Cyprus' leading on-line resource for home buyers & real estate investors -

25th April 2024
Cyprus Property News logo
Home2017October

Monthly Archives: October, 2017

News

IMF: Reinstate Immovable Property Tax

Nigel Howarth -
The International Monetary Fund (IMF) has called on Cyprus to consider reinstating the Immovable Property Tax, which was withdrawn this year, and raising transfer duty to increase revenues.
Marinas

Paphos marina decision expected soon

Bejay Browne -
The Pafilia Group should hear by the end of the month whether it has met the required criteria to build the Paphos marina, which has been stalled by bureaucracy and legal battles for more than a decade.
Legal Matters

VAT on land sales agreement

Nigel Howarth -
Cyprus is to impose VAT at a rate of 19 per cent on land sales for commercial activities, which will be based on the Dutch model according to a report in the Greek language media.
News

September property sales up 8 per cent

Nigel Howarth -
The number of property sales in Cyprus during September 2017 rose by 8 per cent compared with the same month last year according to official figures from the Department of Lands and Surveys.
News

Primary residences protection scheme falls flat

Elias Hazou -
The government backed primary residences protection bill designed to protect an estimated 200 crisis-stricken homeowners against foreclosure has failed MPs heard on Monday.
News

Cyprus faces “sizeable downside risks”

Nigel Howarth -
Following its mission to Cyprus the International Monetary Fund said that "sizeable downside risks" still exist, citing an extremely high private sector debt and a high proportion of non-performing loans (NPLs).

Top Stories

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.

Information pages

© Copyright - Cyprus Property News 2004 - 2024