Latest Headlines

All reports tagged with: "problems"

Government needs to take urgent action

The Cyprus government has been urged to take “decisive steps to eliminate delays related to the issuing of title deeds,” to focus hard on reviving the island’s overseas property sector, and to avoid increasing local property taxes.

Developers meet with Central Bank Governor

The Cyprus Land and Building Developers Association has met with the Central Bank to discuss financing problems and the Title Deed legislation currently before a Parliamentary Committee.

MEP Alyn Smith asks Cyprus president to help

In a letter to the President of Cyprus, Demetris Christofias, MEP for Scotland Alyn Smith asks if an impartial ombudsman or foreign investor advice service could be established to deal with the many property issues.

Are we about to see justice for all?

An article in today’s Sunday Mail Opinion column questions whether the Cypriot authorities have left it too late to repair the damage that has been done to the Island’s image abroad.

British Army serviceman may be left out in the cold

A former British Army serviceman who once served in Cyprus may be left out in the cold if other residents living on the Paradise Hills estate get a mains electricity supply.

Life is Hell in Paradise Hills

Life in Cyprus is Hell for the handful of residents living in the unfinished Paradise Hills development built by Paphos-based developer MDB properties which is now in the hands of the administrators.

Castles Built on Sand: A lasting solution

Dr Alan Waring looks in more detail at some of the issues relevant to a lasting solution to the Cyprus property problem in a follow-up article to his ‘Castles Built on Sand’ that we published in June.

Home buyers may lose their properties

Some forty property buyers in Cyprus may be left at the mercy of the bank and face the prospect of losing their homes following a move to liquidate a property developer with debts of around €3 million.

Government help for the property sector

With many property developers finding themselves in a difficult financial position, questions are asked about what the Cyprus government should be doing to help the Island’s property sector.

Title Deed law changes delayed

The Cyprus government has been unsuccessful in its attempt to introduce the five bills designed to accelerate the issue of Title Deeds by the end of the parliamentary session. Talks on their substance will continue after the summer recess.

Back to top