Cyprus' leading on-line resource for home buyers & real estate investors -

19th April 2024
Cyprus Property News logo
Home2012

Yearly Archives: 2012

News

Signs of recovery in overseas sales

Nigel Howarth -
Efforts to promote Cyprus into new markets seem to be paying dividends as the number of properties bought by non-Cypriots jumped in November although some have complained of paying grossly inflated prices.
Articles

Only sick minds could have thought up property tax

Loucas Charalambous -
Although the troika proposed that property taxes should raise €20 million/annum, the government drafted a bill that would raise ten times that figure according to some calculations.
News

Decline in property sales slows

Nigel Howarth -
Although the number of properties being sold in Cyprus continues to fall, sales in Paphos and Larnaca increased in November and the overall rate of decline is the lowest in recent months.
News

Nonperforming loans at €23 billion

Alan Lawton -
Confidential information from the Central Bank released by StockWatch today puts the level of non-performing loans of the domestic banks at €23 billion requiring several billions more to recapitalise them.
News

Calls to change property tax provisions

George Psyllides -
MPs have urged the government to look again at the bill to increase Immovable Property Tax following warnings that the tax hike will drive the island's economy deeper into recession.
Articles

Cyprus bailout terms call for title deed delay reduction

Nigel Howarth -
Will a reduction in the backlog of Title Deeds to less than 2,000 of cases pending for more than one year, as required by Cyprus' bailout terms, resolve the Title Deed problem once and for all?

Top Stories

About us

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.

Information pages

© Copyright - Cyprus Property News 2004 - 2024