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Monthly Archives: August, 2011

News

VAT and other tax reductions on the table

Nigel Howarth -
VAT reductions for first-time home buyers and a suspension of transfer fees are being discussed as part of the Cyprus government's austerity measures to bolster the Island's failing economy.
News

Paphos development plans received with scepticism

Editorial -
Perhaps not surprisingly, the grandiose plans for the development of the western coast of Paphos have been received with some scepticism by the local media.
Articles

Will Cyprus follow Spain’s example

Nigel Howarth -
Will Cyprus follow the example of Spain where the government plans to halve the VAT payable on the sale of newly built housing until the end of the year in an effort to boost its property market?
Investment

Russians interested in Paphos tourist investment

Nigel Howarth -
Almost a month ago a Russian investment group approached the Mayor of Paphos, Savvas Vergas, to present a plan for a number of tourist developments of the town.
Investment

Cyprus at number nine in Top of the Props

Nigel Howarth -
In the August survey published by the overseas search portal themovechannel.com, Cyprus is the ninth most popular destination for British overseas property investors.
News

Town planning amnesty presentation at Paphos UKCA

Nigel Howarth -
The Scientific and Technical Chamber of Cyprus (ETEK) will be giving a presentation on the provisions of the Town Planning Amnesty laws at the Paphos UKCA on Saturday, 27th of August starting at 10:00 am. All are welcome to attend.

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