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Citizenship for sale reports denied

The Cyprus Interior Minister has rejected press reports that the government is changing the rules for acquiring Cypriot citizenship by foreign investors by reducing the amount for large investments.

Developers attract half billion of fresh money

Property developers have attracted half a billion Euros to Cyprus and the sector is one of the main areas attracting foreign investors according to the Interior Minister, Socratis Hasikos.

New Limassol marina is ‘a gem’

The Limassol marina project is expected to be completed by the end of the year, with an official opening taking place in spring of 2014; the first yachts were welcomed earlier this year.

Property sales plumb new depths in May

Property sales in Cyprus during May recorded their biggest decline in recent years with sales declining 75 per cent compared with May 2012 and numbers falling in all districts across the island.

What a mess: Property valuations

While property values in the Cyprus tourist areas have fallen by 30%, foreign demand is still down 70%. Antonis Loizou FRICS considers the problem and wonders what will happen next.

Title Deed solution soon?

Yesterday, the Cyprus parliament began discussions on the bills that aim to put an end to the difficulties faced by Cypriot and foreign property buyers in acquiring their Title Deeds.

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