Cyprus Property News magazine for overseas buyers & real estate investors

Monday, June 1, 2020

Monthly Archives: March, 2009

Property businesses expect increased domestic demand

Those in the property business anticipate that improvements in market conditions may lead to an increase in domestic demand.

Will Cyprus face the wrath of the EU Parliament?

The Cyprus government could face the wrath of the European Parliament if it fails to protect the rights of those who have bought property on the island.

Has the Cyprus government misled us?

The truth was revealed at a Title Deed seminar organised by the Cyprus Property Action Group (CPAG) at the Elysium Hotel in Paphos last Thursday.

Cyprus title misdeeds

Property developers in Cyprus are strong-arming the government to do their bidding by holding up the spectre of economic collapse.

Cyprus offering too little too late for Ryanair

"The urgency being shown by competing countries doesn't seem to be shared by Cyprus. We could have been flying tourists in before the crisis broke."

Cyprus popularity declines with British holiday home buyers

Cyprus' popularity amongst overseas property investors from Britain is in decline according to reports from the overseas property portal PropertyIndex.com

Property tax revenues crash

The Cyprus Government coffers are in dire trouble as a result of the crash in property sales which has caused Capital Gains Tax receipts to plummet by more than 83%.

Cyprus marina developments stalled by bureaucracy

Although more than 20 years have passed since initial studies into the five big marina projects in Cyprus were undertaken, work on their construction has yet to begin.

Costs of owning an apartment in Cyprus

Did you know that if you buy an apartment in Cyprus you must contribute to the costs of insuring, maintaining, repairing and managing the jointly-owned parts of the building?

Cyprus to relax rules for Iranians buying property

According to a report in today's Financial Mirror, Iranians buying property in Cyprus in excess of EUR 350,000 will be eligible to obtain residency status.

Review of global property trends in 2008

The collapse of the world's housing markets in 2008 can be seen from three points of view, and unfortunately, all of them reinforce the bad news.

Cyprus property disputes to be funded by UK investors

Buyers are all too often being mis-sold properties in Cyprus by developers or their agents at UK property fairs or "property seminars", with Cypriot lawyers sometimes being part of the problem

Plans for Cyprus tennis academy

An effort will be made to create an international tennis academy in Cyprus in line with the standards of other similar schools abroad.

Sales of Cyprus property plummet

Developers and real estate agents are bracing themselves for one of their worst years in history following the news that Cyprus property sales are continuing to plummet

Cyprus title deed seminar

A Title Deed seminar is being organised by CPAG where courses of action that buyers may take to secure full legal ownership of their property will be discussed.

Dolphin hits out at cancellation rumours

Dolphin has denied reports saying that some of its developments in Greece & Cyprus could be put on hold until the economic downturn ends.

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.