News

• Luxury Residential Development to Be Built in the Village of Akanthou
  

  A new premium residential development, consisting of upmarket villas and high-end apartments, will be built in the village of Akanthou (Gazimağusa District). The Aurora Bay project will offer a total of 58 properties with sea views. The houses are a five-minute walk from the lagoon with a sandy beach. The project consists of 14 two-storey villas...

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• Premium Residential Development to Be Built in Küçük Erenköy Beach Area
  

  A new luxury residential development, Natulux, will be built not far from Küçük Erenköy Beach in Kyrenia District. The seafront project of villas and apartments will stand on a site atop a cliff, providing a 270-degree view. For all residents to enjoy the sea view, the developer designed the development as buildings of varied heights. The...

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• By July, There Were Fewer Real Estate Transactions in Cyprus
  

  According to analysis, by July 2023, Cyprus started to see fewer real estate sales contracts. In Q2, the total number of transactions amounted to £1.55 billion ($2 billion), while in Q1 2023 and Q4 2022, this figure was £1.72 billion ($2.23 billion). The decline was caused by several factors: inflation, rising bank rates, and...

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• Sales Have Started at a Premium Seaside Development in Girne
  

  In Kyrenia District (the Turkish name is Girne), sales of the fifth phase of the Sea Magic Garden project, a luxurious residential development a 15-minute drive from the administrative centre, have started. The development consists of several two-storey houses, featuring one- and two-bedroom apartments. All units have access to private terraces,...

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