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23rd April 2024
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Monthly Archives: July, 2009

Sea caves destroyed by developer

Developers in Cyprus are causing irreparable damage to the natural environment and seem intent on destroying the very reasons people come to live on the island in their endless quest for money.

O’Dwyer assault case drags on into sixth month

Cyprus Interior Minister Neoclis Sylikiotis suggests that property buyers should take developers to court if they believe they are acting illegally. As the case involving the alleged assault on Conor O’Dwyer clearly demonstrates, the Cyprus justice system is unfit for purpose!

Cyprus government in incestuous relationships

In Cyprus, developers can truly be regarded as a 'protected species', one that the Cyprus government is prepared to protect to the last; not least because of the incestuous financial relationships they together enjoy.

State plans to fix title deeds mess flawed

The problem is that the Cyprus Government is too closely involved with the greedy banks and grubby developers and only foreign intervention will sort the matter out.

Expats in Cyprus, tax advantages and domicile

Expats have been misled into believing that if buy a property in Cyprus and retire to the island, they will not be liable for UK Inheritance Tax.

Property prices and gross rental yields

Cyprus property investors should expect to pay in the region of €2,004/sq.m for a 120sq.m apartment in Paphos and expect to receive a gross rental yield of 2.83% according to the latest figures published by the Global Property Guide.

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