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25th April 2024
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Yearly Archives: 2009

News

Cyprus economy contracts in third quarter

David Crowther -
The contraction of the Cyprus economy during the third quarter of 2009 is mainly due to negative growth rates in construction, hotels and restaurants, and negative performance in manufacturing, trade and transport services according to the latest government estimates.
Articles

Twenty year wait for Cyprus Title Deeds

Nigel Howarth -
According to a recent on-line poll conducted by Cyprus Property News, one person out of every twenty-two who has bought property on the island has been waiting for their Title Deeds for more than 20 years.
News

Orams case back in UK court today

Simon Bahceli -
Following the European Court of Justice ruling that a judgement ordering the Orams to demolish their house must be recognized by EU countries, Melitis Apostolides begins his appeal against an earlier British High Court ruling today.
News

Fall in tax revenue attributed to Cyprus property market collapse

David Crowther -
The drop in Cyprus tax revenue collections is entirely attributable to the collapse of the property market and it raises concerns that if foreign demand fails to recover, the government will lose a significant source of revenue permanently.
News

Working together for proper Title Deeds law

Neoclis Sylikiotis -
The Cyprus Ministry of the Interior has put serious efforts to bring about a drastic and definite solution on long existing problem of the issuing of Title Deeds. This is a good time for all to work together to resolve the situation.
News

Building permit numbers for residential property improve

David Crowther -
Figures released yesterday by the Cyprus Statistical Service (CYSTAT) show that building permits for the construction of 900 residential properties were authorised in August 2009; down just 3.3% on the 931 authorised in August last year.

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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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