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All reports tagged with: "Paphos"

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.

Cyprus property sales down 50 per cent

PETER Paradisos, the marketing manager for Maispa Developers said property prices in Cyprus were falling steeply even though he didn’t have any official figures as yet. “I would say enquires and sales are down by 50 per cent. If you’re a good salesman you can close a deal on most enquiries, but if they aren’t […]

British pensioners in Cyprus feel the squeeze

THE GLOBAL economic downturn and the collapse of the British pound are having an enormous impact on the retired population of Brits in Paphos. David Cornthwaite, the Chairman of the UKCA in Paphos told the Sunday Mail that the biggest topic of conversation among expats at the moment is the financial crisis. “The government of […]

Cyprus lawyer at centre of protest replies

FOTOS PITTADJIS, the lawyer at the centre of yesterday’s peaceful protest in Paphos, has given his side of the story concerning allegations made against him to the Cyprus Mail. In an article by Bejay Browne in today’s paper, he said: “I have heard about this demo, and I must say I find it offensive and […]

Cyprus protesters take to the streets

Earlier today a group of around 100 Cypriots and expatriates mounted a peaceful protest outside the new Paphos offices of the law firm Fotos Pittadjis.

Paphos building contractors sound alarm bells

Building contractors in Paphos sounded the alarm for increased unemployment in the construction sector due to lower activity. In his statements to StockWatch, Chairman of the Paphos Building Contractors Association, Antonis Petrides said that 80% of the contracting companies have been affected by the crisis, and if things remain unchanged, all contractors in Paphos will […]

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