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24th April 2024
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Yearly Archives: 2012

Fitch cuts Cyprus credit rating to junk

Credit ratings agency Fitch downgraded the Island's credit rating to "junk" status earlier today due to the amount of rescue money needed to bail out its banks, which are heavily exposed to the Greek economy.

Banks and government destroying property market

The banks and the government have joined the band of 'crooks' masquerading as property developers and estate agents who seem intent on destroying the Island's once thriving property market and its reputation.

Chinese investors eyeing Malta

Delays by the Island's government in completing a proposal for the Chinese company Far Eastern Phoenix (FEP) to redevelop the old Larnaca airport could result in Cyprus missing out on the investment altogether.

Gotcha, Gotchiani!

Good news! One of our occasional contributors, Dr Alan Waring, is finally getting the Title Deeds to the property that he and his wife purchased in Oroklini - a mere eight years after they took delivery.

Have property prices reached rock bottom?

Residential property prices across the Island have been falling for some time. Have they reached rock-bottom? is there an upturn on the way? What do the price figures from RICS reveal?

Cyprus property prices and rents continue to fall

The tenth publication of the RICS Cyprus Property Price Index shows a continuing drop in property prices and rents across the main urban areas of the Island during the first quarter of 2012.

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