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Archive for August, 2015

Aphrodite Hills sold

The Bank of Cyprus has finalised the sale of its share in the Aphrodite Hills Limited at Kouklia, in which it acquired a 75 per cent shareholding in 2014 as part of its management of large exposures.

Immovable Property Tax 1980 values

The Cyprus government has decided that 2015’s Immovable Property Tax will be calculated on 1980 values and that the charges levied by municipalities and communities will remain the same as last year.

Lawyers complicit in Title Deeds scandal

As the Cyprus Property Action Group discovered much of the blame for the Title Deed scandal rests with conveyancing lawyers whose duplicity earned them their designation as one of the largest criminal classes in Cyprus.

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