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28th March 2024
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Monthly Archives: August, 2010

Qatar deal still in the balance

The deal signed by the Cyprus government and Qatari Diar Real Estate Investment Company to build a luxury hotel, commercial, residential and leisure complex in Nicosia is still in the balance.

Cyprus police name K & M Famagusta developers

In a move designed to protect the public, the police have named the Cyprus property developer under investigation for several cases of alleged fraud including selling the same property twice.

Cyprus property developer under police investigation

The police are investigating a Cyprus property developer who is alleged to have sold the same apartment twice; a situation that might have been avoided if the Land Registry were doing their job properly.

Cyprus overseas property market recovery faltering

The recovery in Cyprus’ beleaguered overseas property market may be faltering according to the latest figures released by the Department of Lands and Surveys.

Cyprus building permits up in May

Latest figures from the Cyprus Statistical Service show that building permits for the construction of 1,337 residential properties were authorised in May 2010, an increase of 12.3% over the 1,191 authorised in May 2009.

Kuwait and China show interest in Cyprus

Kuwait and China have shown interest in investing in Cyprus tourism, real estate, container management and energy sectors according to the Minister of Commerce, Industry and Tourism Antonis Paschalides.

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