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All reports tagged with: "2015"

Better year for property sales

Following the 20 per cent increase in sales in 2014, Cyprus property sales rose by 9 per cent in 2015 according to the latest official statistics published by the Department of Lands and Surveys.

Top 10 most read articles of 2015

Once again Cyprus Property News attracted more than a million visitors over the past year and here is our list of the Top 10 stories most read new stories and articles by you – our readers.

Immovable Property Tax collected €84.48 million

The Cyprus News Agency reports that the government had collected almost €85 million in Immovable Property Tax by 3rd December, which accounts for approximately 82.25 per cent of the total.

Property sales up 3 per cent

The number of property sales in Cyprus during September rose 3 per cent compared with the numbers sold in September 2014 according to official statistics published by the Department of Lands and Surveys.

Construction activity worst in Europe

Construction activity in Cyprus suffered the biggest decline in production year-on-year in Europe during the first quarter of 2015 according to statistics published in yesterday’s Eurostat newsrelease.

Immovable Property Tax 2015

Revised Immovable Property Tax rates for 2015 are contained in one of a series of bills submitted by the Cyprus government to parliament, which are aimed at modernising the island’s taxation system.

Real estate prices expected to fall

Pundits in the real estate sector expect that property prices will continue to fall in 2015 but believe that interest from overseas buyers will continue due to incentives introduced by the government.

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