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Monthly Archives: July, 2012

News

Cyprus Property Action Group and the EU

Nigel Howarth -
The Cyprus Property Action Group has released a comprehensive update of the progress it is making with the European Union in its efforts to resolve the problems associated with buying property on the island.
News

Overseas property sales hopes helped by Chinese

Bejay Browne -
The Cyprus overseas property market is reported to be getting a boost from the Far East as interest from Chinese buyers looking to purchase top end luxury properties in Paphos is increasing.
Investment

Nightmare scenarios for sweeping cuts

Nigel Howarth -
Cyprus will need to take painful measures to tackle problems in its banking system and state finances according to local media reports following the conclusion of the troika's second visit to the island.
Articles

The ballooning Cyprus fiasco

Wolf Richter -
Troika inspectors are swarming over Cyprus to find out how much money the banks would need to deal with their putrefying balance sheets, and how much the government would need to stay afloat.
Articles

With our pants down

Pavlos Loizou MRICS VRS -
Turbulence brings change and with that change come opportunities to improve the Cyprus banking system and the Island's economy. But is society ready for the difficult road ahead and is its leadership up to the required standard?
Investment

Bad loans are key to assessing EU bailout

Editorial -
The size of the EU bailout will be determined by the methodology employed by troika to assess bad loans as Cypriot banks do not count fully secured loans as nonperforming even though they have not been serviced in 90 days.

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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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