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Cyprus ranks second in “excellent quality” beaches

 European Commission and European Environment Agency ranked Cyprus in the second place with a percentage of 97.3% on its beaches’ wat…

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Famagusta Property sales rose by 79% in April 2018

 Cyprus property sales continued to rise in April with the number of sales contracts deposited at Land Registry Offices across the Repu…

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NEW RELEASE! - Mythical Seas

MYTHICAL SEAS ⦁ A new phase belonged in the welcoming retreat of Mythical Sands Resort and SPA located in Kapparis, Protaras. This uni…

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Cyprus Property Transfer Fees and VAT

MPs in Cyprus are planning to revise Property Transfer Fees and the VAT paid on land sales to eliminate distortions in the Cyprus proper…

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Tourist Arrivals: They break all records

Tourist arrivals break one record after the other. Based on the results of the Passenger Survey, arrivals in February 2018 amounted to 1…

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2018 to be a positive year for property sales

Residential property sales increased in 2017 for a fourth year in a row and prices have also been rising making the outlook for 2018 one…

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Pliades Villas - An exclusive new development of luxury living spaces

In the secluded seafront setting of Ayia Thekla, a mere stone’s throw from the luxury Ayia Napa Marina and some of the world’s most …

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Malama Villas - The new sea-view smart homes by Karma Group

Set in a beautifully landscaped location, Malama Villas is the new project announced by Karma Group. Only 5 minutes distance from the sa…

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Karma Group launches its brand-new magazine: Coastal Livin!

Karma Group is pleased to announce the official launch of Coastal Livin magazine.The magazine offers rich and relevant content focused o…

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Tourist season starts earlier this year

Earlier, the tourist season will start this year. Because of the Orthodox Easter in the first week of April and the Catholic Easter that…

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Cyprus as the premium European Country to invest in Real Estate

Based on the results of the Passengers Survey, arrivals of tourists reached 406.870 in October 2017 compared to 357.194 in October 2016,…

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2018 has entered dynamically for real estate

An increase of 64% has been recorded in the real estate sales in the first month of 2018, making an optimistic start at the beginning of…

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Karma Group Celebrates the Chinese New Year 2018

On behalf of Karma Group, Karma Developers would like to wish to all its Chinese clients and collaborators, Happy Chinese New Year 2018!…

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IMF praises Cyprus' impressive economic recovery

The International Monetary Fund (IMF) one of Cyprus' international lenders in the 2013 bailout, has praised the "impressive recovery” …

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The Cliff Residence – A new panoramic sea-view project by Karma

The Cliff Residence at Saint Elias in Protaras, is the new elegant project of Karma GroupThree modern Mansions with panoramic sea views…

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Astypalea Residence – 20 years of quality and excellence

Being more than thirty years in the market, Karma Developers is renowned not only for its new projects but also for the old ones.Like th…

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Cyprus’ housing market - It continues to recover

Demand is now rising sharply. During the first seven months of 2017, property sales in Cyprus rose by 19.6% to 4,349 units from a year e…

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Mythical Sands Resort and Spa - Block "AD" successfully completed

Mythical Sands is the combination of luxurious accommodation and superb communal facilities, and has now given further value to the pro…

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2017 – A profitable year for property sales

For the fourth consecutive year Cyprus property sales rose during 2017 according to the latest official statistics published earlier tod…

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Milos Construction Progress – a diamond in the market

An exclusive combination of contemporary architecture and scenic surroundings, Milos Lifestyle Villas is a development that offers a lux…

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Property-related taxes for 2018

Property Taxes payable to Communities and Municipalities This ‘local’ property taxes payable to Communities and Municipalities is ca…

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