Cyprus Property News for home buyers and real estate investors

Monday 12th April 2021
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Cyprus seeks to attract long term investors

To further attract foreign investment to the island and help economic recovery, Cyprus announced amendments to Regulation 6 (2) of the Aliens and Immigration...

Buying properties from banks or investment funds

After 2015, many properties passed into bank ownership, mainly through debt-to-asset swaps or foreclosures. Subsequently, some were acquired by credit acquiring companies, and, in the...

Cyprus Real Estate Market Report

Deloitte has just released its Cyprus Real Estate Market Report, which provides an overview and sentiment of the real estate market in Cyprus. The report...

Developers want more from residency scheme

Following the collapse of the Cyprus Citizenship for Investment Scheme, developers of large projects urge the government to make the residency programme "more functional...

New property sales tax payable by the vendor

The House of Representatives on Thursday passed a law levying a 0.4 per cent tax on all sales of immovable property, the proceeds of...

Limni bay golf resort project cancelled

Earlier today, the company Limni Resorts and Golf Courses, part of the Shacolas Group, announced that it does not intend to proceed with the...

Lax oversight let alleged cheats get Cyprus passport

NICOSIA, Cyprus - Authorities in Cyprus should consider stripping citizenship from a dozen individuals over their alleged involvement in acts of theft and fraud,...

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