Planning issues the victim has to pay
The amendments to the Trapped Buyers law approved by parliament will hopefully help many more property buyers get their Title Deeds, but planning issues require urgent attention.
News
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Foreclosure changes may have consequences
The Finance Minister has warned that Cyprus may face consequences over changes to the foreclosure… -
MPs freeze foreclosures despite warnings
Despite MPs being warned that changing the foreclosures legislation would have negative repercussions on the… -
New trapped buyers bill vote tomorrow
A revised 'trapped buyers' bill designed to overcome the problems of the current law, which…
Articles
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Non-EU citizens residence permits
In 2017, Cyprus granted residence permits to 18,971 non-EU citizens, according to figures published by… -
Cyprus property construction costs
The Cyprus Statistical Service (CySTAT) has just published a report detailing the construction costs of… -
Residential property values based on rents today
In quite general terms, the use of the rental capitalization method for the valuation of…
Legal Matters
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EDEK wants to freeze all repossessions
Political party 'Movement of Social Democracy' (EDEK) is planning to table proposals to freeze all… -
Trapped buyers law changes discussed
A bill aimed at improving the 2015 trapped buyers law, which was successfully contested by… -
Discussions completed on Airbnb bill
MPs have completed their discussions on the bill aimed at regulating Airbnb-style short-term property lettings…
Investor Centre
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Chinese investors still wooed by Cyprus passports
The South China Morning post reports that Chinese investors are seeking Cyprus passports despite the… -
Cypriot passport investment applications falling
New applications for Cypriot passports under the island's 'citizenship-by-investment scheme' (aka passport-for-cash scheme) are falling,… -
Cyprus real estate market review 2018
In its annual Cyprus real estate market review, PwC reports that the transaction value of…
More Recent Reports
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Paphos marina to have cruise ship facilities?
A proposal to look at the possibility of including cruise ship facilities as part of the proposed Paphos marina at Kissonerga Potima Bay was given a positive reception at a meeting earlier today... -
Larnaca new high-rise tower projects
In Larnaca, some 20 – 30 high-rise residential developments and hotels ranging from 10 to 30 stories are in the pipeline with construction expected to begin over the coming years... -
Cyprus NPL ratio second highest in EU
The Cyprus banks have the second highest Non-Performing Loan (NPL) ratio in the European Union after Greece, according to the European Banking Authority (EBA) 'Risk Dashboard'...
