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All reports tagged with: "property in cyprus"

Cyprus 7th most popular spot in Europe for Brits

Cyprus is the seventh most popular European country for Britons seeking to relocate or buy a second property with Paphos being the most popular region according to search statistics collected by Rightmove.

How many trapped buyers?

Earlier today the Greek language newspaper Χαραυγή (Daybreak) published statistics on the number of trapped buyers unable to get their Title Deeds because of various unpaid developer debts.

Trapped buyers could lose their homes

The Limassol and Paphos District Courts in Cyprus have both ruled that the trapped buyers’ law, which enabled those duped into buying property built on mortgaged land to get their Title Deeds, is unconstitutional.

Property and currency in the wake of Brexit

British expats living in Cyprus have seen a fall in the Euro/Sterling exchange rate in the wake of the BREXIT referendum and are finding that their UK pensions are not stretching as far as they had planned.

Escape to Paphos

Cyprus is back on the UK overseas property map once again; the latest in a BBC series featured a programme on Paphos, while another to be broadcast on 22 April, focusses on Limassol.

A meaningless exercise in financial futility

While in conversation at their club after a particularly satisfying luncheon, a few long-term banker acquaintances discuss the financial problems in the Cyprus property market as they sip their brandies.

Money off your Immovable Property Tax bill (updated)

Update – 18 October. At yesterday’s Plenary session of Parliament, the majority of Cypriot MPs agreed to extend the 10 per cent discount period to those who pay their IPT by 5th November 2013.

Free Swiss Franc loan seminar in Birmingham

Birmingham City Football Club is the venue for a free seminar planned for Sunday 20th October for those who have bought property in Cyprus with loans denominated in Swiss Francs.

Buyers’ grievences heard in EU Parliament

The European Parliament’s Committee on the Internal Market and Consumer Protection heard from a petitioner about the problems he encountered when buying property in Cyprus.

Why is the EU withholding information?

MEP Sir Graham Watson has asked the European Union to explain why certain documents concerning a case involving property in Cyprus have not been made available to a person he referred to as ‘X’.

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