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All reports tagged with: "real estate"
Cyprus ministers confirm property tax plan
Following their meeting earlier today, the Cyprus Finance and Interior Ministers have confirmed the government plans for its proposed reappraisal of the Island’s property tax system.
Taxing meeting for Cyprus ministers
The Interior and Finance Ministers of Cyprus are meeting today to discuss the technical issues involved in implementing the recently announced proposals for reassessing the Island’s property tax rates.
Cost of owning a home in Cyprus could rise
The cost of owning a home in Cyprus could increase as a consequence of the package of measures announced yesterday by Interior Minister Charilaos Stavrakis and this may have the effect of further depressing the Island’s already beleaguered overseas property market.
Cyprus property sales to foreign buyers nose-dives
The number of non-Cypriots buying property on the island has gone into freefall. The latest figures released on Friday by the Land Registry indicate that the message issued by the Interior Minister in July has failed to reassure foreign real estate investors.
BuySell Cyprus sues Brit for selling his own house
BuySell Cyprus Real Estate is suing a UK-based Briton for commission on the sale of his three bedroom house in Peyia even though he managed to sell it to a Greek Cypriot through his own efforts.
Gaping hole in government revenues
The collapse of the Cyprus real estate market has resulted in a gaping hole in government revenues.
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.
The end of Cyprus’ remarkable real estate boom
The amazing Cyprus real estate boom is over. The weak pound and the UK economic problems have prompted potential British buyers, who account for 70% of overseas property sales, to look elsewhere according to a report by the influential Global Property Guide.
Cyprus tax receipts continue to fall
Capital Gains Tax receipts in Cyprus, Stamp Duty and Immovable Property Tax continue to fall as a result of the on-going slump in the real estate market.
Qatari investment deal collapses
It seems that the Qatari plans to invest in the development of a €500 million mixed-use real estate project in Nicosia may have collapsed
Real estate needs to go back to basics
In this time of great economic uncertainty and lack of liquidity, many real estate companies are looking for ways to effectively manage risk, streamline operations, and enhance their business relationships
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