Latest Headlines

Archive for February, 2010

Cyprus government extends water saving subsidies

The Cyprus government’s Water Development Department (WDD) has announced the continuation of various subsidy schemes in its drive to promote water saving which have now been extended until 6th December 2010.

Low-end portal users return

The lower end of the British buyer market may be returning to overseas property, according to portal Primelocation.com with searches for property in Cyprus up by 55%.

Cyprus refugees to get Title Deeds

The government is trying to secure Title Deeds for all refugees living in government-built estates, including those on Turkish Cypriot land, a top official said on Thursday.

Slowdown in Cyprus construction activity continues

Latest figures from the Cyprus Statistical Service show that building permits for the construction of 1,624 residential properties were authorised in December 2009.

Bad omens for Cyprus economy

Revenues flowing into the Cyprus government’s coffers dropped in January 2010 sounding alarm bells in the Finance Ministry for the economy and what the fiscal deficit might reach in the coming year.

MRI clients in Cyprus – no furniture, no refund

MRI clients, who bought apartments in Cyprus, say that furniture “packs” costing an average of €15,000 per apartment had still not been delivered months, in some cases years, after they were due.

Orams decision could open Pandora’s Box

The Court of Appeal decision requiring the Orams to demolish their house in occupied northern Cyprus could open Pandora’s Box enabling Turkish Cypriots to demand compensation for the loss of use of their properties and restitution.

Cypriot economy still in recession

Although the Cyprus economy is still in recession it may have started to climb out in the fourth quarter of 2009 according to the latest flash estimates from the Cyprus Statistical Service (CYSTAT).

Construction & Housing Statistics (2008)

In a press release issued this morning, the Cyprus Statistical Service announced that it has published its annual Construction and Housing Statistics report for the year 2008.

Property prices in Cyprus ‘distorted by local factors’

The high prices of property in Cyprus – especially houses compared to apartments – are caused by a range of distortions in the local market, according to views canvassed by the Cyprus Mail.

Page 1 of 212

Back to top