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18th April 2024
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Yearly Archives: 2011

News

Residential property construction in meltdown

David Crowther -
Cyprus Statistical Services figures published earlier today reveal that the number of residential properties for which building permits have been issued has dropped by more than 4,000 compared to last year.
News

Banks not pressuring developers to service their loans

Nigel Howarth -
The fall in residential property prices that we reported on Thursday could have been even worse if the banks had pressed developers to service their loans by reducing new property prices still further to encourage sales.
News

Construction deal with Qatar on track

Editorial -
The deal between the Cyprus government and the Qatari Diar Real Estate Investment Company to build a luxury hotel, apartments, shops, offices and a leisure complex in Nicosia is on track.
News

Central Bank of Cyprus reports housing price falls

Alan Lawton -
Residential housing prices in Cyprus have dropped for the sixth consecutive quarter according to the latest 'Residential Property Price Indices' report produced by the Real Estate Unit of the Island's Central Bank.
Articles

The Cypriot real estate market will recover when…

Nigel Howarth -
Many reasons have been given for the decline in sales of property in Cyprus in recent times. In our latest 'Have your Say' poll we are asking our readers what needs to be done to set the beleaguered real estate market on the road to recover.
Investment

Cypriot economy faces substantial risks

Nigel Howarth -
The International Monetary Fund has warned Cyprus that it must take swift action to shore up its economy, saying it faces strong head winds and substantial downside risks that are likely to persist.

Top Stories

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Established in 2004, Cyprus Property News is the Island’s leading on-line resource for overseas home buyers and property investors.

Owned, funded and operated independently, we provide the latest news and analysis of events shaping the property market and offer opinion and guidance on purchasing real estate. 

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The mission of Cyprus Property News is to provide anyone looking to buy property in Cyprus with up-to-date factual information, without the usual marketing hyperbole and exaggerated claims, to help their buying decisions and to help them avoid making costly mistakes.

Cyprus Property News also has an on-line Cyprus Property Forum where individuals wishing to buy or sell property and those who are facing problems can seek independent advice completely free of charge.

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