Cyprus Property News magazine for overseas buyers & real estate investors

Monday, June 1, 2020

Monthly Archives: January, 2009

Government resolved to speed up golf course construction

EAGER to boost a weakened construction sector, the Cyprus government is trying to speed up the process of issuing licences for golf courses and...

Cyprus property and construction statistics for 2007

THE CYPRUS Statistical Service (CYSTAT) has published the annual report "Construction and Housing Statistics, 2007" containing detailed information relating to the property sector including...

British pensioners in Cyprus feel the squeeze

THE GLOBAL economic downturn and the collapse of the British pound are having an enormous impact on the retired population of Brits in Paphos. David...

Cyprus lawyer at centre of protest replies

FOTOS PITTADJIS, the lawyer at the centre of yesterday's peaceful protest in Paphos, has given his side of the story concerning allegations made against...

Cyprus protesters take to the streets

Earlier today a group of around 100 Cypriots and expatriates mounted a peaceful protest outside the new Paphos offices of the law firm Fotos Pittadjis.

Revised property investment ratings for Cyprus

EARLIER today the influential Global Property Guide published reassessed Country investment ratings for 73 locations around the world. Their investment tables show gross rental...

Credit crunch drives ex-pats home

PENSIONERS who moved to a dream life in Cyprus say they are being left financially crippled by the pound's slide against the Euro and...

Paphos building contractors sound alarm bells

Building contractors in Paphos sounded the alarm for increased unemployment in the construction sector due to lower activity. In his statements to StockWatch, Chairman...

Cyprus (Larnaca) feature in British Airways magazine

THE December 2008 issue of the British Airways magazine 'Business Life' featured an article about property in Cyprus. Written by Alexander Garrett, 'Larnaca at...

MacAnthony appeals rejected by NFOPP

The National Federation of Property Professionals (NFOPP) has rejected appeals made on behalf of Darragh MacAnthony by Dominic Pickering, the new CEO of MRI...

Further property questions asked in UK House of Lords

THE BRITISH House of Lords is seeking further clarification from the UK Government on how it intends to ensure that the Cyprus Government resolves...

Cyprus property prices fall in fourth quarter

HOUSE prices in Cyprus withstood overall the global property market recession, recording a slight increase during 2008. However, prices were much less dynamic in...

Paphos marina on hold

A LEGAL battle has erupted over the tendering process for the new Paphos marina at Potima Bay area of Kissonerga that may result in...

Bizarre twist as entire O’Dwyer court ordered out

COURT proceedings on the first day of the high profile Conor O'Dwyer assault case were adjourned yesterday after defence lawyers expressed concerns that the...

Cyprus property sales on ominous downward trend

THE number of contracts deposited at the Land Registry gives a good indication of how many new properties are being sold in Cyprus. In...

Cyprus golfing villas progress

THOUSANDS of villas could be built in Cyprus over the next few years if the licensing of 14 golf courses gets the go ahead...

Brits buying property in Cyprus get new government advice

THERE ARE RISKS involved with purchasing property on the island of Cyprus. Many British nationals who buy property face problems due to misleading advertising, or because they do not have title deeds, or they have purchased off plan and the property has not been completed, or their property or neighbouring properties have been constructed illegally or taxes have been charged incorrectly.

Britain keeping watch on Cyprus title deeds fiasco

BRITAIN will take a close interest in measures taken by the Cyprus government to sort out the problems of property buyers left without their...

Dodgy Cyprus property deals made Hatton millions

DEREK Hatton has been called every name under the sun. Spiv, wideboy, scally and chancer were just a few hurled at the firebrand Trotskyist...

British property buyers come one step closer

Over recent months thousands of buyers caught in the Title Deed trap have been signing petitions, and writing to their MPs and MEPs in efforts to get the British Government and the EU to intercede with the Cyprus government on their behalf.

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.