Cyprus Property News for home buyers and real estate investors

Tuesday 1st December 2020

Jacqueline Agathocleous

Chinese investors eyeing Malta

Delays by the Island's government in completing a proposal for the Chinese company Far Eastern Phoenix (FEP) to redevelop the old Larnaca airport could result in Cyprus missing out on the investment altogether.

VAT law protest by building industry workers

Following a warning in May that the construction industry would take "dynamic measures", workers staged a demonstration outside parliament last Thursday over the new VAT laws that threaten their survival.

No respite as property slump continues in 2012

Property and rent prices have continued to drop in the first quarter of 2012, making it harder for the Cyprus market to exit the slump, a spokesman for RICS Cyprus said on Wednesday.

Transfer of development rights to be aided by new bill

Proposals designed to assist those whose properties are located in environmentally protected areas or that have been affected by public works involve transferring their development rights to another property.

Striking construction workers threaten further action

The Valentine's Day strike by workers in the Cyprus construction industry went ahead as planned with the strikers threatening to visit construction sites today to ensure there are no subcontractors working.

Club hits back at world’s tallest statue project critics

Plans to build the world's tallest statue at Pentakomo/Monagrouli on Cyprus' southern coast have come in for so much criticism in the local media that the local representative of the Russian Institute has hit back at its critics.

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