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Archive for 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.

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