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All reports tagged with: "property sales"
Price cuts fail to attract foreigners to Cyprus
Price cuts of up to 30 percent being offered by some developers are failing to attract foreign property buyers to Cyprus following negative publicity and government inaction.
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.
Foreigners show little interest in property market
Foreign interest in the Cyprus property market is showing no sign of a recovery at the start of the year with sales in January down by more than 28 percent on last year.
Another annus horribilis for Cyprus in 2010
Over the past week, a number of articles have appeared in the Cyprus media that have set alarm bells ringing for what 2010 has in store for the property sector and the Island’s economy.
Property sales to non-Cypriots improve slightly
Compared to previous months, the number of non-Cypriots buying property in November improved slightly. But as December is normally the quietest month for property sales, it seems unlikely that the total number of properties sold to foreigners will exceed 1,900 this year.
Sales to non-Cypriots down 75 per cent
Cyprus saw a 75% drop in the number of properties bought by non-Cypriots from the number sold during the same period last year, according to reports published on Tuesday.
Foreign demand shows no signs of recovery
Although the number of properties being sold in Cyprus has staged a marginal recovery, external demand from non-Cypriot buyers continues to fall.
Lord Jones speaks out on Title Deed saga
In an exclusive interview with the Sunday Mail, British peer Lord Jones of Cheltenham tells of how the powerlessness of those caught in the title deed trap prompted him to act in the House of Lords.
Cyprus property sales stage slight recovery
Figures published by the Land Registry report that the number of properties sold during June fell by 45.7%, taking the first six months decline to 58.3% compared to last year.
HM Government replies to Lord Jones
“Those contemplating buying property in Cyprus must proceed with caution and seek qualified legal advice from a source that is independent from anyone else involved in the transaction.”
Prices in Cyprus down & worse to come
Prices and demand for property have been falling across Cyprus since autumn 2008; Limassol is the only town where prices are still moving upwards.
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