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1. Fontainebleau's $3.7 billion Vegas resort finally opens

After an arduous 23-year journey, real estate magnate Jeffrey Soffer is finally realizing his dream. On December 13, the Florida-based developer will unveil his latest masterpiece in Las Vegas—a stunning $3.7 billion resort boasting seven exquisite pools, an impressive array of 36 restaurants and bars, and an exclusive rooftop club that offers breathtaking skyline vistas....

2. Houses and agricultural plots for sale by AstroBank

3. Foreign demand fuels Cyprus real estate boom as local interest wanes

Demand in the real estate market remained steady from January to August despite rising prices, but interest has gradually waned, according to Paul Loizou, CEO of Ask Wire. ...

4. Real estate prices surge by 7.7%

The prices in the Cyprus real estate market have been going up in recent years....

5. Arrest of UK researcher for spying fuels UK's China policy reevaluation

The arrest of a British parliamentary researcher on suspicion of spying for China has reignited a fierce debate about the future of the United Kingdom’s relationship with Beijing....

6. Cyprus real estate market hits €132 million high

August passed by as usual with most people on vacation, including the real estate market. Let's take a look at how the month fared for coastal cities, with no surprises for Nicosia, which was also in vacation mode. Notably, Larnaca had an outstanding performance, surpassing Nicosia for the first time....

7. Altia transforms the real estate market through property management technology services developed by Prosperty and Robura

Altia, the fastest-growing real estate company in Cyprus with one of the largest real estate portfolios, is bringing digital transformation to the real estate sector. ...

8. China's economic slowdown threatens global stability

China is unlikely to surpass the US as the world's largest economy as initially predicted for the early 2030s, primarily due to a growing lack of confidence in the Chinese economy, according to Bloomberg Economics analysts....

9. Consulco: London Credit Fund’s new investment opportunity secured against UK commercial properties

The London Credit Fund New Compartment offers even higher returns to investors....

10. Cyprus Apartment Showdown: Nicosia vs. Limassol

In our previous report, we delved into a comparative analysis of apartment sales in the Paphos, Larnaca, and Famagusta districts for 2022 and the first 7.5 months of 2023. Today, we shift our focus to the Nicosia and Limassol provinces, two significant players in the local real estate market....

11. Where does the 12% tax revenue go?

The Turkish Cypriot press is discussing recent land sales in the occupied area today. According to the Press and Information Office, the "Güneş" newspaper reported that Hasan Sungur, who leads the Real Estate Agents Union, supports businessman Ali Osman Safa's warning to politicians. Safa cautioned against making the property crisis worse, and Sungur agrees that this warning is valid and reasonable....

12. China's $10 trillion hidden debt

For some time now, markets have been buffeted almost on a daily basis by gloomy economic news filtering out of China....

13. AstroBank offers diverse properties for sale across Cyprus

AstroBank, a prominent financial institution in Cyprus, has unveiled an array of properties available for purchase across the country....

14. Nearly 7,000 property purchase permits granted in 2.5 years

In the span from January 2021 to August 2023, approximately 6,958 foreigners were given the authorization to acquire real estate within the occupied territories, as reported by ''official'' data, according to a Yeni Dusen report....

15. Uncontrolled land sales in occupied territories raise concerns

Kudret Ozersai, Chairman of the People's Party of the "TRNC", has sounded an alarm over the potential danger posed by unregulated real estate sales via companies in the pseudo-state. Ozersai has demanded immediate transparency regarding the extent of land areas sold to foreigners....

16. 2022 marks best real estate year in 14 years

DANOS, a prominent real estate consulting agency, hails 2022 as a remarkable year for Cyprus real estate, breaking through the economic challenges and awakening from the post-COVID stagnation. ...

17. Luxurious residences and cutting-edge offices transform Nicosia's skyline

After being closed for two years, the Landmark Hotel, formerly known as the Hilton, is undergoing rapid renovation. The MHV Group, the owner, has provided an update indicating that the project is progressing swiftly according to the plan, ...

18. Strongest work-from-home rights for Australians

Before COVID-19 sent one-third of the global workforce home, the Melbourne property surveyor that employs drone operator Nicholas Coomber called its 180-strong staff into the office every day at 9 a.m. to hand out assignments....

19. Jordan and EU strengthen energy ties via Cyprus

The desire for cooperation with Cyprus on the issue of Jordan's electricity connectivity with the EU was expressed by the Jordanian Minister of Energy during his meetings with the Cypriot Minister of Energy in Amman. ...

20. Global economy faces $590 trillion storm

A $590 trillion storm threatens the global economy as rising interest rates make more corporate debts problematic. ...

21. NPL crisis highlights tug of war between borrowers and legislation

The concealment, or "camouflage," of non-performing loans (NPLs) in commercial banks before 2013 and their subsequent explosion have been, and may continue to be, the most significant challenge for the Cypriot economy. ...

22. Varosha's mysterious hotel reservations raise concerns

Today, Yeniduzen highlights a peculiar development in Varosha as its main story under the headline "A strange reservation." The newspaper reports on the opening of reservations for four hotels within the Varosha gated area, scheduled for 2025. ...

23. Varosha hotels now accepting bookings for 2025

The latest developments in Varosha have been brought to light by Yeni Bakis newspaper. ...

24. Philippos Soseilos: Significant investment opportunities in Cyprus

25. Pseudo-gov't pushes forward with controversial marina project in Varosha

The self-declared pseudo-government in the occupied areas has made a decision to proceed with the construction of a marina intended for private boats and tourism development in Varosha, an area belonging to the Republic of Cyprus....

26. Housing sales slow due to inflation and construction costs

The value of transactions in the real estate sector amounted to €1.52 billion in the second half of the year, with the market bearing the impact of the interest hikes, inflation and the increased construction cost....

27. Upshot from Israeli northern ventures spills into south

The president of the Cyprus Bar Association is fighting back accusations that his law firm was mixed up with an Israeli venture to develop properties in the northern part of the divided island, a development that has alarmed Nicosia in recent months...

28. Police raid Eva Kaili’s properties in Athens

Greek and Belgian authorities raided three properties connected to Eva Kaili in Athens, Greek police told Politico...

29. Unmasking tax evasion on Greek islands

New technologies, as well as citizens, are bringing cases of major tax evasion to the surface....

30. Mossad and Cyprus foil Iran's terror cell targeting Jews

The Mossad helped Cyprus crack an Iranian terror cell, according to sources on Sunday, 25th of June....