Cyprus Property News magazine for overseas buyers & real estate investors

Thursday 1st October 2020

Monthly Archives: May, 2011

Property sales slip to lowest level since January 2009

The number of properties sold in April slipped to their lowest level since January 2009 threatening the fragile recovery in the Cypriot economy.

Fighting a state-sponsored fleecing

Further instances of over zealous charging by Land Registries have been reported in what are believed to be efforts to boost the state's ailing coffers by maximising the amount of transfer tax they collect.

Property sales will continue to fall

When asked the question will the volume property sales increase or decrease this year, more than eighty percent of readers said they will fall.

Most Read

EU vows to take aim at ‘golden visa’ programmes

For years, wealthy Chinese have made investments in Cyprus and Malta in exchange for European Union passports – so-called golden visa transactions. Now, Brussels...

Wealthy Britons turn to Cypriot citizenship

The number of British entrepreneurs looking to "buy" citizenship from countries offering visa-free access to the European Union has risen sharply, investment migration firms...

Mixed outlook for real estate

BNP Paribas has released its second 2020 report regarding the property market outlook post-pandemic, presenting forecasts about real estate in uncertain times. The obvious differentiation...

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