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Monthly Archives: March, 2014

Investment

Cyprus fifteenth in Top of the Props

Nigel Howarth -
Cyprus slipped four places in last month's Top of the Props chart published by the TheMoveChannel.com which records the most searched for overseas destinations to buy property.
News

Property valuations could cause storm of appeals

Angelos Anastasiou -
The Cyprus Association of Valuers has warned that significant discrepancies between property valuations carried out by the Land Registry, commercial banks and private appraisers could result in legal tangles.
News

Property prices keep falling

Nigel Howarth -
The fourth quarter of 2013 saw the fall in residential property values continue in many areas of Cyprus with prices of houses and apartments falling by an average of 1.6% and 0.5% respectively over the quarter.
News

Sales offer glimmer of hope for property market

Nigel Howarth -
Although property sales in Cyprus remain at historically low levels, latest figures from the Department of Lands and Surveys offer a glimmer of hope that the rate of decline may be slowing.
Legal Matters

Famagusta Developers found guilty in fraud case

Nigel Howarth -
Kypros Kyprianou and his company Famagusta Developers have been found guilty of double selling a property located near the Paralimni lake following an eight months court case.
News

Property valuations rigged

Staff Reporter -
MPs have accused the Banks and the Land Registry of rigging property valuations for their own benefit, while expert appraisers have pointed out that property valuers and the banks use different methodologies.

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