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Articles filed in the News Section
Foreigners show little interest in property market
Foreign interest in the Cyprus property market is showing no sign of a recovery at the start of the year with sales in January down by more than 28 percent on last year.
More delays in O’Dwyer case
It has now more than a year since Court proceedings got underway into the alleged assault of Conor O’Dwyer by a property developer, his son and another man.
Corruption in Cyprus is a national problem says EU report
“In Greece, Bulgaria and Cyprus there is almost universal agreement that corruption is a national problem” says damning EU Commission report.
Property sales improved in January 2010
According to figures published by the Cyprus Department of Lands and Surveys, property sales improved last month compared to the number sold in January 2009.
Heavy January rains bring relief from water cuts
Michalis Polynikis, the Cyprus Agriculture Minister, has announced that water cuts will be lifted from today as a result of January’s heavy rains.
CPAG update on transfer taxes and IPT
Earlier today CPAG, the Cyprus Property Action Group, issued an update regarding transfer taxes (Property Transfer Fees) and IPT (Immovable Property Tax)
Bank of Cyprus loan for Limassol marina
An agreement has been reached between the Bank of Cyprus and Limassol Marina Limited for a loan for the construction of the new marina which should open in 2012.
Final contracts for Limassol marina signed
Yesterday Antonis Paschalides, the Cyprus Minister of Commerce, signed the two final agreements signalling the start of construction work on the Limassol marina.
E-Clear collapse linked to Cyprus development company
Investigators have learnt of a possible link between that collapse of the credit card company E-Clear and a property development company in Cyprus.
Ban the sale of mortgaged property
An overwhelming percentage of our readers who voted in a recent on-line poll want the Cyprus government to ban the sale of mortgaged property.
Half a million visit Cyprus property news
Earlier this week, the Cyprus property news magazine chalked up its 500,000th visitor. I was so busy with other matters, I did not notice.
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