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Monthly Archives: October, 2009

News

Cyprus golf courses at Tersefanou and Limni

Nigel Howarth -
It appears that construction work on two of the golf courses planned for Cyprus may get underway before the end of the year as their owners are now at the final stages of securing the necessary approvals.
News

BuySell Cyprus replies to report

Editorial -
Last month we reprinted an article from the Cyprus Sunday Mail on a dispute between Supertrust Estate Agents Ltd (BuySell Cyprus) and Mr Mike Skierka, the British owner of a house in Peyia.
News

Property buyers at risk as second developer collapses

Charles Charalambous -
More people face loosing their homes in Cyprus as a second property developer is liquidated. Buyers of A&G built properties without Title Deeds have been left at the mercy of the banks.
Letters

Financial ruin for Cyprus is just a rip-off away

Editorial -
A retired Russian speaks out about "rip-off Cyprus" and the exploitation of the British and other foreigners by property developers and shopkeepers, and warns of the financial consequences to the island and its reputation abroad.
News

Property market report for Cyprus

Nigel Howarth -
Falling property sales, which are down by 52% this year compared to last, are impacting employment levels, the inflow of revenue to state coffers, and the island’s economic well being.
News

Improvement in Cyprus direct tax revenues

David Crowther -
There are signs that the Cyprus government’s efforts to avoid the island’s budget deficit exceeding 3% of its GDP, which would result in EU Supervision, are bearing fruit with Immovable Property Tax collections almost doubling during September.

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Established in 2004, Cyprus Property News is the Island’s leading on-line resource for overseas home buyers and property investors.

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The mission of Cyprus Property News is to provide anyone looking to buy property in Cyprus with up-to-date factual information, without the usual marketing hyperbole and exaggerated claims, to help their buying decisions and to help them avoid making costly mistakes.

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