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About Prime Property Group

Prime Property Group is one of the most prestigious and experienced property specialists dealing exclusively throughout Cyprus.

Our Vision

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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  • 28.06.2016

    The economy of Cyprus has been significantly improving so far this year and on June 23, the President of Cyprus Nicos Anastasiades referred to the next steps of the Government`s reform program, sending a message of optimism with regard to the economy, the Cyprus News Agency reports.

    The President mentioned, addressing the Annual Meeting of the Institute of Certified Public Accountants of Cyprus, that the next steps of the reform program include the simplification of the procedure for the licensing of new companies, a new law on faster licensing of strategic investments and a new regulatory and institutional framework for tourism.

  • 21.06.2016

    Some progress has been made in the talks for the solution of the Cyprus problem as another meeting between Cyprus President and Turkish Cypriot leader took place on Friday. Mr. Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci started off the intensified phase of reunifications talks, which provides for two meetings a week.

  • 16.06.2016

    Ireland, Malta and Cyprus are among the most concerned about possible Brexit as the rating agency Standard & Poor’s says. Cyprus, together with Ireland, Luxembourg and Malta are included in a group of countries that may suffer the most from a possible decision of British citizens to vote in favour of their country leaving the European Union. Fitch Ratings also included Cyprus in a list of economies likely to suffer from a possible Brexit.

  • 14.06.2016

    According to the latest figures from Eurostat, the statistical office of the European Union, the Cyprus economy expanded faster than the Eurozone average in the first three months of the year and the country’s GDP has increased by 2.7%.

    This can be easily proved using the data, which Eurostat presented, showing that real GDP in Cyprus rose by a seasonally adjusted 0.9% over the previous period in the first quarter, while the Eurozone as a whole rose by 0.6%. Thus, if to compare with the same period of the previous year, Cyprus GDP rose by 2.7% this year.

  • 06.06.2016

    Great news for property owners as on the 1st of June Cyprus Council of Ministers approved reduction of the immovable property tax rate by 50% and abolished the immovable property tax collected by municipalities. Following a Council of Ministers meeting, the Minister of Finance, Mr. Harris Georgiades said that another significant step towards tax reform and reduction of the tax burden for households and corporations has been made. He also mentioned that the government approved a reduction of the immovable property tax by 50% offsetting the obligation by the EU to charge VAT rate of 19% on transactions of property in the context of commercial transactions of buildable land, the Cyprus News Agency reports.

  • 31.05.2016

    The cleanest bathing waters are found in Cyprus, Luxembourg, Greece and Malta, in accordance with the data presented by the European Union’s observer. Thus, tourists coming in Cyprus can enjoy clean waters of the Mediterranean Sea, surrounding the island. Surveys of more than 21,000 seaside, river and lake sites were conducted across Europe during 2015, including non-EU members Switzerland and Albania. The date showed that over 84 per cent achieved excellent status, the Copenhagen-based European Environment Agency (EEA) and European Commission noted.