Beautiful and picturesque Paphos is once again becoming the attraction for the majority of the European and Non-European buyers of properties in Cyprus. For the last consecutive 11 months, Paphos is in the lead as the most popular district for overseas buyers.
Global Law Experts published their new magazine for the Annual Awards Winners for 2018. Our firm won the position of “The Contract Law Firm of the year in Cyprus”.
FOR THE WEEK 13/08/18 – 17/08/18 YOU CAN FIND US AT THE BEACH……OUR OFFICE WILL BE CLOSED FOR THE SUMMER HOLIDAYS! WE RETURN ON 20/08/18 WITH MORE ENERGY AND AGAIN AT YOUR ASSISTANCE & PERSONAL ATTENTION.
The Court of Justice of the European Union rejected lawsuits filed by depositors at the Bank of Cyprus and Cyprus Popular Bank for impairments suffered in 2013.
Paphos is in the lead as the most popular district for overseas buyers from Europe and Non-Europeans by 40,2% in comparison to Limassol which follows with 29,6% for the first 5 months of 2018. Paphos is the safest and most secure area on the island, where one can live, work and holiday.
Cyprus’s economy expanded 4% in the first quarter of 2018, according to the Statistical Services. The increase in output was in the areas of hotels and restaurants, wholesale trade, construction, professional, scientific and technical activities and support service activities.
Cyprus’s Embassy in the UK.had four “Visa Application Centres” launched by the UK-based VFS Global,tasked with accepting applications for Visas from British Citizens. British Citizens do not need a visa if they are staying less than 90 days but the new service will be of use to those who stay longer in Cyprus.
Corporate INTL published their new magazine for the Global Awards 2018. Our firm won the position of “The Contract Law Firm of the year in Cyprus”. Corporate INTL has been running it’s Global Awards for the last ten years.
Cyprus registers the lowest annual inflation in the Euro area for March 2018, with -0.4% according to figures published by Eurostat, the statistical office of the European Union.
After Limassol, Paphos will also partake in the high-rise construction boom, which will entirely change the landscape and urban scenery in the city’s shopping center and tourist area. A hugely expensive deal was made for the Kato Paphos tourist area, while a decisive business move in the town center is very close to being completed.