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Category Archives: Buying Properties

MASTER PLAN OF SINGLE DEVELOPMENT OF PORT AND MARINA L...

The visit of the Mayor of Larnaca took place on Wednesday, August 25, 2021 Andrea Byra and Scales of the Municipality’s Urban Planning Committee at the premises of Kition Ocean Holdings Ltd, Larnaca Port. The purpose of the visit was to present the new revised Master Plan of the Single Port Development and Larnaca Marina. The presentation was made by the CEO of Kition …

Free Houses offered to people willing to relocated to ...

Over the past few years, numerous towns in Italy have resorted to selling homes for just over a dollar in a bid to revitalize their dwindling communities. Zungoli near Naples and Sicily’s Sambuca were the most recent Italian destinations to get in on the act, launching schemes promoting dilapidated properties for just over a dollar with the hope of attracting new residents. Now, the …

Upcoming auctions for houses in Cyprus coming soon

Auctions by banks and private funds that have bought non-performing loans in Cyprus are taking a short break in August but with a strong comeback. Ministry of Interior data shows foreclosures to be running at full-speed up until August 9. And after a short break, a strong comeback is set for August 19 with fields, plots of land, homes and shops in all districts …

Tricks you should know about House insurance

VERY few people read let alone understand the small print when they take out insurance for property. Even if you insure a building for ‘all purposes’ including acts of God (rain, floods etc) be sure that the insurance company has its back covered to avoid a reduction to your claim. Recent events have come to our knowledge leading us to express the following: Excess: …

Which bank in Cyprus has the smallest housing loans op...

The island’s credit institutions have very attractive housing loan schemes on offer for young people who want their own roof but don’t have the cash. However, with the shadow of non-performing loans because of malpractice still hanging over their head, banks are now extremely cautious with lending criteria.  But his does not imply that young people are restricted from getting a housing loan. INSIDER …

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