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Repossession Property Yield Properties

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  • 18 February 2020 Cyprus as a top destination for headquartering

    The list of large companies that have chosen to relocate or part of their... read more

  • 17 February 2020 The Parliament Voted Positive on the Eviction of Bad Tenants

    With 31 votes in favor, 15 against and 2 abstentions, the Parliament turned... read more

  • 4 February 2020 60 Years of waiting for growth in the British Bases

    In 2014, a very important agreement was reached between the Cypriot... read more

  • 3 February 2020 Building coefficient up to 25 percent for housing solution

    A 20% - 25% increase in the building rate is expected to provide for a... read more

  • 20 January 2020 Solution found for Evicted Tenants

    Malicious tenants save time when faced with eviction. read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 18 February 2020 Cyprus as a top destination for headquartering

    The list of large companies that have chosen to relocate or part of their... read more

  • 17 February 2020 The Parliament Voted Positive on the Eviction of Bad Tenants

    With 31 votes in favor, 15 against and 2 abstentions, the Parliament turned... read more

  • 4 February 2020 60 Years of waiting for growth in the British Bases

    In 2014, a very important agreement was reached between the Cypriot... read more

  • 3 February 2020 Building coefficient up to 25 percent for housing solution

    A 20% - 25% increase in the building rate is expected to provide for a... read more

  • 20 January 2020 Solution found for Evicted Tenants

    Malicious tenants save time when faced with eviction. read more

Larnaca marina edging forward

   

THE LARNACA marina and port project, which has been stalled for more than 10 years by bureaucracy and legal battles between competing bidders, seems to be moving forward. According to a statement made on Tuesday by Transport Minister Marios Demetriades the target is to sign contracts for the  ambitious project by the end of 2017. In November last year the government requested submissions of interest by prospective investors and expected that the successful bidder would be selected by August 2017. Larnaca marina development strategies The first development strategy includes the creation of a marina to hold 750 50-metre yachts, 50-60 mega and Giga yachts and a 300m cruise ship. The second choice provides 600 50-metre yachts, 25 mega or Giga yachts and a 250m cruise ship, while the third choice is identical to the second but has place only for 10-15 mega and Giga yachts. The second choice, estimated at €150-€185 million seems to be the most advantages of the three, while all three plans have 20,000m² available for apartments and villas, 7,000-10,000m² for offices, a commercial centre and a 250-bed luxury hotel. The northern part of the 510,000m2 site will be used exclusively for port operation.

Read more at: http://www.news.cyprus-property-buyers.com/2017/03/01/larnaca-marina-edging-forward/id=00152222
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