Cyprus Property News magazine for overseas buyers & real estate investors

Thursday 9th July 2020
Home News Two million visitors and counting

Two million visitors and counting

TWO MILLION visitors have now visited Cyprus Property News since the site was re-vamped a couple of years ago; that’s more than double the Island’s population.

The landmark number was reached around 10:30 this morning, Cyprus time.

Over the years we have reported on the rise and fall of the Island’s property market and published property-related articles and items of news that we hope you find interesting and informative.

In recent times, much of the news has been very negative. The continuing Title Deed fiasco, high prices, problems with the economy, record levels of unemployment, lack of liquidity and the general uncertainly about what the future holds have resulted in a dramatic downturn in sales.

Although the government introduced yet another amnesty planning last year, replaced the old Specific Performance law in efforts to improve investor confidence, reduced Property Transfer Fees – the local equivalent of the UK’s Stamp Duty Land Tax (SDLT) – sales remain at numbers last seen a decade ago, before the property boom.

Clearly the Cyprus government has to do much more to restore investor confidence and encourage the property market. Title Deeds must be available for transfer on delivery of a property like most other civilised countries.

Proper enforcement of the law is another critical issue. Illegal construction works have to be stopped. This would remove the need for any planning amnesties, which in any case do not appear to be very effective.

But to close on a lighter note and to celebrate our two millionth visitor, the video below is a 1964 comedy film lasting 40 minutes. It shows a brick-by-brick account of the building of a young couple’s dream home from the day they sign the contract to the day, several years and children later, when they finally move in.

The story is a wordless comedy of errors as incompetent builders struggle to complete their house.

Any similarity to person or persons living or dead is purely coincidental. But I am sure that many will see something in the film reminding you of your experiences when buying a new home in Cyprus.

10 COMMENTS

  1. Well done. I hope that Moore`s law applies here and we see the readership doubling soon.

    Freedom of expression can change a world.

  2. Dear Nigel,

    Many congratulations on this extremely significant achievement and for the tireless work you do for others, including CPAG. You fully deserve all the praise you are being given.

  3. Hello Nigel

    Yes indeed many congratulations for your Two Million Visitors does that make me the 2,000,001 visitor. That film sure hits the spot, perhaps that is where all the Cyprus Developers got their expertise from watching that film, Ha Ha ,

    Regards Maxwell

  4. Nigel,

    Very many congratulations in reaching this historic milestone…….look forward to many more years to come; let’s all hope there is much more positive news for all that await what is rightfully theirs.

    Mick

  5. Dear Sir.

    Many thanks for all your work and advice, regarding the realities of the Cyprus Property Scene. R.B.

  6. Nigel, you are a tireless publisher of the true situation in the Cyprus property market and related issues.

    You must have saved thousands of potential victims of the numerous scams from losing out, by freely giving of your time and your advice.

    You have our heartfelt thanks.

    Jon.

  7. Nigel, you have been our saviour on many occasions, from myself and and I am sure many others many thanks.

    Bob D

  8. Well done to Nigel Howarth and his team.

    Here’s to their continued success and thank you for just being there.

Comments are closed.

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