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Monthly Archives: January, 2010

News

Cyprus lawyers refuse cases if suing other lawyers

Stefanos Evripidou -
The problem with lawyers in Cyprus refusing to sue their colleagues in the legal profession is a particular issue for property buyers who have fallen into the trap of using a lawyer recommended or introduced to them by a property developer.
News

Cyprus hotel and tourist associations oppose taxes

Nigel Howarth -
The Association of Cyprus Tourist Enterprises, STEK, and the Cyprus Hotel Association, PASYXE, are the latest groups to announce their opposition to the governments’ proposals on property tax.
News

Govt figures confirm Cyprus meltdown

Editorial -
The scale of the recession's damage to the overseas property market in Cyprus has been revealed by official figures that show an 84% drop in sales to non-Cypriots since peak.
Articles

Critics fear impact of Cyprus marina project in Limassol

Charles Charalambous -
Critics of one of Cyprus’ largest infrastructure schemes, the luxury marina project at Limassol, have concerns over its financial and environmental impact and fear that it will throw the harbour’s little guys overboard.
Articles

Approach to property tax causing confusion

Editorial -
The Cyprus government plans to raise money by adjusting the valuation of real estate, which is still being calculated at 1980 prices, has sparked a political storm that has added to the general confusion surrounding the issue.
News

Cyprus overseas property market collapse

Nigel Howarth -
Figures issued earlier today by the Cyprus Department of Lands and Surveys reveal that the Island’s overseas property market collapsed in 2009 with a mere 1,761 properties being sold to non-Cypriot buyers during the year.

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