Yearly Archives: 2014

News

Attorney-general to probe Aristo land deal

Elias Hazou - August 6, 2014

Having questioned staff at the Land Registry, the water department and the Paphos municipality, CID officers are expected to hand over a report into the Aristo land deal to the Attorney-general.

News

Foreclosures bill in the balance

Nigel Howarth - August 5, 2014

The future of the foreclosures bill, which has to be passed before Cyprus receives the next tranche of the island's bailout, hangs in the balance as ministers continue discussions with political parties.

News

Cyprus property sales faltering?

Nigel Howarth - August 5, 2014

Although property sales in Cyprus increased for the fifth consecutive month in July, the rate of growth seem to be faltering with sales to the overseas market declining compared with the same period last year.

Articles

The recent property boom and bust cycle

George Mountis BSc, MSc, Ph.D - August 4, 2014

The continuous increase in property prices created a false sense of security in Cypriot banks and led to further credit expansion and a real estate "bubble" which burst resulting in a large increase in non-performing loans.

Articles

Let’s have coffee, reminisce and moan

Pavlos Loizou MRICS VRS - August 4, 2014

Cyprus is at the end of a creative destruction cycle and it's time for businesses and individuals to reinvent themselves, looking at the opportunities that lay ahead rather than reminiscing about how things were.

News

Foreclosure bill protects primary residences

Editorial - July 30, 2014

The cabinet has approved amendments to the draft foreclosures bill that protects primary homes from repossession if the owner can prove lack of income or any other asset, thereby safeguarding low-income families.

Yearly Archives: 2014

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