Monthly Archives: October, 2013

News

Rich foreigners being fleeced over local taxes

Bejay Browne - October 21, 2013

The practice of councils fleecing foreigners continues despite a conclusion by the ombudswoman in her 2011 report that there was a prima facie issue of a possible indirect (covert) discrimination against them on the grounds of nationality/citizenship.

Letters

No transparency in Land Registry system

Editorial - October 18, 2013

The lack of transparency in the way the Land Registry assesses 1980 values of properties and the secrecy surrounding information held in the public register of titles gives cause for concern.

News

New law enshrines rent reductions

Editorial - October 18, 2013

Despite opposition to any rent control legislation and warnings that it would create new distortions in the market, the government passed a law last evening aimed at reducing rents.

News

Money off your Immovable Property Tax bill (updated)

Nigel Howarth - October 18, 2013

Update – 18 October. At yesterday’s Plenary session of Parliament, the majority of Cypriot MPs agreed to extend the 10 per cent discount period to those who pay their IPT by 5th November 2013.

News

Building permits fall 15 per cent in July

David Crowther - October 17, 2013

Construction activity continued to decline in July with the number of building permits authorized by the municipal authorities and district administration offices falling compared with the same period last year.

Investment

Cyprus slips in Top of the Props chart

Nigel Howarth - October 13, 2013

Cyprus slipped two places last month in the Top of the Props chart published by the TheMoveChannel.com which records the most searched for overseas destinations to buy property.

Monthly Archives: October, 2013

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