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24th April 2024
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Yearly Archives: 2019

Articles

Land Registry values down while prices rise

Nigel Howarth -
The Cyprus Land Registry has come under attack over its valuation of properties on the island and while its 2018 valuations are lower than those in 2013, property prices continue to rise.
News

Land Registry failings come under scrutiny

Evie Andreou -
Some Land Registry employees believe they represent Saint Peter on earth said Auditor General Odysseas Michaelides at a meeting of the House ethics committee, deciding who will go to Heaven or Hell when it comes to property issues.
Investment

Chinese investors in €30 million property deal

Annie Charalambous -
Chinese investors have secured land amounting to 32,271 sqm. in the Tsiflikoudia area of Limassol to the north of the marina in a €30 million deal with the Bank of Cyprus' Real Estate Management Unit (REMU).
News

Rise in new homes building permits

Nigel Howarth -
Building permits authorised in Cyprus during June 2019 provided for the construction of 812 new homes, compared with 506 in June 2018 according to official figures published by the Cyprus Statistical Service.
News

August property sales fell 10 per cent

Nigel Howarth -
The number of property sales in Cyprus during August fell 10 per cent compared to the corresponding month last year according to the latest figures released by the Department of Lands and Surveys.
News

Developers seek to self-finance projects

Editorial -
Property developers are looking to self-finance construction projects due foreign investors fearing possible difficulties obtaining Title Deeds if developments are mortgaged and banks imposing stricter criteria for granting loans.

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