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19th April 2024
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Yearly Archives: 2017

The troika returns to Cyprus

Representatives of the troika of international lenders plus the European Stability Mechanism (ESM), the IMF, EC and the ECB , will be in Cyprus later this month for the third post-programme surveillance.

John Hourican “annoyed and impatient”

Bank of Cyprus CEO John Hourican said he is annoyed and impatient by borrowers seeing a rising property market and wanting to hold on and negotiate more time to repay their loans.

How much have property prices changed?

The RICS (Cyprus) Property Price Index for the first quarter of 2017 reported that prices for residential properties rose, but how much have prices changed in your area since the index was introduced?

New home building permits up in June

The number of new homes in Cyprus for which building permits have been issued rose in June 2017 compared to the same period last year according to the Cyprus Statistical Service.

Rise in overseas property sales continues

The steady increase of overseas property sales Cyprus continued in August according to the latest official statistics published by the Department of Lands and Surveys with sales in Famagusta leading the way.

August property sales up 27 per cent

The number of property sales in Cyprus during August 2017 rose by 27 per cent compared with the same month last year according to official figures from the Department of Lands and Surveys.

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