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Cyprus changes estate agents law following EU inquiry

Cyprus changes estate agents law following EU inquiry

Following a European Union inquiry into the Cyprus laws governing estate agents, the Interior Ministry has submitted a new draft law to Parliament to bring it into line with the Acquis Communautaire.

RICS Cyprus property price index published

RICS Cyprus property price index published

Earlier today, RICS Cyprus published the first issue of its property price index which is based on a methodology developed by Reading University in the UK.

Cyprus overseas property market collapse

Cyprus overseas property market collapse

Figures issued earlier today by the Cyprus Department of Lands and Surveys reveal that the Island’s overseas property market collapsed in 2009 with a mere 1,761 properties being sold to non-Cypriot buyers during the year.

Property sales in Cyprus fell in 2009

Property sales in Cyprus fell in 2009

Although the number of properties sold in Cyprus during December 2009 showed an overall improvement on the number sold during December 2008, total property sales over the year fell.

Another annus horribilis for Cyprus in 2010

Another annus horribilis for Cyprus in 2010

Over the past week, a number of articles have appeared in the Cyprus media that have set alarm bells ringing for what 2010 has in store for the property sector and the Island’s economy.

Top 10 Cyprus news stories in 2009

Top 10 Cyprus news stories in 2009

We have compiled a list of the Top 10 Cyprus news stories from the Property Magazine that have attracted the most interest from readers over the past 12 months. It is perhaps not surprising that the name MacAnthony appears twice in the list.

Built on greed and nepotism says Cyprus protester

Built on greed and nepotism says Cyprus protester

The property industry in Cyprus is built on greed and nepotism. The developers borrow money from the bank using people’s homes as collateral and the banks and lawyers are part of the deception. I have proof that my home has been mortgaged by my developer.

Title Deed proposals are a recipe for disaster

Title Deed proposals are a recipe for disaster

The Cyprus government Title Deed proposals are a shambles and a recipe for disaster and we are horrified that they have even been considered for the statute book; they are a legal minefield and a social time-bomb – says Professor of Law, Criminology & Penal Justice.

Working together for proper Title Deeds law

Working together for proper Title Deeds law

The Cyprus Ministry of the Interior has put serious efforts to bring about a drastic and definite solution on long existing problem of the issuing of Title Deeds. This is a good time for all to work together to resolve the situation.

Property group condemns Title Deeds laws

Property group condemns Title Deeds laws

Just how much damage to the economy, the image of Cyprus and people’s lives will have been caused before the Government shoulders its responsibilities and resolves the Title Deeds issue once and for all?

Cyprus property sales: November 2009 report

Cyprus property sales: November 2009 report

Falling property sales in Cyprus continue to add to the islands economic woes. The latest figures to come out of the Cyprus Land and Surveys Department reveal that property sales have halved this year compared to last.

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