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26th April 2024
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Yearly Archives: 2018

News

541 new homes in May

Nigel Howarth -
The number of new homes in Cyprus for which building permits were issued in May 2018 rose 27.6 per cent compared to May 2017 providing for the construction of 541 new homes according to the Cyprus Statistical Service.
News

Is the Cyprus construction boom sustainable?

Editorial -
Questions raised about the latest Cyprus construction boom and whether there is a sustainable demand for new homes or is it just the result of the 'passports for cash' scheme?
News

Cyprus construction industry enjoying a revival

Editorial -
Cyprus' construction industry seems to be regaining confidence over the past year, as developers encouraged by an increase of activity, feel that the barren years of the real estate crisis are behind them.
Legal Matters

Cyprus consumer protection decisions

Nigel Howarth -
The Cyprus Consumer Protection Service has recently issued decisions against Alpha Bank Cyprus (former Emporiki Bank) and two property development companies Geormaride Ltd and VM Development Ltd.
Marinas

Paphos high-rise resort gets off the ground

Staff Reporter -
The town planning department has approved building permit to construct two 12-storey high-rise buildings and 122 apartments at Geroskipou in Paphos as part of the Peninsula Resort project.
News

Funds eyeing Bank of Cyprus bad loans

Bloomberg -
A number of funds are reported to be interested in buying some of the Bank of Cyprus' non-performing loan portfolio, which is valued at as much as €5 billion, according to Bloomberg.

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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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.

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