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Determined action over Title Deed fiasco

AKEL has seized the initiative to settle the long-standing Title Deed cum fraud mess with proposals that should enable all trapped buyers to obtain the Title Deed for the properties they’ve purchased.

Measures to tackle non-performing loans

The Commission is today proposing an ambitious and comprehensive package of measures to tackle non-performing loans in Europe, capitalising on the significant progress already made in reducing risks in the banking sector.

Sea caves desecration continues

The construction of so-called luxury properties in the sea caves area of Pegeia in Paphos has infuriated many in the village as the desecration of Cyprus’ environment and natural beauty continues.

Pissouri homeowners running out of hope

Property owners in the devastated lakes (Limnes) area of Pissouri are still waiting for the government to fulfil its promise to pay for sorting out the mess caused by land slippage in the area.

Cyprus passport sales revealed

Following questions raised by Giorgos Perdikis concerning the transparency of the citizenship by investment aka passport for cash scheme the Cyprus News Agency reported the figures on Monday.

Local authorities delaying title deeds process

The title deeds process is being delayed by the local authorities who need to decide what type of certificate to grant to properties depending on their condition; a final certificate of approval, a certificate with remarks, or one with a prohibition.

Cyprus plans asset management company

Nearly five years after the troika of Cyprus’ international lenders proposed that the country establish an asset management company to help reduce the high level of NPLs, Cyprus will present plans for an AMC in Brussels next week.

Residential developments in Limassol

Two further residential developments in Limassol have been announced; a 21 storey development in the Germasogeia tourist area and a 12 storey development next to the beach and close to the city centre.

Decision on Paphos marina urged

George Stylianou, the community leader of Kissonerga village, has urged the government to make a decision as soon as possible over the long awaited Paphos marina that has effectively been in limbo since 2008.

Property for passports?

Speaking to Euronews Cypriot lawyer Dimitris Dimitriades defends the controversial Cyprus Citizenship Scheme, which has brought more than €4 billion into the Cypriot economy.

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