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  • Hellenic Bank sells non-performing loans

    Hellenic Bank sells non-performing loans

    The Hellenic Bank has sold its non-performing loan (NPL) and real estate management business, to APS Debt Servicing Cyprus Ltd, a member of the APS Holding a.s. group of companies...
  • Cyprus 'well prepared' for skyscraper disasters

    Cyprus ‘well prepared’ for skyscraper disasters

    The Cypriot authorities have assured that fire safety measures are in place to tackle skyscraper disasters following concerns arising from the Grenfell tower disaster in west London...
  • Contract signed for Cyprus casino resort

    Contract signed for Cyprus casino resort

    Earlier today a landmark deal for Europe's largest casino was signed between the gaming authority and the Melco Hard Rock consortium at the Filoxenia Conference Centre in Nicosia...
  • Reprieve for trapped buyers

    Reprieve for trapped buyers

    The Cyprus government has vowed to continue issuing Title Deeds to trapped buyers despite the recent court rulings that left them in legal limbo according to a report in the Cyprus Weekly...
  • How many trapped buyers?

    How many trapped buyers?

    Earlier today the Greek language newspaper Χαραυγή (Daybreak) published statistics on the number of trapped buyers unable to get their Title Deeds because of various unpaid developer debts...
  • Trapped buyers (update 2)

    Trapped buyers (update 2)

    The House Legal Affairs Committee is meeting today in efforts to resolve constitutional issues with the trapped buyers law. Meanwhile here is sitrep from Marina Massoura from the law firm of L.G. Zambartas LLC...
  • Fight for justice in Pissouri ordeal

    Fight for justice in Pissouri ordeal

    British High Commissioner, Matthew Kidd, visited affected residents in the devastated Limnes (lakes) area of Pissouri and is reported to have said he will intercede with government...
  • Land values also recovering

    Land values also recovering

    As home prices enter recovery, so do land values, particularly in Limassol which has already attracted property developers from other coastal areas such as Paphos and Famagusta...
  • Property prices rising says Central Bank

    Property prices rising says Central Bank

    Cyprus property prices rose by 0.3 per cent over the fourth quarter of 2016 but fell 0.9 per cent over the year according to the Residential Property Price Index published by the Cyprus Central Bank...
  • Overseas Cyprus property sales rocket

    Overseas Cyprus property sales rocket

    The surge in Cyprus property sales in May that we reported last Thursday was helped significantly by a more than three-fold increase in sales to the overseas market according to official figures...
  • Russian and Arab investors developing land

    Russian and Arab investors developing land

    Russian and Arab investors are buying and developing land in Cyprus with Limassol being their first option according to Marinos Kynegirou, the Chairman of the Cyprus Real Estate Agents Association...
  • Strong surge in Cyprus property sales

    Strong surge in Cyprus property sales

    There was a strong surge in the number of Cyprus property sales during May, with the number of contracts deposited at Land Registries across the island up 59 per cent compared to May 2016...
  • Cyprus building more new homes

    Cyprus building more new homes

    The number of new homes in Cyprus for which building permits have been issued rose by 34.6 per cent in March 2017 compared to the same period in the previous year according to the Cyprus Statistical Service...
  • New obstacle to solving Title Deeds mess

    New obstacle to solving Title Deeds mess

    Solutions to the Title Deed mess resulting from court decisions declaring that the 'Trapped Buyers' law is unconstitutional will be the subject of a meeting between all parties on 16th June...
  • Paphos District Officer to mediate Pegeia deadlock

    Paphos District Officer to mediate Pegeia deadlock

    A meeting mediated by the Paphos District Officer is to be held in efforts to resolve a deadlock between Leptos and the Pegeia Municipality concerning various issues at Coral Bay...
  • Golden Visa Program raises €4 billion

    Golden Visa Program raises €4 billion

    The Cyprus Golden Visa Program, which enables non-EU citizens to purchase Cypriot passports and residency permits by investing money in property and other sectors, has raised €4 billion...

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