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18th April 2024
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Monthly Archives: February, 2015

News

New home construction down 35 per cent

David Crowther -
Figures from the Cyprus Statistical Service (CYSTAT) reveal that building permits authorised for the construction of new homes fell 35 per cent last November compared with the same period the previous year.
News

Swiss Franc loan court cases in March

Nigel Howarth -
The first of many court cases against Cypriot banks that issued Swiss Franc loans to those buying property in Cyprus will probably be heard in March according to a report in the FTAdvisor.
News

Cyprus major tax debtors list

Editorial -
Cyprus Finance Minister Haris Georgiades' list of the top 50 tax debtors includes property developers, large football clubs and hoteliers and has been published in the public interest by Stockwatch.
Investment

Delinquent developers ultimatum

Stelios Orphanides -
The Bank of Cyprus is to offer a last chance to delinquent developers, including Leptos Estates, Aristo Developers, Pafilia Property Developers, to start repaying their debts or face the consequences.
News

Cyprus agreement impossible

Press Release -
The Troika of Cyprus' international lenders has announced that it was not possible to reach an agreement on the review of the Cyprus programme due to the suspension of the foreclosure framework.
News

Hourican lambasted by opposition parties

Jean Christou and Stelios Orphanides -
Bank of Cyprus CEO John Hourican has come under fire from opposition parties over comments attributed to him in a leaked email that said politicians are protecting larger businesses in Cyprus.

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Established in 2004, Cyprus Property News is the Island’s leading on-line resource for overseas home buyers and property investors.

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