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All reports tagged with: "economic downturn"

British Army serviceman may be left out in the cold

A former British Army serviceman who once served in Cyprus may be left out in the cold if other residents living on the Paradise Hills estate get a mains electricity supply.

Life is Hell in Paradise Hills

Life in Cyprus is Hell for the handful of residents living in the unfinished Paradise Hills development built by Paphos-based developer MDB properties which is now in the hands of the administrators.

Real estate needs to go back to basics

In this time of great economic uncertainty and lack of liquidity, many real estate companies are looking for ways to effectively manage risk, streamline operations, and enhance their business relationships

Government inaction over Title Deeds is irresponsible

The Cyprus government’s handling of the Title Deed problems could not have been worse. It made promises to interested parties that it could not keep.

Cyprus property boom ends as weak pound scares away U.K. buyers

The weak pound will result in British buyers of second-home in Cyprus keeping their money in their wallets for the next two years or so.

British pensioners in Cyprus feel the squeeze

THE GLOBAL economic downturn and the collapse of the British pound are having an enormous impact on the retired population of Brits in Paphos. David Cornthwaite, the Chairman of the UKCA in Paphos told the Sunday Mail that the biggest topic of conversation among expats at the moment is the financial crisis. “The government of […]

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