Following the several Coronavirus lockdowns , as well as the conflict in Ukraine and uncertain socio-economic conditions worldwide, the global real estate market has seen unprecedented growth in 2022. This is perhaps best illustrated in Cyprus, where the
Cyprus implemented the provisions of the 5th AML Directive into domestic law. This establishes central registers of ultimate beneficial owners.
In Cyprus two such registers are established:
the Register of Beneficial Owners of Companies; and
Cyprus reopens tourism industry.
Cyprus,has intensified efforts to lure vaccinated tourists .
Cyprus has already opened its door to tourism while Greece followed suit as of May 14.
Just like other competitors, Cyprus is eyeing tourists from the UK,Ge
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.