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Monthly Archives: July, 2013

Action against Cyprus

The European Commission has opened infringement proceedings against Cyprus regarding the application of EU Directives on unfair commercial practices and unfair contract terms.

Cypriot property Title Deeds (updated)

Daniel Hannan, MEP for South East England, has raised a question in the European Parliament to eradicate any doubt that Title Deeds issued as part of Cyprus' bailout conditions will be unencumbered.

New Limassol marina is ‘a gem’

The Limassol marina project is expected to be completed by the end of the year, with an official opening taking place in spring of 2014; the first yachts were welcomed earlier this year.

Law of supply and demand will take care of prices

The law of demand and supply will take care of rental and sale prices of property much better than politicians would ever do. The market will adjust to the new economic conditions.

Playing the waiting game

She knew getting Title Deeds to a Cyprus home could take time, but little did Karen Guttridge know that it would take eight years, a sit-in and some shouting at the mayor before she would get them.

Prices falling for three and a half years

Since its introduction more than three and a half years ago, the RICS Cyprus Property Price Index has recorded a steady decline in the price of residential properties across the island.

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