Cyprus Property News magazine for overseas buyers & real estate investors

Tuesday 11th August 2020

Monthly Archives: December, 2007

Cyprus national economic accounts 2007 – provisional estimates

The Cyprus Statistical Service has released its report “National Economic Accounts 2007 (Provisional Estimates)”. A summary of the report follows; the full version is...

Cyprus prepares for the Euro

The 1st January 2008 is a historic date for the Republic of Cyprus. On that date, the Cypriot currency will change from the Cyprus...

State of the Cyprus economy in 2008

A recent poll by the CFA/Financial Mirror predicts lower growth and higher inflation in 2008. The Cyprus GDP growth rate is expected to decline below...

Cyprus construction sector slow down

THE RAPID GROWTH of the construction sector has reached the utmost limit and is expected to slow down. According to Eurostat’s data, the growth...

Cyprus property price index up 2.51 percent in November

BuySell Cyprus Real Estate, a real estate advertiser, publishes a monthly 'Home Price Index' - the only one of its kind in Cyprus. The company...

Cyprus title deed scams

Here are some of the Cyprus property 'scams' linked to the Title Deed problems reported by Andrew Winter on Channel 4 TV.

Down the slippery slope

Given Cyprus’ long experience of landslides and having to move whole villages to new locations, you would think that the law would prohibit the construction of property on unstable land. Unfortunately, this is not the case!

Cyprus property deals hit CYP 1.7 billion

Easy credit by banks is also widely blamed for fuelling an unprecedented buying spree, with many engaging in speculative activity, which the Central Bank of Cyprus is now attempting to stop.

Famagusta leads the Cyprus property market

FAMAGUSTA (Ammochostos) in eastern Cyprus is the leader in terms of real estate growth according to our analysis of the latest figures on building...

Avoiding the bad apples

You cannot expect the same checks and searches to be carried out in Cyprus when buying property as you would have done in the UK.

As safe as houses?

A PROMOTIONAL brochure from a major Cyprus property developer promises potential buyers 'unique life-long experiences, the building of strong relationships with the human being,...

Man wanted after 80,000 goes missing

A PAPHOS estate agent is wanted by the police after being accused of stealing an 80,000 deposit from a British couple before disappearing. Paphos CID...

Most Read

Small rise in construction of new homes

The Cyprus construction sector staged a slight recovery May falling by just 0.1% compared to May 2019 according to official figures released by the...

Property sales to foreigners continue to fall

The number of Cyprus property sales to foreigners continued to fall in July with numbers down to 36 per cent on the numbers sold in July 2019 according to the Department of Lands and Surveys.

Property sales in Cyprus improving

The number of property sales in Cyprus is improving following the government's decision to introduce an interest rate subsidy for new housing loans granted from 1st March 2020 until 31st December 2020.

Tender awarded for Larnaca port and marina

The tender to develop the Larnaca port and marina has been awarded to Eldeman Holding BV and Alexandrou Corporate Services, comprised of Israeli and Cypriot interests.

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