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Monthly Archives: November, 2013

Land Registry charges revised

Earlier this year the Department of Lands and Surveys revised the charges it levies for various services provided to the public, but these have yet to be published in its 'Citizens Charter'.

Developers seek support for large projects

Issues with getting major construction projects underway were discussed on Wednesday by President Anastasiades, ministers and officials and members of the association of major development projects.

The troika’s title deeds demands

The MoU agreed between the troika and the government of Cyprus requires that the backlog of Title Deeds waiting to be issued for more than one year is reduced to less than 2,000 by quarter 4 of 2014.

Property sales hampered by inertia and bureaucracy

The latest property sales figures published by the Department of Lands and Surveys paints a dismal picture of the island's property market, but as a registered agent has advised me, inertia and bureaucracy are not helping.

Court rules in favour of Swiss Franc loan victim

In a move that may help those who purchased homes in Cyprus with Swiss Francs loans, the Montenegrin appeal court has ruled that a bank cannot profit from interest charges AND exchange rate movements.

Downward trend in building permits continues

The contraction in the Cyprus construction activity continued in August with the very difficult economic conditions discouraging new investment as reflected in the latest building permit statistics from CySTAT.

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