Latest Headlines

All reports tagged with: "Cyprus"

Cyprus house prices rise 0.2 per cent

The Cyprus house price index (HPI) rose by 0.2 per cent in the third quarter of 2018 and by 1.7 per cent on an annual basis according to a preliminary estimate by the Cyprus Statistical Service (CYSTAT).

House repossessions at a low ebb

Although recent changes to the law have been made in efforts aimed at helping the Cyprus banking system to reduce high levels of NPLs, house repossessions are still at a low ebb according to Central Bank data..

December property sales crash

Following nineteen consecutive months of rising property sales in Cyprus, December 2018 sales saw a crash in their number according to official figures published by the Department of Lands and Surveys.

Affordable housing on political agenda

Sky-high rents have put affordable housing on political agenda with the government drafting a new housing policy in efforts to persuade the construction sector to build cheaper apartments.

Communal fees – sinking fund

Some Management Committees in Cyprus have set up a ‘sinking fund’; money set aside to replace/renew/repair items like swimming pool equipment, watering systems, external redecoration, etc.

Top ten Cyprus property stories in 2018

Cyprus property news has attracted more than 850,000 visitors in 2018 and here is a summary of the top 10 most popular stories, which include articles and news about Title Deeds, swimming pools, taxation, etc.

Fighting for Pissouri landslide victims

The lawyer acting for the victims of the landslide in the Limnes area of Pissouri has called on the government to stop pretending, admit there is a landslide and compensate those affected.

KPMG Cyprus real estate report

KPMG’s ‘Cyprus Real Estate Market Report – The Insights’, now in its ninth edition, provides an overview of the Cypriot economy and assesses the performance of the real estate sector.

Pension Christmas present from HMRC

Amendments to the 2018 Double Taxation Convention between the UK and Cyprus allow those in receipt of Government service pensions to choose whether to pay tax on that pension to the UK or Cypriot authorities.

What next for Limassol development?

With Limassol’s seafront peppered with luxury towers and new developments, there is almost no room for new projects, so investors are heading outwards while eyeing the area between the new marina and the old port.

Back to top