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  • Positive developments on hidden mortgages

    Positive developments on hidden mortgages

    The updated Memorandum of Understanding (MoU), which includes some positive developments for those deceived into buying property built on mortgaged land, has been published courtesy of Stockwatch.

  • No Property Transfer Fees reduction this year

    No Property Transfer Fees reduction this year

    Cyprus Interior Minister Socrates Hasikos has said that there will be no reduction in Property Transfer Fees this year but it will be considered as part of a wider reform of property taxation next year.

  • Cyprus property valuations now online

    Cyprus property valuations now online

    Following the revaluation of some 500,000 properties in Cyprus, the revised valuation of any particular property can be viewed on-line at the Department of Lands and Surveys website.

  • More Recent Reports

  • False Immovable Property Tax declarations

    False Immovable Property Tax declarations

    There is evidence that a property developer has made false Immovable Property Tax declarations to the authorities, which has resulted in his customers receiving IPT notices from the Inland Revenue...
  • Banks to target big borrowers first

    Banks to target big borrowers first

    Banks in Cyprus will not foreclose on homes belonging to vulnerable groups, the bank association said on Monday, as it sought to allay concerns ahead of a vote on a foreclosures bill at the end of this week...
  • An abominable legacy

    An abominable legacy

    The former government under President Christofias left behind an abominable legacy, including a wrecked economy, but can the present government under President Anastasiades do any better?..

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