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Monthly Archives: November, 2019

News

Cyprus real estate market review

Nigel Howarth -
The PwC Cyprus Real Estate Market review for the 1st half of 2019 reveals that a quarter of all property transactions took place in April, just before stricter criteria were introduced for those applying for citizenship.
News

Estia scheme falling flat on its face

Xinhua -
The Cyprus non-performing loans scheme, Estia, is probably falling flat on its face; applicants need to complete 30 pages with their family income and property details and include 40 to 50 other documents.
Legal Matters

Radical justice reforms on the way

Editorial -
The government is determined to introduce radical reforms to the justice system to do away with lengthy delays and restore confidence among quality investors turned-off by the legal labyrinth.
Marinas

Paphos marina may have cruise ship facilities

Nigel Howarth -
The cabinet has given the green light for a study that will look into the possibility of building facilities for cruise ships as part of a proposed Paphos marina at Kissonerga Potima Bay to the north of the town.
News

Smaller rise in new home building permits

Nigel Howarth -
Building permits authorised in Cyprus during August 2019 provided for the construction of 525 new homes, compared with 453 in August 2018 according to official figures published by the Cyprus Statistical Service.
News

Overseas property sales fall

Nigel Howarth -
There was an overall reduction in Cyprus property sales to overseas buyers in October, with sales to EU citizens falling by 9 per cent, while sales to non-EU citizens fell by 25 per cent.

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