MayfairProperties - Luxury Properties in Cyprus

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Attending informative meeting about the Port-Marina development project

Mayfair Properties attended an informative meeting about the Port-Marina development project at Larnaca

5th Radisson Blu Larnaka International Marathon

Mayfair Properties participated in the 5KM Corporate Race

New project project of 2 residential towers and a hotel in the heart of Larnaca

New upcoming project is located on Makarios Avenue, halfway between the Larnaca central police station and the port roundabout. The two towers provide 97 apartments, and host cafes, restaurants, shops, a gym, and a spa, with 218 parking spaces and a five-star hotel will have 168 rooms and host hospitality venues while providing 133 parking spaces. The proposed project is located about 500 meters north of the centre of the municipality of Larnaca and southwest of the port of Larnaca.

On the Side of the Ukrainians

We collect basic needs for Ukrainians

Foreign buyers returning in droves

Foreign buyers deposited the highest number of property sale contracts for the last fourteen years according to official statistics published by the Department of Lands and Surveys. January saw a surge in foreign buyers who deposited 400 contracts compared to 168 in January 2021; a rise of 138% and well above the number in pre-COVID January 2019. The last time the January number exceeded 400 was in 2008.

How Transfer Fees are calculated upon purchase of a Resale Property

Below you can find the table of how transfer fees are calculated to the government upon purchase of a resale property, i.e. VAT was paid. Also for all cases transfer fees are calucalated then there is a 50% reduction applied on the amount.

Capital Gains Tax in Cyprus when selling your property

Here you can find how to calculate the applicable profits acquired from the resale of immovable property located in Cyprus, taking into consideration any applicable exemptions.

Larnaca's news- Cyprus Marine and Maritime Institute

Cyprus Marine and Maritime Institute (CMMI), founded in 2019 based in Larnaca, operating as a Center of Excellence for maritime and marine research, innovation and technological development.

New European Funding for upgrading the Energy Efficiency of Important Traditional Houses

Do you own an Important Traditional House? Then this is your opportunity getting an European Funding for upgrading its Energy Efficiency. Είσαι ιδιοκτήτης Διατηρηταίου Σπιτιού? Τότε είναι η ευκαιρία σου για να το αναβαθμίσεις με Ενεργειακή Απόδοση μέσο Ευρωπαικού Ταμείου.

Cyprus Marine and Maritime Institute

It is has been officially signed on the 8th of November 2021, with Cyprus Marine and Maritime Institute (CMMI)

Building Permits in 2021 by August Vs 2020

Increase in Area (8,1%) and decrease in Value (-4,5%) The Statistical Service announces that the number of building permits authorized by the municipal authorities and the district administration offices during August 2021 stood at 523. The total value of these permits reached €143,4 million and the total area 124,9 thousand square metres. These building permits provide for the construction of 554 dwelling units. During the period January – August 2021, 5.240 building permits were issued compared to 4.416 in the corresponding period of the previous year, recording an increase of 18,7%. The total value of these permits decreased by -4,5% and the total area increased by 8,1%. The number of dwelling units recorded an increase of 12,1%. Building permits constitute a leading indicator of future activity in the construction sector.

Huge €1.2 billion Larnaca port, marina project awarded; Kition Ocean Holdings.

Cyprus’ largest investment project, the €1.2 bln redevelopment of Larnaca port and marina, is on track as the final touches are added to the blueprints before the consortium takes over next April. Transport Minister Yiannis Karousos was in Larnaca port on 09/9/2021 to be presented with the Master Plan for the port and marina by the Cypriot-Israeli consortium awarded the project.

Larnaca Municipality Taxation

The taxation from Larnaca Municipality has been released and they can paid either at the Citizen Service Center, on-line and either via the JCC.

Presentation of the Master Plan of the Single Port Development and Larnaca Marina

On the 25th of August 2021, the Mayor of Larnaca Andreas Vyras and Scales of the Municipality's Urban Planning Committee took place at the premises of the Kition Ocean Holding Ltd at Larnaca Port for the creation of one of the most beautiful Marinas in the Eastern Mediterranean that will host more than 800 boats of all sizes.

New Website for Larnaca Municipality Services

Following the needs of electronic communication the Larnaca Municipality has created a new website.

Non-Europeans and Permanent Residence in Cyprus - European Union

Procedure and reasons for acquiring a Permanent Residence Permit in Cyprus for Non-Europeans

Larnaca's Green Point

Larnaca's Green Point drop-off point that can be used by any citizen for FREE disposal of their recyclable waste that can’t be put out for collection with household waste. You can place specific waste items such as paper, glass, textiles, green waste, furniture, etc.

Tips for Sellers

When you are selling your home, you want it to look its absolute best for the potential buyers when you take the photos for promoting or when who walk through the door. That is where home staging comes in. Home staging is a method of decorating meant to highlight your home’s most impressive assets and help buyers imagine themselves moving in and living there. Do it right, and you should have no problem selling your home quickly.

Larnaca Port and Marina

It has been announced by the Kition Ocean Holdings consortium early 2021, that all relevant agreements with the Cypriot authorities have been made and they are ready to start a large construction of the Port of Larnaca.

New Funding Schemes for thermal insulation and solar systems

Νέα Σχέδια Χορηγιών για θερμομόνωση, εγκατάσταση φωτοβολταϊκών και ηλιακών θερμοσιφώνων.

Recycling of plastic caps for the social grocery shop of Larnaca

Mayfair Properties is collecting them

Fuel Tanks Demolition in Larnaca

On March 10, this was announced by the mayor of the city Andreas Vyras

To buy ready home or a plot to build

At some point of their lives people will need to decide where they will move so they can start their lives. This can be costly and time consuming, but at the same time it can be exciting, it is also something you want to get right, to ensure you end up with the home of your dreams, somewhere you can be very happy for many years to come. Everything starts by deciding whether to buy a ready made home that is already built, or a piece of land that you can decide every detail of built. You are the one to take this decision...

Scheme for Upgrading Energy Efficiency Class 021-2027- Προκήρυξη Σχεδίου Χορηγιών «Εξοικονομώ – Αναβαθμίζω στις Κατοικίες» 2021-2027

Applications open in March for covering up to 60 per cent of upgrades to make homes and business in Cyprus more energy efficient.

Σχέδιο στεγαστικής πολιτικής για ορεινές περιοχές

Αύξηση μέχρι €50 χιλ. ποσού στέγασης σε ορεινές και απομακρυσμένες κοινότητες

Funding for the Electric Charge of the Electric Vehicles

The Renewable Energy Sources and Energy Conservation Fund (the Fund) is the main financial tool of the Republic of Cyprus to promote Renewable Energy Sources (RES) and Energy Conservation (EC), with a view to achieving the binding national targets, as defined by the legislation and the relevant European Directives. The purpose of the establishment of the Fund is to provide financial incentives in the form of state grants or subsidy for various investments or activities which promote renewable energy sources and energy saving. In accordance with the legislation and in compliance with the provisions of the Support Schemes in force, the Fund may provide financial incentives for: (a) renewable energy sources installations and equipment; (b) the production or, where relevant, the purchase of electricity from renewable energy sources; (c) installations, equipment and other energy-saving activities; (d) various programmes to promote renewable energy sources and energy saving, including cogeneration of electricity and heat, as well as programmes for public awareness; (e) any other relevant expenditure deemed necessary by the Committee for the promotion of renewable energy sources and energy saving.

Useful information about Brexit

United Kingdom will no longer be part of the European Commission by December 2020. Information British citizens moving to or living in Cyprus need to know, including guidance on residency, healthcare and driving. Here you can find information.

Our Thoughts and Prayers are with Lebanon

Our thoughts and prayers for Lebanon and our friends 🙏

Special Permits to Entry Cyprus

Press announcement by the Ministry of the Interior on obtaining a Special Entry Permit to the Republic of Cyprus

Covid

This is a virus