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Monthly Archives: June, 2019

News

Cyprus property news recovers after attack

Nigel Howarth -
Cyprus Property news has fully recovered following what is thought to be a DOS or a dDDOS attack that flooded the CPN server with traffic, which eventually resulted in it crashing; no data was compromised.
News

Affordable housing scheme starts next month

George Psyllides -
The government's affordable housing scheme for low-income families will kick in next month with Cypriot citizens and other EU nationals residing in Cyprus for the past five years being eligible to apply.
News

Delay vote on foreclosure law changes MPs urged

Staff Reporter -
The Finance Minister and the banking industry have urged MPs to delay voting on changes to foreclosure law at least until we have a picture on whether the Estia debt relief scheme delivers.
News

Estia scheme for vulnerable homeowners approved

George Psyllides -
The cabinet has approved the debt relief scheme (Estia) designed to support and protect vulnerable homeowners; eligible borrowers will apply in September - first payments expected in December.
News

Cyprus amongst worst offenders in corruption report

Editorial -
Cyprus was among countries that have not fully complied with any of the Council of Europe's anti-corruption body's GRECO recommendations according to a GRECO report issued on Tuesday.
News

Possible foreclosures law changes worry banks

George Psyllides -
Banks have expressed concerns over possible changes to the foreclosures law as they fear appeals could be stuck in the island's slow courts for many years negatively impacting their business.

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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.

Owned, funded and operated independently, we provide the latest news and analysis of events shaping the property market and offer opinion and guidance on purchasing real estate. 

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The mission of Cyprus Property News is to provide anyone looking to buy property in Cyprus with up-to-date factual information, without the usual marketing hyperbole and exaggerated claims, to help their buying decisions and to help them avoid making costly mistakes.

Cyprus Property News also has an on-line Cyprus Property Forum where individuals wishing to buy or sell property and those who are facing problems can seek independent advice completely free of charge.

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