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Monthly Archives: April, 2014

Investment

You would be mad to buy a holiday home in Cyprus

Philip Beardwood Bsc Est Man FRICS -
You would have to be certifiably insane or just plain awash with money to even begin thinking about buying a holiday home in Cyprus; governments have really done nothing to resolve the Title Deeds disaster.
Articles

NPLs in the land of freebees and populism

Theodore Panayotou -
Non-performing loans (NPLs) have reached €26 billion and continue their upward trend while property prices continue their downward march. Valuable time has been lost unnecessarily.
News

A meaningless exercise in financial futility

Spirit of Odd Job Bob -
While in conversation at their club after a particularly satisfying luncheon, a few long-term banker acquaintances discuss the financial problems in the Cyprus property market as they sip their brandies.
News

Mortgage-to-rent scheme will be selective

Staff Reporter -
Strict criteria will be applied to a mortgage-to-rent scheme currently being investigated as a means to enable those unable to maintain their mortgage repayments to remain in their homes rather than face its repossession.
News

Second largest price fall in EU

Nigel Howarth -
Residential property in Cyprus recorded the second largest price fall in the EU 28 and the biggest price fall in the Eurozone annually according to a Eurostat report published yesterday.
News

Getting your Title Deed issued

Nigel Howarth -
Those waiting for the all-important Title Deed to be issued for the property they purchased can request the Land Registry to issue its deeds, providing a Certificate of Approval for the property has been issued.

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