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All reports tagged with: "Paphos"

Cyprus property prices down

As the property crisis continues to worsen, prices of residential properties in the urban centres have dropped by more than 10%, while prices of summer residences have fallen between 30% – 40%.

Cyprus marina progress reports

Following the news item on the marina planned for Larnaca, progress reports on the marinas planned for Ayia Napa, Limassol and Paphos have recently been published by Stockwatch.

Report on destruction of sea caves at Paphos

As well as causing irreparable damage to the sea cave rock formations at Peyia in Paphos, large pipes have also been laid going into the sea. Inspectors need to visit Chlorakas, Peyia, Emba and Kissonerga on a daily basis and carry out extensive checks.

Paphos timeshare touts get violent

More than 18 months ago the Cypriot authorities were reported to be cracking down on timeshare touts operating in Paphos. But it seems they have made little headway as instances of violence are now being reported.

Sea caves destroyed by developer

Developers in Cyprus are causing irreparable damage to the natural environment and seem intent on destroying the very reasons people come to live on the island in their endless quest for money.

Property prices and gross rental yields

Cyprus property investors should expect to pay in the region of €2,004/sq.m for a 120sq.m apartment in Paphos and expect to receive a gross rental yield of 2.83% according to the latest figures published by the Global Property Guide.

Paphos timeshare touts out of control

Aggressive timeshare touts in Paphos are hassling guests inside top-class hotels along the seafront in a desperate attempt to drum up new business.

Cyprus title deed seminar

A Title Deed seminar is being organised by CPAG where courses of action that buyers may take to secure full legal ownership of their property will be discussed.

Cyprus golf courses get the go ahead

In the face of much opposition, the cabinet has finally approved the creation of fourteen new golf courses in Cyprus, but they will have to provide their own water.

Cyprus property companies on brink of bankruptcy

A 20 to 30 per cent cut in the old prices, which were too high, could stimulate some interest from people and get the stagnant property market moving; at lower prices, the banks could also become more willing to offer housing loans to buyers.

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