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20th April 2024
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Yearly Archives: 2011

News

Foreign currency mortgages turn sour

David Budworth -
Buyers advised to take out home loans in Swiss francs to buy property in Cyprus are struggling to repay and face repossession and ruin as exchange rate movements send their mortgage repayments soaring.
News

Crisis deepens as Cyprus property sales continue to tumble

Nigel Howarth -
The crisis in the Cyprus real estate industry continues to deepen with sales of property falling for the twelfth consecutive month and sales so far this year lower than those of 2008; the year the market crashed.
News

Building permits fell in April as construction slowed

David Crowther -
Latest figures from the Statistical Service confirm that Cyprus' construction industry is continuing to struggle with the number of building permits issued in April falling 16.2 percent compared with April last year.
News

Developers association calls for tax review

Alan Lawton -
The Cyprus Land & Building Developers Association has proposed as series of measures, including a tax review, that it believes will help stimulate the Island's beleaguered property industry.
News

Cyprus Title Deed campaign gathers pace

Patrick Dewhurst -
An estimated 50,000 Cypriot property owners moved closer to getting their Title Deeds this week, after MEPs, British leaders and the European Commission rallied to pressure Cypriot authorities to enforce EU law.
Legal Matters

EU funded scheme to make property purchasing safer

Editorial -
A pilot scheme that promises to end the problems experienced by expatriates when buying property in other European Union countries has been highly praised by EU parliament vice president Diana Wallace MEP.

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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. 

Our mission

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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