Cyprus Property News magazine for overseas buyers & real estate investors

Monday, June 1, 2020

Monthly Archives: November, 2006

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...

Buy to Let

Cyprus is becoming attractive with increasing number investors, whose prime consideration is to buy a property, in order to let it as an investment. The...

Estate Agents’ Commission

By Antonis Loizou & Associates Limited – Chartered Surveyors & Property Consultants IN CYPRUS, the Estate Agents' law regulates the profession and sets out the...

Property Prices Slip for Second Month in a Row

Central Bank influence being felt? Property prices slipped for the second month in a row in October according to the BuySell Home Price index, dropping...

Meeting the Mukhtar of Pissouri

Harsh rains in recent days have had a devastating effect on some homes in Pissouri, causing a public quarrel about responsibilities. We speak to...

Purchasing Land for Building

Sir, I am prompted to write after reading Mr Loizou’s recent article about purchasing in Cyprus. Whilst it is always recommended that prior to the purchase...

Accidents and Deaths ‘Waiting to Happen’ – Who’s to Blame?

THIS week's recriminations involving the state, local authorities and building contractors over who is to blame for the death of a couple whose car...

Paying the Price for Rampant Development

DEPUTIES yesterday blamed over development for the catastrophic consequences of recent thunderstorms in Paphos, which killed two people and wrecked buildings and crops. “Nature may...

When a Place in the Sun Becomes a Place in the Mud

OVER the past month of torrential rain, one could be forgiven for thinking the west coast of Cyprus is literally sliding away under the...

A Disaster Waiting to Happen

“IF SOMETHING isn’t done soon then we could be looking at another Aberfan.” These were the words of Pat Ellis, a concerned resident of...

We Cannot Mess with the Environment with Impunity

THE TORRENTIAL rain that has hit the Paphos district several times over the past few weeks has caused a host of problems ranging from...

Paphos Tragedy: Who’s to Blame?

RECRIMINATIONS flew yesterday over Monday’s mudslide in the Paphos area, which killed one woman, with her husband still missing. Politicians blamed rampant development and disregard...

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.