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24th April 2024
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Monthly Archives: July, 2009

Cyprus slips to seventh place

The popularity of Cyprus amongst those searching for overseas property slipped two places last month moving it behind Turkey and Italy in the list of the top 10 overseas property searches on the PropertyAbroad.com website.

Cyprus bank loans, deposits and liquidity

Over the past year, Cyprus banks granted loans valued at more than more than three times the amount they received in deposits according to figures released by the Central Bank of Cyprus.

Cyprus sale achieves €8.8 million

Brave property investors exchanged shares valued at €8.8 million for Cyprus holiday homes. Although somewhat less than the sales target of €50 million, Dolphin MD declared the shares-for-property swap programme a success.

Cyprus developer rejects accusations

The Cyprus property developer Aristo has rejected accusations that it is one of the offenders involved in the Immovable Property Tax scam.

Foreign demand shows no signs of recovery

Although the number of properties being sold in Cyprus has staged a marginal recovery, external demand from non-Cypriot buyers continues to fall.

Lord Jones speaks out on Title Deed saga

In an exclusive interview with the Sunday Mail, British peer Lord Jones of Cheltenham tells of how the powerlessness of those caught in the title deed trap prompted him to act in the House of Lords.

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