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  • Paphos Land Registry abuse of power

    Paphos Land Registry abuse of power

    Officials at the Paphos Land Registry have been accused of breach of power by a local businessman who claims that certain officials have been deliberately dragging their feet over the survey of a plot of land...
  • The troika returns to Cyprus

    The troika returns to Cyprus

    Representatives of the troika of international lenders plus the European Stability Mechanism (ESM), the IMF, EC and the ECB , will be in Cyprus later this month for the third post-programme surveillance...
  • John Hourican "annoyed and impatient"

    John Hourican “annoyed and impatient”

    Bank of Cyprus CEO John Hourican said he is annoyed and impatient by borrowers seeing a rising property market and wanting to hold on and negotiate more time to repay their loans...
  • How much have property prices changed?

    How much have property prices changed?

    The RICS (Cyprus) Property Price Index for the first quarter of 2017 reported that prices for residential properties rose, but how much have prices changed in your area since the index was introduced?..
  • New home building permits up in June

    New home building permits up in June

    The number of new homes in Cyprus for which building permits have been issued rose in June 2017 compared to the same period last year according to the Cyprus Statistical Service...
  • Rise in overseas property sales continues

    Rise in overseas property sales continues

    The steady increase of overseas property sales Cyprus continued in August according to the latest official statistics published by the Department of Lands and Surveys with sales in Famagusta leading the way...
  • August property sales up 27 per cent

    August property sales up 27 per cent

    The number of property sales in Cyprus during August 2017 rose by 27 per cent compared with the same month last year according to official figures from the Department of Lands and Surveys...
  • Cyprus Central Bank: home prices rising

    Cyprus Central Bank: home prices rising

    The Cyprus Central Bank's 'Residential Property Price Index' reports that home prices in Cyprus rose 0.3 per cent during the first quarter of 2017 compared to the previous three months; the third consecutive quarterly increase...
  • Cyprus property prices continue to rise (Update)

    Cyprus property prices continue to rise (Update)

    RICS (Cyprus) reports that Cyprus property prices are continuing to rise in the thirteenth edition of its Index, with the prices of apartments and houses across Cyprus rising by 1.3 per cent and 2.3 per cent respectively during the first..
  • Cyprus 7th most popular spot in Europe for Brits

    Cyprus 7th most popular spot in Europe for Brits

    Cyprus is the seventh most popular European country for Britons seeking to relocate or buy a second property with Paphos being the most popular region according to search statistics collected by Rightmove...
  • Cyprus slips in property chart

    Cyprus slips in property chart

    Cyprus has dropped out of the top 10 of the July edition of the TheMoveChannel.com’s Top of the Props chart, which records the most searched for overseas destinations to buy property...
  • Mixed signals from Moody's

    Mixed signals from Moody’s

    In two recent reports Moody's said that banks will benefit from increased loan demand but warned that lack lustre performance in loan restructuring is a credit negative and that overall improvement in asset quality to date has been "lethargic"...
  • Cyprus 7th in citizenship by investment

    Cyprus 7th in citizenship by investment

    Cyprus has emerged as one of the most popular jurisdictions for EU and non-EU nationals in the Citizenship by Investment Index, published by Financial Times group's Professional Wealth Management...
  • New homes construction surges

    New homes construction surges

    The number of new homes in Cyprus for which building permits have been issued surged by 52.5 per cent in May 2017 compared to the same period in the previous year according to the Cyprus Statistical Service...
  • Bank of Cyprus fined €170,000

    Bank of Cyprus fined €170,000

    The Bank of Cyprus has been hit with a €170,000 administrative fine by the Office of Competition and Consumer Protection (CCPS) following its investigation into the bank's commercial practices relating to mortgage loans...
  • Cyprus property sales up 18% in July

    Cyprus property sales up 18% in July

    Property sales in Cyprus rose 18 per cent in July compared with July 2016 with sales increasing in all districts (with the exception of Larnaca) according to official figures from the Department of Lands and Surveys...
  • Limassol rents skyrocket

    Limassol rents skyrocket

    Demand for rental properties in Limassol has grown in recent years as local buyers have difficulty in obtaining home loans due to the banks' stringent loan conditions and because it attracts plenty of foreign businessmen...
  • Bank of Cyprus must sell NPLs

    Bank of Cyprus must sell NPLs

    The Bank of Cyprus must include the sale of non-performing loans (NPLs) in its toolkit if it is to achieve its ambitious target to halve their ratio to 20 per cent by 2019 says Moody's Rating Agency...

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