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20th April 2024
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Yearly Archives: 2016

News

March building permits up 5 per cent

Nigel Howarth -
The number of building permits authorised by the municipal authorities and the district administration offices during March 2016 stood at 485 according to the Cyprus Statistical Service.
Legal Matters

More help for trapped buyers

Nigel Howarth -
Further help for trapped buyers is provided by a Ministerial decree enabling Certificates of Approval to be issued for residential properties that fail to comply with the permits issued for their construction.
News

Cyprus property sales continue to rise

Nigel Howarth -
Property sales in Cyprus continued their upward trend in May 2016 compared to the same period last year, according to official statistics published by the Department of Lands and Surveys.
News

Immovable Property Tax slashed

Cyprus News Agency -
Yesterday the Council of Ministers approved a 50 per cent reduction in the Immovable Property Tax rate and put an end to the property tax collected by municipalities and communities.
Legal Matters

Lawyers’ price-fixing challenged in EC

Nigel Howarth -
A formal complaint concerning price-fixing of lawyers' fees in Cyprus has been submitted to the European Commission on behalf of George Lambis – a Greek Cypriot and the Financial Director of a national charity in the UK.
News

First five debt relief orders

Staff Reporter -
The Insolvency Service announced on Friday the issuance of the first five debt relief orders, for debts up to €25,000 following a number of applications it made to the Limassol District Court.

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About us

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

Owned, funded and operated independently, we provide the latest news and analysis of events shaping the property market and offer opinion and guidance on purchasing real estate. 

Our mission

The mission of Cyprus Property News is to provide anyone looking to buy property in Cyprus with up-to-date factual information, without the usual marketing hyperbole and exaggerated claims, to help their buying decisions and to help them avoid making costly mistakes.

Cyprus Property News also has an on-line Cyprus Property Forum where individuals wishing to buy or sell property and those who are facing problems can seek independent advice completely free of charge.

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