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28th March 2024
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Monthly Archives: October, 2011

Construction deal with Qatar on track

The deal between the Cyprus government and the Qatari Diar Real Estate Investment Company to build a luxury hotel, apartments, shops, offices and a leisure complex in Nicosia is on track.

Central Bank of Cyprus reports housing price falls

Residential housing prices in Cyprus have dropped for the sixth consecutive quarter according to the latest 'Residential Property Price Indices' report produced by the Real Estate Unit of the Island's Central Bank.

The Cypriot real estate market will recover when…

Many reasons have been given for the decline in sales of property in Cyprus in recent times. In our latest 'Have your Say' poll we are asking our readers what needs to be done to set the beleaguered real estate market on the road to recover.

Cypriot economy faces substantial risks

The International Monetary Fund has warned Cyprus that it must take swift action to shore up its economy, saying it faces strong head winds and substantial downside risks that are likely to persist.

Town Planning Amnesty: six month extension agreed

At the plenary parliamentary session last Thursday, Cypriot MPs voted in favour of a six-month extension to the period during which ‘Statements of Intent’ may be submitted under the provisions of the Town Planning Amnesty.

More than one thousand new home owners

Now that the crippling power cuts have ended and work has returned to normal, more than one thousand properties were transferred to their new owners in September.

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