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All reports tagged with: "cyprus property"

Buying Mortgaged Property in Cyprus

Question Hi Nigel, I am in the process of buying an off-plan Cyprus property from a developer and the lawyer acting on my behalf has advised me that: “The bank which has a mortgage on the project will issue a declaration confirming that the separate Title Deed issued for the property will not be burdened […]

Cyprus Property Prices Fall for Third Successive Month

The Cyprus property price index is published monthly by BuySell Cyprus Real Estate, a real estate advertiser. The company started to produce its property price index in 2004. It shows the movement of prices at which residential properties in Cyprus are sold and is based on an average of around 400 to 500 home sales/month. […]

The Cyprus Property Title Deeds Issue

IT IS a fact that it takes a long time to secure a title deed for new property and this creates serious problems regarding ownership, finance, re-sale and other matters. At this point of time there is a serious debate taking place in the House of Representatives on the subject, but we have not detected […]

Cyprus Property Tax Refunds

Dear Sir, Question: I am told that I can get a refund on the property taxes that I have been charged by the developer. When I bought my apartment, five years ago, prior to transfer the developer charged me £360 for property taxes. Can I claim this amount back? Answer: There is a government property […]

Cyprus Property Boom in Danger of Pricing Itself into Obscurity

IRRESPONSIBLE. When high-ranking government officials come out and say that the price of something is going up, the public generally believe them. Unfortunately, what also happens is that the people involved in selling also listen, and put their prices up, whether the rise is warranted or not. The current property boom is in serious danger […]

Construction Quality

The quality of construction of Cyprus property varies greatly. If you are looking to buy a property, here are a few things you should look out for

Cyprus Property and Title Deeds

Cyprus is one of the few countries in the world that maintains an effective land registry system in which all ‘immovable property’ (a term that relates to land and buildings, trees and plantations, rivers, wells, and all rights relating to land and buildings) is registered. (The system used in Cyprus is very similar to the […]

Get Ready for a Cyprus Property Boom

Property, apartment and detached house prices are expected to increase by seven to 12 per cent in the immediate future, the House Commerce Committee heard yesterday. According to the head of the Land Registry Department, Andreas Christodoulou, Cyprus is the cheapest country in the European Union when it comes to properties, apartments, houses and land. […]

Cyprus Property Cheats

With regards to property cheats, on your Letters page the problem stems way before this. Firstly you need your property developer, who comes along with ‘Horse, Saddle and Spurs’. He decides to build, puts down the base for columns and his architects tell him they are wrong. He doesn’t rectify this problem and so the […]

Cyprus Property Warning

I would like people to know how buying property in Cyprus can turn out to be a complete nightmare. We have lived in Cyprus for over a year and want to sell up and move back to Scotland for personal reasons. We bought a house off plan in 2003 and had a buyer who wanted […]

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