Cyprus Property News magazine for overseas buyers & real estate investors

Thursday 16th July 2020

Yearly Archives: 2008

Police raid BuySell Larnaca offices

POLICE have raided the BuySell offices in Larnaca. The company, which is the largest advertiser of property in Cyprus, is scheduled to appear in...

MRI Overseas Property withdraws from NAEA

MRI Overseas Property, which has its Cyprus offices in Paphos & Larnaca, issued the following press release issued on 21 August: Leading Real Estate Company...

New swimming pool laws bring relief

The Cyprus government is looking into changing the laws concerning swimming pools will bring relief to many people who have bought property in Cyprus. Under current legislation, communal swimming pools in private developments are treated as public swimming pools.

Brit loitering with intent aims to shame Cyprus into action

BRITISH home buyer Conor O'Dwyer marked his 39th birthday yesterday far away from his wife and children as he continued his indefinite protest outside...

Construction continues to weaken

ACCORDING to figures just released by the Cyprus Statistical Service, CYSTAT, output in the property construction sector continues to weaken with the number of...

Free Title Deeds

THOSE buying property in Cyprus often encounter delays and problems when trying to obtain their all important Title Deeds. In one case I know...

Cyprus developers ‘strangled by red tape’

PAPHOS property developers are pleading with the government to cut through the tangle of red tape that they say is suffocating their business, causing...

Larnaca marina coming soon

According to the Cyprus' Press and Information office, the construction of the Larnaca marina and port will be undertaken by the Zenon Consortium. The development...

Property scam reported in UK stockbroker belt

Yesterday, Conor O’Dwyer’s plan to “sleep rough for justice” outside the Cypriot High Commission in St James’ Square London made front page news in...

Prices fall marginally in second quarter 2008

Property prices in Cyprus, hold on to their levels during the second quarter of the year, despite worsening global and local economic conditions....

Sleeping rough for justice

TWICE physically assaulted and hospitalised for 6 days at the hands of Cypriot property developers Christoforos Karayiannas & Son Ltd a British property buyer,...

Bank tightens credit risk rules

Later this month, it is anticipated that the Central Bank of Cyprus will issue ‘guidelines' requiring the commercial banks to better manage credit risk....

Parador Properties goes into voluntary administration

Parador Properties, which had a number of overseas operations, including Cyprus, has gone into voluntary administration. The company was once considered to be one of...

Top 8 questions to ask estate agents

There is a huge oversupply of new property in Cyprus at the present time. Compared to last year, the number of new villas, apartments...

Property insulation scam

THE Cyprus Green Party General Secretary, George Perdikis, yesterday claimed properties were being sold under the pretext of being insulated, when they in fact...

Property construction continues slowdown

ACCORDING to figures just released by the Cyprus Statistical Service, CYSTAT, output in the property construction sector continues to slowdown. The number of building...

Top 41 water saving tips from Paphos

Cyprus is suffering a water shortage crisis with many towns and villages being cut off for a number of days each week. In belated efforts...

Do we need bills of quantities?

My wife and I are having a new house built at Psematismenos. We bought a plot of land several years ago and are using...

Most Read

COVID-19 hits new homes in Cyprus

Permits for the construction of new homes in Cyprus fell by more than a half during April; the second month during which the COVID-19 containment measures continued to apply.

Cyprus’ largest ever housing project will help low-income families

Limassol municipality and the Land Development Corporation (KOAG) reached an official agreement on Thursday regarding the establishment of the largest housing project ever undertaken in Cyprus, worth €100 million.

Corrupt lawyers continue to plunder estates

Corrupt lawyersin Cyprus continue to plunder the estates of their deceased clients by calculating their fees for administering estates on the Cyprus Bar Association's 'Minimum Fee Regulations', which were abolished in 2018

Cyprus house price index up 2.5 per cent

The Cyprus house price index rose by an average of 2.5 per cent in the first quarter of 2020 compared to the previous quarter according to official figures from the Cyprus Statistical Service (CYSTAT)