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Monthly Archives: June, 2019

Articles

Residential property values based on rents today

Angelos Georgiou FRICS FCIArb -
In quite general terms, the use of the rental capitalization method for the valuation of an income producing property is based on the rental value of the property capitalised by the appropriate rate (cap rate) based on the yield.
News

The long fight for a building permit

Louis Kontozis -
A frustrated citizen reports on his long fight with bureaucracy to get a building permit; he's whose been pushed from pillar to post, ignored, blamed for the delay and threatened if he went to the media.
News

Property auction process may get harder for banks

Annie Charalambous -
Opposition parties trying to introduce legislation designed to slow down the property auction process by introducing twelve points, but have yet to get the required majority for it to pass.
Investment

Cypriot passport investment applications falling

yan -
New applications for Cypriot passports under the island's 'citizenship-by-investment scheme' (aka passport-for-cash scheme) are falling, possibly as a result of the stricter rules introduced in May.
Legal Matters

Trapped buyers law changes discussed

Annie Charalambous -
A bill aimed at improving the 2015 trapped buyers law, which was successfully contested by the banks as being unconstitutional in the lower courts is being discussed by the House Legal Affairs Committee.
Legal Matters

Discussions completed on Airbnb bill

Elias Hazou -
MPs have completed their discussions on the bill aimed at regulating Airbnb-style short-term property lettings and hope it will go before the plenum of the house before the summer recess.

Top Stories

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