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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. […]

When the Dream Turns into a Nightmare

It’s common knowledge that Cyprus offers a more relaxed way of life. We don’t generally rush around and feel the stresses and strains of a big city, especially in Paphos. Naturally, that feeling of not being all that aggressive permeates into our everyday life. Banks are not open for very long, the police are not […]

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 […]

New Rights Planned for Cyprus Property Buyers

A bill being drafted by parliament seeks at long last to arm property buyers with an arsenal of weapons against unscrupulous property developers, though it remains to be seen how effective its application will be. The move aims to address the thousands of cases where someone paying for a plot of land, an apartment or […]

Developers Dragging Their Feet on Title Deeds

Three months after passing a law on title deeds, authorities are discovering that incentives given to developers to legitimise illegal constructions are not as appealing as had been hoped. The law passed last March allowed owners of houses or apartments that violated building regulations to pay a certain amount to the Town Planning department and […]

Paphos looks into Sand Houses

The Paphos District Officer has initiated litigation against the developers and civil engineers involved in building a residence on soft soil, in what is the latest case of reckless and dangerous construction. It is known that a number of Cyprus properties, particularly in the Paphos area, have been built on unsuitable ground. In several cases, […]

Architects Blast Authorities for Building Permit Delays

Lengthy delays in obtaining town planning and building permits for new buildings can squarely be blamed on the antiquated practices of the Town Planning Department and local municipalities, the President of the Architects Association, Costantinos Costandi, said yesterday. The issue of town planning and building permits has long plagued construction in Cyprus, with lengthy delays […]

House Opens Way to Release Title Deeds

Parliament has unanimously approved a bill that would enable thousands of joint owners of illegitimate residences or land plots to secure building licences and title deeds, although under strict conditions. The bill, drafted primarily by deputies Demetris Syllouris (independent) and DISY’s Maria Kyriacou, hopes to set in order a “complex social and economic problem that […]

Cowboys & Real Estate Agents in Cyprus

A law passed at the end of last year aims to protect house buyers from rogue operators. We explain what it contains and how to spot a cowboy. The new Estate Agents’ Law, which was approved by parliament in December 2004, lays down new requirements for estate agency practice and aims to increase the protection […]

Warning to Cyprus Home Buyers

It has come to my attention that everyone in Cyprus is now talking of property investment and what a great investment it is. A number of people honestly believe that the prices of houses/flats are still low and that they will continue to rise. I am personally tired of hearing this nonsense and feel sorry […]

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