Latest Headlines

News

Please be patient, we are doing our best!

INTERIOR Minister Neoclis Sylikiotis has asked for patience over the issue of withheld Title Deeds as pressure mounts for the Government to take action. Mr Sylikiotis announcement was in response to a report that Lord Jones of Cheltenham had tabled two written questions in the British House of Lords on the problem; replies to which […]

20,000 Cyprus property industry workers face job losses

THE president of the Cyprus Construction Association, Sotos Lois, has said that 20,000 workers in the property industry may lose their jobs. Sotos Lois warned that if forecasts of a 40% drop in construction sector activity prove to be true, lay-offs could not be avoided. At a press conference today, he noted that sackings in […]

Cyprus home buyers turn to Lords for Title Deed aid

THE BRITISH House of Lords is seeking answers as to why UK home buyers in Cyprus are still waiting for their title deeds and wants to know whether the British government intends to pressure Nicosia on the issue. Answers to the two questions tabled by Lord Jones of Cheltenham are expected in the coming week. […]

Free top tips guide on buying property in Cyprus

My property buying guide Buying a Home in Cyprus: A Practical Guide to Successful Real Estate Purchase now has a brand new supplement, which is available completely free of charge. Its 40 pages are filled with my ‘Top Tips’ for home seekers and investors thinking about buying property in Cyprus. Its aim is to set […]

Property problems: Questions raised in the House of Lords

NEWS of the many problems being experienced by British citizens who have bought property in Cyprus has reached the ears of the UK Government. Yesterday, Lord Jones of Cheltenham tabled two questions in the House of Lords. Replies to both questions are due by 27th November: To ask Her Majesty’s Government what advice they are […]

Credit crunch hits property market

THE credit crunch is hitting the property market in the Paphos region of Cyprus. Other businesses are also being affected including restaurants and hairdressers according to a report in today’s Cyprus Mail. It seems that the only ones seeing a boom are the charity shops. Credit crunch: Paphos feels the squeeze Businesses and charities in […]

Cyprus property sector should not expect help in crisis

ECONOMISTS and even a government official yesterday scoffed at any notion of state help if the Cyprus property market sector suffers in an extended financial crisis. Last week, the government said it was putting together a plan to combat any possible crisis. The plan, which is due to be announced shortly, will focus on the […]

Property action group releases Government report

FOLLOWING months of deafening silence from the Cyprus Government, the Cyprus Property Action Group (CPAG) has today released its report Cyprus Property Pitfalls: a time for ACTION. CPAG also calls on those who have been scammed by the rogues and conmen in the Cyprus property industry to write to their MEPs and MP urging them […]

Welcome to the property club Mr Clerides

IT SEEMS that 29,949 non-Cypriots are not the only ones waiting for Title Deeds to their property. It has been reported that former President of the Republic, Glafcos Clerides, is among the many thousands of Cypriot property buyers who have also been left twiddling their thumbs. Mr Clerides bought a holiday home at the Spyros […]

Planning: amnesty & development proposals

WE understand that a bill concerning an amnesty for property owners who have committed urban planning violations will be submitted to the Cyprus Parliament before the end of the year. Speaking to Parliament, Interior MInister Neoclis Silikiotis said: “It’s not an issue of urban amnesty only, but it is about mortgages to banks or other […]

Back to top