Earlier property news reports from Cyprus, articles, features, letters, etc.
Cyprus bank eases loan restrictions
THE Central Bank of Cyprus has eased the loan restrictions for the purchase or construction of second properties from 60% to 70%.
According to a local newspaper report, the Governor of the Central Bank, Athanasios Orphanides, informed the banks on Tuesday […]
May 28th, 2008 | Popularity: 5% | Continued
Equity release in Cyprus
I wonder if you can help please. The falling value of the pound against the Euro means that we have much less money coming in every month and we are now finding it quite difficult to make ends meet. A […]
May 26th, 2008 | Popularity: 4% | Continued
Top 10 tips on making a Will in Cyprus
NOBODY likes to think about making a Will, but whenever you have a major change in your family or financial circumstances you need to think carefully about what provisions you have in place to protect your loved ones.
The laws of […]
May 23rd, 2008 | Popularity: 5% | Continued
Cyprus property tax receipts plummet
ACCORDING to press reports, a decline in Cyprus property prices has resulted in a spectacular fall in Government revenue.
During the first four months of 2008, Capital Gains Tax receipts fell by 17% to €116.18 million from €139.42 over the same […]
May 22nd, 2008 | Popularity: 4% | Continued
Briton loses half a million in property fraud
TWO men were remanded in custody in Paphos yesterday on suspicion of defrauding a British resident of Peyia out of nearly half a million euros in a bogus property transaction.
Police had arrested three men in connection with the case on […]
May 21st, 2008 | Popularity: 5% | Continued
London property protest
A GROUP of British expats frustrated with the judicial system in Cyprus protested at Alexandra Palace London on Sunday where President Demetris Christofias was addressing a gathering of UK-based Cypriots.
The protest was led by Conor O’Dwyer, 38, from Surrey who […]
May 20th, 2008 | Popularity: 10% | Continued
The property bubble
IN PARALLEL with the tourist decline, the property boom in Cyprus went into reverse from 2005 onwards.
Nevertheless, over that period we have seen countless articles and utterances seeking to deny first that there is a problem at all and, when […]
May 15th, 2008 | Popularity: 11% | Continued