Cyprus Property News magazine for overseas buyers & real estate investors

Thursday 16th July 2020

Bejay Browne

Offers to abandoned Tala development buyers

People who bought property on a development in Tala that is sliding down the hillside are to be offered alternative homes in Paphos of equal value and with Title Deeds by Tremetoushiotis developers.

Rich foreigners being fleeced over local taxes

The practice of councils fleecing foreigners continues despite a conclusion by the ombudswoman in her 2011 report that there was a prima facie issue of a possible indirect (covert) discrimination against them on the grounds of nationality/citizenship.

Brits continue to set up home here

It appears that an increasing numbers of Brits are deciding to live in Cyprus but they are being sensible and very cautious about buying and choosing to rent property on a three to six month basis.

Paphos family unable to leave stricken home

Despite being ordered to leave their home on the troubled development at Armou that is slipping down a hillside, a family of four remains as they have no viable alternative at the present time.

Developers warned over Chinese market

Many Chinese people who have bought properties in Cyprus have felt cheated and complained according to Huali Che, president of the Chinese friendship association in Cyprus.

Armou family still living in limbo

A family of four living at a stricken development in Cyprus that is slipping down Armou in Paphos remain in limbo, unsure of their future, after their homes were declared unfit for habitation in November last year.

Families ordered to leave unsafe homes

Families living on the stricken development at Armou, whose homes are continuing to slip down the hillside, have been advised that their properties are unfit for habitation and have been instructed to leave.

Armou homes on verge of collapse

A development of six houses at Armou in Paphos that were built on a hillside in 2004 are now in a critical condition as they are likely to collapse completely if it rains heavily this winter.

Overseas property sales hopes helped by Chinese

The Cyprus overseas property market is reported to be getting a boost from the Far East as interest from Chinese buyers looking to purchase top end luxury properties in Paphos is increasing.

Armou resident warns visitors enter at your own risk

As homes on a stricken development in Armou continue to slip and gaping holes appear, one resident has put a warning sign on his gate post warning visitors to enter at their own risk.

Timeshare touts are back in Paphos

Despite the police have made some efforts to clear the streets of touts plus endless meetings with government departments, timeshare touts in Paphos are continuing to hassle tourists.

Armou family told it is not safe to stay in their home

As their home continues to slip down the hillside, a family living in one of the houses on an estate at Armou in Paphos have been told to leave within seven days as it has become unsafe to live there.

Homes at Armou in Paphos continue to slip

The recently built estate of six houses in Armou in Paphos are continuing to slip down the hillside and two of the access roads leading to the development have now become impassable.

Paphos homes in danger of collapse after heavy rain

Although their houses are only a few years old, residents living on an estate at Armou in Paphos have been warned to leave their homes as they are in real danger of collapse if heavy rain continues.

EU to investigate community tax discrimination claims

British expatriates who are outraged at paying higher taxes than their Cypriot friends and neighbours living in their Community at Kouklia, a village some 10 miles south of Paphos, are taking their case of alleged discrimination to Europe.

No end to the hell in Paradise Hills

Life in Cyprus continues to be hell for buyers of properties on the Paradise Hills estate near Paphos who fear their homes may be demolished or auctioned to repay the bank that financed the developers who have gone bust.

Owners kept in the dark over the future of their homes

Ongoing problems with their Cyprus homes have resulted in one buyer receiving medical treatment for depression and stress and there are fears that a number of homes may be demolished.

Paradise Hills buyers face uncertain future

Residents of the unfinished Paradise Hills estate built by MDB properties in the Paphos village of Marathounda may lose their homes as the Bank of Cyprus has rejected a rescue plan.

Police in move to get touts out of Paphos

In an attempt to clear Paphos of timeshare touts and others who accost and worry tourists, the police have set up telephone hotlines where the public can report nuisances anonymously.

St George coastal works under scrutiny

The Green Party and Peyia councillor Linda Leblanc are concerned that the pristine St. George coast north of Paphos is being destroyed by development.

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