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Monthly Archives: January, 2012

News

Land Registry & Town Planning to enter 21st century

Editorial -
Interior Minister Neoclis Sylikiotis has announced plans to introduce new IT systems into Town Planning and Land Registry offices throughout Cyprus to improve services offered to the public.
Investment

Standard & Poor’s downgrades Cyprus to junk status

Nigel Howarth -
Ratings agency Standard & Poor's has cut the credit ratings of Cyprus by two notches to junk status as a result of the problems within the eurozone and the Cypriot financial institutions' significant exposure to Greece.
News

Encouraging signs in domestic property sale figures

Nigel Howarth -
Although the overall picture for property sales in Cyprus last year was extremely disappointing, there are some positive signs in the figures for December, which show that domestic sales increased.
News

Ireland, Cyprus & Bulgaria slump in house prices index

Nigel Howarth -
The recently published Knight Frank Global House Price Index reveals that amongst EU nations Ireland is propping up the house price table while home owners in Cyprus and Spain are also suffering.
Articles

Limassol property market doesn’t depend on Russians

Pavlos Loizou MRICS VRS -
The number of real estate transactions for December 2011 was announced this week. Once again, they fell compared with the same month last year (-7%) and 2011 'ended' with an 18% reduction in transaction volume compared with 2010.
News

Property sales in Cyprus plummet to lowest on record

Nigel Howarth -
The number of properties sold in Cyprus during 2011 fell to their lowest level since records began according to the figures published earlier today by the Department of Land and Surveys.

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