Latest Headlines

Reports written by Stefanos Evripidou

Building industry warns of action over new VAT law

The island’s Employers and Industrialists Federation has called for the immediate abolition of the new VAT law, warning that failure to do so will lead to the construction industry taking “dynamic measures”

Central bank reports property price falls intensifying

The fall in the prices of houses and apartments across Cyprus intensified during the final quarter of last year according the latest statistics published by the Central Bank on Monday.

Comments on property issues provoke sharp reaction

Observations made UK Minster for Europe David Lidington about the Title Deed ‘problems’ in the north and south of the Island provoked a sharp reaction from the Cyprus government.

Cabinet approves Qatar real estate deal

Cabinet has approved the multimillion Euro deal with Qatar to develop prime real estate in the capital, opening the way for the joint venture to be realised.

Cyprus Bar to advise lawyers after landmark ruling

Following a landmark ruling by the Supreme Court of Cyprus which found a Cypriot lawyer professionally negligent, the Cyprus Bar Association has determined to advise its members accordingly.

Eleven year pursuit of justice takes heavy toll

Following the landmark ruling by the by the Cyprus Supreme Court, Muriel Beaumont gives her account of the couple’s long road to justice in the Cyprus Mail.

Landmark ruling by the Supreme Court

In a landmark ruling, the three-judge panel of the Supreme Court of Cyprus has found a Cypriot lawyer to be professionally negligent and liable to compensate a British couple for money they lost as a result.

Cyprus lawyers refuse cases if suing other lawyers

The problem with lawyers in Cyprus refusing to sue their colleagues in the legal profession is a particular issue for property buyers who have fallen into the trap of using a lawyer recommended or introduced to them by a property developer.

Larnaca marina project will boost construction sector

One of the largest infrastructure projects ever undertaken in Cyprus, the marina project involves the construction of a port, 1,000-berth marina, hotels and houses and is expected to inject up to one billion Euros into the Cypriot construction industry.

Proposals to untie the Gordian knot

Proposed changes to Cyprus’ antiquated property laws may help existing buyers obtain Title Deeds to properties that have been built illegally But they contain nothing to help those who have been duped into buying mortgaged property and those whose Title Deeds are being held to ransom by unscrupulous property developers.

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