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20th April 2024
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Yearly Archives: 2012

News

Communal charge dodgers could end up in jail

Nigel Howarth -
Owners of properties in communal developments could soon find themselves in jail if they fail to pay their rightful share towards the insurance, maintenance and upkeep of the common areas.
News

All-party MP group to help property buyers

Nigel Howarth -
MPs meeting in London last week with a group of property buyers from the North East of England who are facing legal action by a Cyprus bank have agreed to join an all-party group in efforts to help them.
News

Town Planning Amnesty further extension agreed

Nigel Howarth -
A majority of Cypriot MPs have voted in favour of further extending period during which ‘Statements of Intent’ may be submitted under the provisions of the Town Planning Amnesty until the 30th April 2013.
Articles

Tax hike may trigger land sales

Nigel Howarth -
The government's proposed changes to immovable property taxation may encourage property developers to sell their land banks rather than sitting on them, according to a lead consultant.
News

Luxury property sales weathering the storm

Nigel Howarth -
New research indicates that the high-end luxury market for property in Cyprus is weathering the storm with sales in Limassol doing particularly well compared to other parts of the island.
News

Property tax set to increase

Nigel Howarth -
Property taxes in Cyprus are set to rise following the submission of a bill to parliament earlier today by the government designed to raise an additional €29 million/annum in state revenues.

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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.

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