House prices not recovered from 2007 crash
House prices and rents in Cyprus have yet to recover to the levels last seen before the island’s property market bubble burst in 2007 according to the statistical office of the European Union (Eurostat).
News
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Banks to offload €4 billion NPLs
The Bank of Cyprus and the Hellenic Bank will sell non-performing loans (NPLs) worth €4… -
O’Dwyer hopes quest for justice is finally over
British man Conor O'Dwyer hopes his fifteen-year quest for justice over a dodgy property sale… -
Affordable housing incentive scheme fails
The government's affording housing scheme, which offers developers incentives to provide cut-priced homes for low-income…
Articles
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Cyprus: buying property
The UK Foreign & Commonwealth Office has recently updated information for British nationals wanting to… -
Land Registry values down while prices rise
The Cyprus Land Registry has come under attack over its valuation of properties on the… -
Strategic defaulters and sovereign corruption
The government backed Estia scheme enables those who have deliberately defaulted on their housing loans,…
Legal Matters
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Law regulating Airbnb rentals passed
A bill to regulate the rentals of self-catering accommodation by owners through online platforms like… -
Law to evict tenants to parliament
Amendments to the rent control law making it easier for landlords to start the process… -
Court annuls Alpha Bank Cyprus fine
The Administrative Court has annulled a fine of €250,000 imposed on Alpha Bank Cyprus by…
Investor Centre
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Citizenship applicants are high-risk
The Institute of Certified Public Accountants of Cyprus (IPAC) has cautioned its members that "Investment… -
What next for the Cyprus real estate market?
The Cyprus real estate market is changing faster than ever and its predicted that the… -
Cyprus passports really are ‘golden’
A new index shows that Cyprus passports really are 'golden' ranking its power at eight…
More Recent Reports
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Financing high-rises a headache for bankers
The financing of high rises and other major developments in Cyprus that are aimed at foreign buyers interested in acquiring a Cypriot passport are giving the bankers a headache... -
Estia applicants hit 50% of eligible borrowers
Applications for the Estia programme, which aims to assist home owners with non-performing mortgages by providing government support, have been submitted by more than 50 percent of those eligible... -
Swiss Franc loan nullified following ECJ ruling
A legal test case resulted in a Swiss Franc loan being declared null and void by the Warsaw District court on Friday, leaving the banks in Poland open to losses estimated at €10.2 billion...
