are in the vicinity and want a strong taste of the Cyprus rural life.