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20th April 2024
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Monthly Archives: March, 2009

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.

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.

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