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19th April 2024
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Yearly Archives: 2016

News

Nicosia protest against foreclosures

Elias Hazou -
A protest outside the presidential palace in Nicosia against foreclosures of primary residences and business premises passed without incident on Thursday with the demonstrators dispersing by around 6pm.
Investment

First casino resort for Cyprus

Nigel Howarth -
The race to build and operate the first casino resort in Cyprus is now down to one candidate in a group led by Melco International Development Ltd following the decision of NagaCorp Ltd to pull out of the bidding process.
News

Troika: reforms must accelerate

Nigel Howarth -
Following the troika's recent mission to the island, the ECB and EC have urged Cyprus to accelerate the reform programme in a number of key areas including setting up a sustainable and efficient title deeds transfer system.
News

Property sales up 44 per cent

Nigel Howarth -
The number of properties sold in Cyprus during September rose by 44 per cent compared to September 2015 according to the latest official figures published by the Department of Lands and Surveys.
News

Gary Robb ordered to pay £1.6m tax

Nigel Howarth -
Convicted fraudster Gary Robb who was forced to repay more than £1m to victims of a property scam has now been ordered to pay £1.6m in tax on his illicit earnings from drug dealing.
News

Cyprus economy recovery fragile

Cyprus News Agency -
Although the Cyprus economy is recovering it is still fragile and it needs to implement key reforms in order to unlock its potential, including the enforcement of property rights, European Commissioner Pierre Moscovici has said..

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Established in 2004, Cyprus Property News is the Island’s leading on-line resource for overseas home buyers and property investors.

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