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All reports tagged with: "land registry"

Home sales hit a record monthly low

With property sales in Cyprus once again hitting a record monthly low in April, there appears to be a growing interest by overseas buyers in the districts of Paphos, Larnaca and Famagusta.

Criminal investigation into land registry officials

Disciplinary and criminal investigations are underway into a number of land registry officials relating to allegations of corruption, bribery, embroilment, violation of personal data laws and depriving the state of revenue.

Property scam leaves families with no home

A number of families who bought land in Fasoula and paid for properties to be built have been left with no homes as the contractor and property development companies have closed.

Are overseas buyers returning?

For the second month in succession, the number of properties sold to overseas buyers increased in December with properties in Paphos accounting for 50 per cent of sales to non-Cypriots.

Decline in property sales slows

Although the number of properties being sold in Cyprus continues to fall, sales in Paphos and Larnaca increased in November and the overall rate of decline is the lowest in recent months.

Kill the chicken, eat the eggs, pretend it didn’t happen

Little has been done to resolve the problems that precipitated the crisis in the property sector; many are resisting the need for change and seem intent on making the same mistakes again as if the crisis never happened.

Property law loophole losing tax revenue millions

Everyone knows that there are massive loopholes in the island’s antediluvian property laws. Shouldn’t these be plugged before the banks start selling off people’s homes as demanded by troika?

Property sales down 40 per cent

There is still no end in sight to the catastrophic downturn in the Cyprus housing market with real estate sales during August plummeting 40 per cent to reach a new all-time monthly low.

Gotcha, Gotchiani!

Good news! One of our occasional contributors, Dr Alan Waring, is finally getting the Title Deeds to the property that he and his wife purchased in Oroklini – a mere eight years after they took delivery.

Bailiffs strip Paphos Land Registry office

Bailiffs acting on a court order have stripped the Paphos Land Registry office of anything that wasn’t nailed down to compensate creditors whose land was expropriated for the Paphos/Polis road and who have yet to be paid compensation.

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