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All reports tagged with: "increase"

New home building permits up 25 per cent

The number of new homes in Cyprus for which building permits have been issued rose by 25.3 per cent in September 2017 compared to September 2016 according to the Cyprus Statistical Service.

IMF: Reinstate Immovable Property Tax

The International Monetary Fund (IMF) has called on Cyprus to consider reinstating the Immovable Property Tax, which was withdrawn this year, and raising transfer duty to increase revenues.

Zero rent increase – wrong decision

How will foreign investors invited to put money into the Cyprus property sector interpret the decision by the Government’s Council of Ministers that there will be no rent increases until 2019?

Property sales improve in March

Following February’s fall in property sales, the numbers sold in Cyprus during March compared to March 2016 improved in three of the five districts according to official statistics from the Department of Lands and Surveys.

More new homes in December

The number of new homes in Cyprus for which building permits have been issued increased by 55.7 per cent in December 2016 compared to the same period in the previous year according to the Cyprus Statistical Service.

Property sales off to a promising start

Property sales in Cyprus got off to a promising start in 2017 with sales increasing in all districts during January (with the exception of Famagusta) compared to the numbers sold in January 2016.

Strong growth in Cyprus property sales

The number of properties sold in Cyprus during August rose significantly compared to August 2015 according to the latest official figures published by the Department of Lands and Surveys.

Cyprus property prices recovering

The RICS Cyprus Property Price Index for Q1 2016 reports increases in almost all districts and property types, with significant increases recorded in Paphos and Famagusta, while prices other urban areas are gradually bottoming out.

Cyprus property sales continue to rise

Property sales in Cyprus continued their upward trend in May 2016 compared to the same period last year, according to official statistics published by the Department of Lands and Surveys.

Non-performing loan ratio increases

Non-performing loans (NPLs) ratio in the Cypriot banking system stood at 48.9 per cent of total loans at the end of February, up from 45.8 per cent in December, according to data released by the Central Bank of Cyprus.

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