1stclass Israel

Real Estate

  • Home
  • About Us
  • Properties
    • For Sale
    • For Rent
  • International
    • Any
    • Austria
    • Azerbaijan
    • Bulgaria
    • Cyprus
    • Croatia
    • Czech Republic
    • Egypt
    • Finland
    • France
    • Georgia
    • Germany
    • Greece
    • Italy
    • Lebanon
    • Malta
    • Mauritius
    • Monaco
    • Montenegro
    • Portugal
    • Russia
    • Slovakia
    • Spain
    • Switzerland
    • Thailand
    • United Kingdom
    • USA
  • Our Projects
    • Residential
      • Agora
      • Casa Sul Mare
      • Collegium Residences
      • Nissi Nest
      • Dice Residence
      • York
      • Mystique
      • Lino
      • Casino Residence
      • Anthias Court
      • Riva
      • Fresco
      • DIO
      • Central
      • Archie
      • The Hybrid
      • Valana
      • Element
    • Commercial
      • George Marie
      • El Grego Tower
  • Immigration
  • Taxes
  • News
  • Contact Us
Submit
1stclass Israel

Real Estate

  • Home
  • About Us
  • Properties
    • For Sale
    • For Rent
  • International
    • Any
    • Austria
    • Azerbaijan
    • Bulgaria
    • Cyprus
    • Croatia
    • Czech Republic
    • Egypt
    • Finland
    • France
    • Georgia
    • Germany
    • Greece
    • Italy
    • Lebanon
    • Malta
    • Mauritius
    • Monaco
    • Montenegro
    • Portugal
    • Russia
    • Slovakia
    • Spain
    • Switzerland
    • Thailand
    • United Kingdom
    • USA
  • Our Projects
    • Residential
      • Agora
      • Casa Sul Mare
      • Collegium Residences
      • Nissi Nest
      • Dice Residence
      • York
      • Mystique
      • Lino
      • Casino Residence
      • Anthias Court
      • Riva
      • Fresco
      • DIO
      • Central
      • Archie
      • The Hybrid
      • Valana
      • Element
    • Commercial
      • George Marie
      • El Grego Tower
  • Immigration
  • Taxes
  • News
  • Contact Us
+ 357 99102362
Submit
1stclass Israel

Real Estate

  • Home
  • About Us
  • Properties
    • For Sale
    • For Rent
  • International
    • Any
    • Austria
    • Azerbaijan
    • Bulgaria
    • Cyprus
    • Croatia
    • Czech Republic
    • Egypt
    • Finland
    • France
    • Georgia
    • Germany
    • Greece
    • Italy
    • Lebanon
    • Malta
    • Mauritius
    • Monaco
    • Montenegro
    • Portugal
    • Russia
    • Slovakia
    • Spain
    • Switzerland
    • Thailand
    • United Kingdom
    • USA
  • Our Projects
    • Residential
      • Agora
      • Casa Sul Mare
      • Collegium Residences
      • Nissi Nest
      • Dice Residence
      • York
      • Mystique
      • Lino
      • Casino Residence
      • Anthias Court
      • Riva
      • Fresco
      • DIO
      • Central
      • Archie
      • The Hybrid
      • Valana
      • Element
    • Commercial
      • George Marie
      • El Grego Tower
  • Immigration
  • Taxes
  • News
  • Contact Us
+ 357 99102362
Submit

News

Nine Real Estate Companies Fined in Cyprus | First Class Homes

Nine Real Estate Companies Fined in Cyprus | First Class Homes

By

Admin

Posted in Real Estate News On August 18, 2021

Nine Cypriot real estate companies were fined up to € 30,000 for failing to indicate the energy efficiency category of their advertised properties.

On Wednesday, April 14, the Energy Service of the Cyprus Ministry of Trade and Commerce announced that inspections found that nine firms had violated the law regulating energy efficiency in buildings.

As you may know the Law stipulates that individuals or legal entities advertising the sale of housing or rental of buildings must indicate in the advertisement the energy efficiency category of the property.

Depending on the volume of violations, the amount of administrative fines was:

✓ Askanis Developers Ltd – 1 thousand euros

✓ Quality Property Developments – 3 thousand euros

✓ PL Property Gallery Holdings Ltd – 5 thousand euros

✓ Leptos Estates – 5 thousand euros

✓ K&P Christou Construction & Developers – 5 thousand euros

✓ Livadhiotis Developers Lefteris Livadhiotis & Sons – 5 thousand euros

✓ Prime Property Group – 10 thousand euros

✓ Altamira Real Estate – 20 thousand euros

✓ Remu from Bank of Cyprus – 30 thousand euros.

It is worth noting that, according to the Energy Service, the companies did not make adjustments to their commercial advertisements even 10-11 months after they were notified of the violations.

Featured Properties

No Featured Property Found!

Quick LInks

  • Home
  • News
  • Contact Us

© 2021. All rights reserved.

|

Designed by Maskwel Holdings Ltd

1stclass Israel
  • Login
Forget Password?

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok