Cyprus Property News magazine for overseas buyers & real estate investors

Thursday 6th August 2020

Monthly Archives: November, 2011

Nine hundred and forty six new property owners

District Land Offices throughout Cyprus have transferred nearly ten thousand properties to their new owners this year, according to figures released earlier today by the Department of Lands and Surveys.

Cyprus government abolishes property transfer fees

In a measure to designed stimulate growth in the Island's property sector by reducing the cost of home ownership, Cypriot MPs unanimously agreed to abolish or reduce Property Transfer Fees at a meeting of the House of Representatives earlier today.

The Greek haircut and the Cyprus real estate market

With the share price of one of the banks in Cyprus having fallen to a 12 year low, the repercussions of the 50 percent haircut on Greek bonds and now the possibility of Greece defaulting are devastating - and the Cypriot real estate sector is part of the problem.

Most Read

Property sales in Cyprus improving

The number of property sales in Cyprus is improving following the government's decision to introduce an interest rate subsidy for new housing loans granted from 1st March 2020 until 31st December 2020.

Tender awarded for Larnaca port and marina

The tender to develop the Larnaca port and marina has been awarded to Eldeman Holding BV and Alexandrou Corporate Services, comprised of Israeli and Cypriot interests.

you're currently offline