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Archive for 2019

Help for some Pissouri landslide victims

The Cyprus Government has promised to provide some financial assistance to a number of Pissouri landslide victims, which is currently affecting about one million square metres southwest of the village centre.

Call for action over sky-high rents

As rents in Cyprus reach new heights with every passing month, pressure is building on the government to take affirmative action to ensure affordable accommodation for working families.

Trapped buyers bill almost completed

A debate on an amended trapped buyers bill designed to overcome the shortfalls in the existing law is set to begin on Wednesday 12 June with the expectation that legislation will be enacted before the summer recess.

Cyprus property sales surge in May

The number of Cyprus property sales surged in May 2019 reaching the highest number recorded since July 2008 according the official figures released by the Department of Lands and Surveys.

Cyprus Property worth millions under the hammer

Many millions of Euros worth of Cyprus property in all the districts comprising houses, apartments, commercial properties and plots of land and fields land are set to go under the hammer in June.

Avoid mass selling of mortgaged properties

The Central Bank of Cyprus has warned the commercial banks to avoid the mass selling of mortgaged properties as it could lead to a sudden drop in real estate prices reports the Xinhua News Agency.

Daily Mail meets Pissouri landslide victims

Victims of the landslide in Pissouri that continues to destroy their homes and lives met with a reporter from the UK’s Daily Mail newspaper yesterday to recount their stories and tour the devasted area.

Cyprus building & construction driven by passports

Although the years of austerity in the Cyprus building and construction sectors appear to be over, pundits believe that they remain heavily dependent on the passport for investment scheme.

Armou landslide victims sue Cyprus government

A British couple whose dream home at Armou in Cyprus is collapsing due to the landslide is suing the Cypriot government for allowing the development to be built on unstable ground.

Protest at Olympia property exhibition

Protesters seeking to stop Britons from buying property in Cyprus was held outside the Olympia exhibition centre in London where ‘A Place in the Sun Live’ overseas property exhibition is being held.

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