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28th March 2024
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Yearly Archives: 2013

Bill to extend Immovable Property Tax deadline

It is anticipated that the deadline for paying Immovable Property Tax will be extended to allow the authorities sufficient time to print, file and send registered property owners tax demands.

The MoU and its impact on banking and real estate

As the Cyprus economy has been in a downward spiral for two to three years, it would be unfair to argue that the MoU with our international lenders is responsible for the fall in property values and demand.

How long is the long-run?

How can the government carry out the necessary reforms if its coalition is weak and its main supporters are those who are most heavily indebted in a country that went bust because of too much debt?

Paphos family unable to leave stricken home

Despite being ordered to leave their home on the troubled development at Armou that is slipping down a hillside, a family of four remains as they have no viable alternative at the present time.

Developers warned over Chinese market

Many Chinese people who have bought properties in Cyprus have felt cheated and complained according to Huali Che, president of the Chinese friendship association in Cyprus.

Island of lost dreams for some

BBC report into the collapse of the Cyprus banks that robbed many people of their life savings and left some with half-finished properties turning their dream of a home in the sun into a nightmare.

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