All reports tagged with: "News"
Latest property sale figures for Cyprus
The beleaguered Cyprus property market has received some encouraging news from the Government’s Lands and Surveys Department with the publication of its property sale figures for February 2010.
Improvement in Cyprus direct tax revenues
There are signs that the Cyprus government’s efforts to avoid the island’s budget deficit exceeding 3% of its GDP, which would result in EU Supervision, are bearing fruit with Immovable Property Tax collections almost doubling during September.
Cyprus tax receipts continue to fall
Capital Gains Tax receipts in Cyprus, Stamp Duty and Immovable Property Tax continue to fall as a result of the on-going slump in the real estate market.
If you can’t trust a lawyer in Cyprus, who can you trust?
If lawyers (and the Cyprus Bar Association) took their responsibilities seriously, the image of Cyprus would remain untarnished and its property industry wouldn’t be in the mess it’s in today.
Man held over Limassol land fraud
A 40-year-old man has been remanded in custody after allegedly obtaining around €2m from his Russian business partner by falsely offering to provide him with acres of land.
Property prices to fall say 80%
More than 50% of those who voted in a recent poll conducted by the Cyprus Property Magazine believe that real estate prices will fall by more than 10% during 2009.
Getting rid of this wretched Cypriot lawyer
Providing you have settled your account, you can dispense with this woman’s services immediately and get yourself another lawyer. The British High Commission in Nicosia publishes a list of English speaking lawyers you can find by
Cyprus tax receipts from property tumble
Reflecting Cyprus’ stagnant property market, Capital Gains Tax receipts on the island tumbled in the first four months of the year; Stamp Duty and Immovable Property Tax receipts also fell.
Bank of Cyprus to cut mortgage rate
The Bank of Cyprus will cut its base mortgage rate by 1% in early June, bringing it down to 4.25%. However, overseas property investors may not benefit from the rate cut as it will only apply to mortgages
Property awarded to couple after legal battle
A BRITISH couple came very close to losing their €680,000 property at Ayia Thekla in Cyprus when their developer sold it to someone else behind their backs.
According to Yiannos Georgiades, the couple’s present lawyer, the two Britons set up a company and bought the property in Ayia Thekla, which they planned to rent out. The [...]
