Latest Headlines

Archive for August, 2008

Can I stop being deafened by building work

EARLIER this year my wife and I took delivery of a property in a large development near Paphos. Since we moved in we are constantly being deafened by the noise of building work going on all around us. The builders start arriving on site at around 06:45 and are so noisy talking to each other, […]

Real estate agents concerned over Cyprus property prices

According to the Pancyprian Association of Real Estate Agents the slump in Cyprus property prices has now spread from Paphos to other parts of the island. Interest rate increases, inflation and other factors have pushed demand from the domestic and foreign markets down resulting in severe problems across the island. Chairman of the Pancyprian Association […]

MRI Overseas Property withdraws from NAEA

MRI Overseas Property, which has its Cyprus offices in Paphos & Larnaca, issued the following press release issued on 21 August: Leading Real Estate Company Withdraws from UK Trade Body over Impartiality Concerns A leading real estate company has withdrawn its membership of the UK’s National Association of Estate Agents (NAEA), due to concerns that […]

New swimming pool laws bring relief

The Cyprus government is looking into changing the laws concerning swimming pools will bring relief to many people who have bought property in Cyprus. Under current legislation, communal swimming pools in private developments are treated as public swimming pools.

Brit loitering with intent aims to shame Cyprus into action

BRITISH home buyer Conor O’Dwyer marked his 39th birthday yesterday far away from his wife and children as he continued his indefinite protest outside the Cyprus High Commission in London. O’Dwyer began his protest camping outside the Cypriot diplomatic mission this month because August marks two years since he was due to move his family […]

Construction continues to weaken

ACCORDING to figures just released by the Cyprus Statistical Service, CYSTAT, output in the property construction sector continues to weaken with the number of building permits issued during May 2008 standing at 732. The total value of these permits reached €235.8 million and the total area 293.2 thousand square metres; they provide for the construction […]

Free Title Deeds

THOSE buying property in Cyprus often encounter delays and problems when trying to obtain their all important Title Deeds. In one case I know of personally, an elderly widow has been waiting for the Title Deeds for the property that she and her late husband purchased back in 1982! – and delays in excess of […]

Cyprus developers ‘strangled by red tape’

PAPHOS property developers are pleading with the government to cut through the tangle of red tape that they say is suffocating their business, causing delays in the issue of building permits and title deeds, in some cases for years. The president of the Paphos developers, George Mais, was speaking yesterday following a meeting with Interior […]

Back to top