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18th Oct

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FEATURED FOR SALE

Brand New Modern House for Sale Detached House, Nicosia
€330,000
Brand New Modern House for Sale
The most prized curve of beachfront villas Detached House, Pafos
€4,530,000
The most prized curve of beachfront villas
Stylish House in Engomi under development Detached House, Nicosia
€880,000
Stylish House in Engomi under development
Luxurious Four bedroom for sale in Latsia Detached House, Nicosia
€495,000
Luxurious Four bedroom for sale in Latsia
Fine residence in Platy with private lift Semi Detached House, Nicosia
€765,000
Fine residence in Platy with private lift
Luxurious 2 bedroom flat at Platy area Apartment, Nicosia
€270,000
Luxurious 2 bedroom flat at Platy area

Passport investment scheme a ‘useful t...

Passport investment scheme a ‘useful tool’ to boost economy
The government does not directly receive any cash from the citizenship-through-investment scheme, the finance minister said on Monday. “The state does not collect a single euro. The benefit is an indirect one, and has to do with invigorating the economy through a series of investments in various sectors,” Harris Georgiades told MPs. The passport scheme is a “useful tool” and the government intends to keep it in place, the minister said, amid reports that the European Commission was none too happy with Cyprus ‘giving away’ passports. Georgiades said reports that 1100 passports had been issued via the programme since it was introduced four years ago were misleading. Whereas the scheme does inject much-needed cash into the economy, he added, one should not overestimate its impact. The citizenship programme brought in €3.3 billion in foreign investment by the end of 2016. A parallel scheme providing a permanent residence permit to those buying homes worth €300,000 yielded an additional €700 million over the same period, bringing the overall total to €4 billion. But Georgiades noted it was important to make the distinction that this cash does not end up in state coffers. The only benefit to the state comes indirectly, from property…

1 day ago

FEATURED FOR RENT

Apartment, Nicosia
€3,500 Per month
Upper Level Listed House For Rent
Apartment, Nicosia
€750 Per month
Luxurious two bedroom apartment at Platy
Detached House, Nicosia
€3,500 Per month
Beautiful Detached House For Rent in Devtera
Office, Nicosia
€12 Per square metre
One of the best office buildings in Nicosia
Office, Nicosia
€15 Per square metre
New office building in Prime location
Office, Nicosia
€12 Per square metre
High end office space in City Center


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