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Archive for April, 2011

Title Deed problems resolved by new bills?

According to Interior Minister Neoclis Sylikiotis the four bills recently approved by parliament will resolve the Island’s long-standing Title Deed problem.

Do we want the Iranians or don’t we?

The government may be having second thoughts about its policy of enabling Iranian citizens buying property on the island costing more than €350,000 to be eligible to obtain residency status.

The Cyprus Property Action Group returns

Earlier today, the Cyprus Property Action group launched a new website containing information, advice, and guidance for existing and would-be purchasers of property on the Island.

MEP designates Cyprus a “No Buy Zone”

A Scottish MEP is warning people not to buy property on the Mediterranean island where many of his constituents are being badly stung after not receiving Title Deeds for the properties they have bought.

Interest in Mediterranean property picks up

Potential overseas property buyers in the UK are showing more interest in southern Mediterranean countries with a rise in Internet searches for Ibiza, Sardinia, Portugal, Cyprus and Greece.

New law boost for Cyprus property buyers

Today’s Cyprus Weekly carried a report on the new law passed by parliament earlier this month concerning buyers trapped by developers’ mortgages.

Buying property in Cyprus information & advice

The British High Commission in Nicosia has updated the information and advice it provides to UK citizens who are planning to purchase property in Cyprus.

Tala homes slipping down hillside

Cyprus has a long experience of landslides and houses damaged by landslips can be seen in Pissouri, Kinousa and Polemi. Fourteen homes in Tala seem to be the latest victims.

Title Deed fight heads to European court

The Cyprus Property Action Group (CPAG) believes that the holding back of Title Deeds contravenes the European Union Directive on unfair commercial practices.

Cyprus housing market stumbles

Compared to other European member states, the housing market in Cyprus performed poorly in 2010, with price falls over the year averaging more than nine percent.

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