Cyprus' leading on-line resource for home buyers & real estate investors -

20th April 2024
Cyprus Property News logo
HomeTagsForeclosure

Tag: foreclosure

News

Foreclosure protection for deed-less buyers

Parliament has asked the Cyprus government to exempt from foreclosure buyers who bought property from insolvent developers and who risk losing their homes even though they may have paid for them in full.
News

Title deed event ‘sold out’

A proposed lecture on the thorny subject of title deeds which is due to take place in Paphos early in December has 'sold out' with all available seats booked within a week of its announcement.
News

Do not disrupt bailout programme

The Cyprus Finance Minister has warned MPs to avoid disrupting the bailout programme again urging them not to make any "moves that will only create a problem for us without any practical gains."
News

Cyprus bailout tranche approved

Last evening Eurozone finance ministers approved the release of a €350 million bailout tranche to Cyprus as the country had amended laws on foreclosures and forced sales of mortgaged property as agreed in the MoU.
News

AKEL moves to suspend foreclosures law

Communist opposition party AKEL has proposed that the law on foreclosures is suspended until June next year to give the authorities sufficient time to prepare the insolvency framework.
News

Troika to discuss insolvency framework

A team from the troika is expected to arrive in Cyprus on 10th November for consultations on continuing the €10 billion bailout program and are expected to remain on the island until 14th November.
News

Four foreclosure bills unconstitutional

The Cyprus Supreme Court has ruled that four of the six bills voted by parliament on 6th September that limited the effect of the foreclosure bill on low-income groups are unconstitutional.
News

No foreclosure law no money

Eurogroup President Jeroen Dijsselbloem told a news conference that putting legislation in place to deal with the high level of non-performing loans (NPLs) is essential for Cyprus to return to financial health.

Top Stories

Elsewhere in Cyprus Property News

About us

Established in 2004, Cyprus Property News is the Island’s leading on-line resource for overseas home buyers and property investors.

Owned, funded and operated independently, we provide the latest news and analysis of events shaping the property market and offer opinion and guidance on purchasing real estate. 

Our mission

The mission of Cyprus Property News is to provide anyone looking to buy property in Cyprus with up-to-date factual information, without the usual marketing hyperbole and exaggerated claims, to help their buying decisions and to help them avoid making costly mistakes.

Cyprus Property News also has an on-line Cyprus Property Forum where individuals wishing to buy or sell property and those who are facing problems can seek independent advice completely free of charge.

Information pages

© Copyright - Cyprus Property News 2004 - 2024