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About Prime Property Group


Prime Property Group is one of the most prestigious and experienced property specialists dealing exclusively in the Limassol region.


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To be better! Not just better than any other property company, but better than we ourselves were yesterday. Better, through the respect and integrity shown towards our clients.


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News
  • 28.06.2015

    Following a similar meeting with officials in Pafos, President Anastasiades recently met with Nicosia Municipalities Mayors, local Members of Parliament and community leaders to launch a number of projects aimed at boosting economic activity in the capital. The intention of the projects announced includes increasing economic growth, improvement in the quality of life for residents and the creation of more jobs. One requirement for project selection is that it should have already received the relevant licensing thus allowing the tendering process to start without delay. In a boost to its green credentials, a Nicosia cycling network is to be created with budget of €5.9 million and the city’s Public Modern Arts Gallery is to be restored along with the old Municipal Theatre which will likely be of interest not only local people but also to the many tourists visiting the city. Work on the improvement programme should start by the end of this year.

  • 19.06.2015

    When Nikos Anastasiades took office as president of Cyprus in 2013, few envied him and his new government the gargantuan task they faced, at a time in the nation’s history that was widely held to be the most difficult ever. Cyprus was edging towards bankruptcy and the two main banks required billions of euros of emergency liquidity assistance. Now after twenty seven months of his presidency, the banks have been recapitalised with their ability to access to international markets restored somewhat and the Troika have issued multiple favourable and encouraging reports. Both Cyprus and the banks have been upgraded by the ratings agency following progress in the implementation of the Memorandum of Understanding, heralding a return of confidence. The cooperation of the political parties, social partners, the unions and the sacrifices of the Cypriot people has made possible this implementation process, which is ongoing. Measures and incentives announced by the government have meant investments of 1 billion euros in the banks and real estate purchases of 2 billion euros. The government’s Investment Citizenship in Cyprus has proven to be very attractive to foreign investors. All of this has allowed a completely different and positive situation to emerge.

  • 17.06.2015

    President Anastasiades made an official visit to Israel on 15th June 2015. Speaking at a state dinner hosted by the Israeli President Reuven Rivlin, the president noted the importance of the longstanding and positive ties between the two countries stating that they shared a mutual goal of promoting peace and resolving conflicts in the region.

  • 11.06.2015

    President Nikos Anastasiades has announced development projects with a total value of 60 million euros, focussing on improvements in Paphos town centre. The announcement was made during the president’s recent visit to the town, during which, he held a series of meetings with figures from the Paphos district tourism industry, local authorities, community leaders and other citizens.

  • 09.06.2015

    The Exclusive Economic Zone (E.E.Z) of Cyprus is an off shore area of sea totalling more than 70,000 square kilometres. Generally speaking an E.E.Z. of a country extends 200 nautical miles from the shoreline. In the case of Cyprus the E.E. Z., it has been divided into 13 segments. It is in segment 12 known as the Aphrodite area, south of the island, that the natural gas deposit estimated to be in the region of 5 trillion cubic feet (tcf) has been discovered, following exploratory operations conducted by the three companies who hold the license for exploration in that area, namely the American company Noble Energy International, Israel’s Delek Group and a subsidiary company Avner Oil Exploration. The news was announced by the Ministry of Energy in a press release on 7th June 2015. The Ministry said that in accordance with the contract agreement, the companies will now submit a detailed development and production plan to the Cypriot government leading to the commercial exploitation of the Aphrodite field. The plan will require government approval,and, if satisfactory, a licence for the exploitation rights will be granted.

  • 07.06.2015

    The beach volleyball courts at Larnaca’s Finikoudes beach will be the venue for the European Universities Volleyball Championship taking place for the tenth year between 17th and 21st June 2015. This is likely to draw crowds in what is a highly entertaining spectator sport which will feature both men’s and women’s teams.  There will be plenty to see as a total of 38 universities from all across Europe battle it out in over 158 matches. As the championship matches take place between 08.00 hours and 22.00 hours all sectors of the community will be able to attend. The organization of the event is being undertaken as a cooperative effort between Larnaca Municipality and Cyprus University Sports Federation. Accommodation and provision for the nutritional needs of the athletes is being provided by some of the three and four star hotels located in the Finikoudes Beach Area. Supporters wishing to find rented accommodation in the area should experience no difficulty.