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Monthly Archives: May, 2018

News

Discussion on old mortgages bill postponed

Elias Hazou -
Discussions on the bill seeking to exempt pre-2014 mortgages from the foreclosure laws have been postponed by the house finance committee while it waits for the bills related to the issue of non-performing loans (NPLs).
Investment

Limit on citizenship scheme announced

Stelios Orphanides -
The Council of Ministers has decided to restrict the number of citizenships granted under the ‘Citizenship by Investment Scheme', aka ‘Golden Visa Program’ aka ‘Passports for Cash Scheme’ to 700 a year.
News

Sewerage blocks Title Deeds

Nigel Howarth -
After many years of waiting patiently for the Title Deeds to the properties they bought in Cyprus, some purchasers are finding that they cannot get clean deeds as they're blocked by sewerage.
Legal Matters

Online rented property regulation

Nigel Howarth -
Suggestions to regulate property in Cyprus that is offered for rent online through organisations such as AirBnB have been put to the House by MPs Averoff Neophytou and Elias Myrianthous.
News

Cyprus property: biggest in Europe

Nigel Howarth -
Did you know that the average size of a Cyprus property is the largest in Europe, while properties in Romania are the smallest according to the dwelling size statistics published by Eurostat.
News

Reduce non-performing loans by 40% in 2018

Staff Reporter -
The Finance Ministry's 'Stability Programme 2018 – 2021' outlines a three-pronged strategy to address the high levels of non-performing loans (NPLs) in the banking sector that pose a risk to the economy.

Top Stories

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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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