Cyprus Property News magazine for overseas buyers & real estate investors

Sunday, May 31, 2020

Yearly Archives: 2006

Cyprus Building Permits Reach 14% of GDP

The value of building permits authorised in Cyprus rose by 8.3% year on year in January to October, to reach CYP 1.18 bln, or...

Construction Cost up 3.9%

According to the Cyprus Statistical Service (CYSTAT) data released on Friday, the Building Material Price Index in November 2006 recorded an increase of 3.9%...

Beach Properties – Care of What you Own

We are writing this article because there is a big confusion regarding what property owners of beach properties actually own. The seaside plots may...

Structural and Routine Defects

It is normal when someone acquires new property that he gets a guarantee for defects for a period of 12 months after delivery. Although not...

Holiday Home Buyers Return to France and Spain

British holiday home buyers are returning to the traditional locations of France and Spain when looking for property, according to a new survey. The two...

Warnings for Overseas Property Investors

Investors looking to buy a property abroad are being warned to ignore the hype and look out for dodgy paperwork by overseas property experts. Property...

Cyprus Property Prices Fall for Third Successive Month

The Cyprus property price index is published monthly by BuySell Cyprus Real Estate, a real estate advertiser. The company started to produce its property price...

Strong Pound and Booming House Prices Help Brits Move Abroad

More than 198,000 British nationals moved overseas last year, bringing the total number of Brits abroad to more than 5.5 million, according to new...

Greek Cypriot Property + Turkish Held Areas

The change in the Cyprus Government law on people buying property in the Turkish held areas (T.H.A.) is very important and it is worth...

A Reader’s Disgust

ONE of our readers, Kate Jones, wrote to us saying how disgusted she was on reading the facts of life about the incompetence of...

Property Nightmare

Last November, whilst on holiday in Cyprus, my husband and I decided to look for property with the view of moving to Cyprus. We...

Buying Property in Cyprus – the Specific Performance Law

(If you want to hear my discussion on the subject with Rosie Charalambous on CyBC Radio 2 you can listen to my podcast.) When buying...

Enforce the Law or Take the Blame

A PARLIAMENTARY committee heard this week it was “pure luck” that more people hadn’t been killed in the devastating storms that struck the Paphos...

Uncontrolled Development

Sir,Further to your recent article where Mr Foukaras correctly sights Tala and Emba’s uncontrolled property development as the cause of the recent tragedy: In July...

No Title Deeds–Security

It is a fact that new property take a long time to secure a title deed and this creates serious problems regarding ownership, finance,...

House Prices Drop by 0.9%

HOUSE PRICES dropped by 0.9 per cent in the period September-October. The average home on the island now costs £91,625. The BuySell Home Price Index...

Pure Luck More People Weren’t Killed by Storms

A HOUSE committee yesterday heard it was “pure luck” that there weren’t more victims in last months flash floods in which two people died. The...

Construction Costs up by 5.15% in Jan-Oct 2006

According to the latest data from the Statistical Service, construction materials prices in the period January-October 2006 rose by 5.15% over the corresponding period...

Stuck Waiting for Title Deeds?

Action can be taken through the courts to ensure receipt in a reasonable time to get there hands on long-awaited title deeds, home buyers...

The Rights & Responsibilities of a Cypriot Estate Agent

From the numerous letters that we have received (28) and are keep coming, it appears that, especially foreign people, have problems with the commissions...

Most Read

Property sales collapse hits all markets

The historic collapse of 80 per cent in property sales in April hit the local and overseas market segments according to statistics from the Department of Lands & Surveys.

Historic collapse of property sales

Property sales in Cyprus have collapsed as a result of the coronavirus pandemic to a level only seen once before when the events of March 2013 made Cyprus a household name around the world.

Building permits maintaining strong growth

The number of building permits authorised in Cyprus during February 2020 provided for the construction of 680 new homes; an increase of 18 per cent compared to February 2019 according to official figures.

Cyprus passport programme under fire again

The Cyprus citizenship by investment programme, which enables well-heeled foreigners to obtain an EU passport for investments of at least €2 million, has come under fire again from the European Union.