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Archive for June, 2015

Crocodiles back on the menu

A crocodile park is back on the menu of possible tourist attractions in Cyprus despite earlier protests from residents of Psematismenos and Tochni where the park will probably be located.

Troika tightens screws on Cyprus property

The troika of Cyprus international lenders will not release the seventh tranche of the bailout loan until Cyprus property buyers who have paid in full have their title deeds transferred within 6 months.

Cyprus property title deeds backlog

The unacceptable delays in issuing property Title Deeds by the Cypriot authorities is in the spotlight once again with MEP Vicky Ford requesting an update on progress from the European Commission.

Cyprus home construction up again

Strong growth in the Cyprus construction sector was recorded for the second consecutive month in March with the number building permits authorised for new homes increasing compared to last year.

Primary residence protection scheme

The Cyprus Land Development Organisation is to manage a scheme aimed at protecting the primary residence or the business premises of small debtors from repossession by the banks.

Decline in Cyprus property prices continues

Although property prices in Cyprus continued to decline in all districts during the first quarter of 2015, there are indications that residential property prices in Paphos, Larnaca and Famagusta may be stabilising.

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