News
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Cyprus real estate stricken by pandemic
Pundits believe that the Cyprus real estate market will suffer a significant downturn as a… -
Ayia Napa Marina starting operations soon
Ayia Napa marina is in the final phase of construction and is gearing up for… -
Conor O’Dwyer loses Supreme Court appeal
British man Conor O'Dwyer who has fought a 15-year battle with the Cyprus justice system…
Articles
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Cyprus: buying property
The UK Foreign & Commonwealth Office has recently updated information for British nationals wanting to… -
Land Registry values down while prices rise
The Cyprus Land Registry has come under attack over its valuation of properties on the… -
Strategic defaulters and sovereign corruption
The government backed Estia scheme enables those who have deliberately defaulted on their housing loans,…
Legal Matters
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Law regulating self-catering rentals enacted
The law regulating Airbnb and other self-catering accommodation rentals in Cyprus has been enacted requiring… -
New rent law contains grey areas
Although the rent law has been changed so that tenants now have to prove they've… -
Stripping citizenship of 26 investors problematic
The process of stripping citizenship from 26 foreigners who obtained Cypriot passports is proving difficult…
Investor Centre
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Cyprus housing market set to slowdown
The housing market in Cyprus is set to slowdown in the medium term following a… -
Citizenship applicants are high-risk
The Institute of Certified Public Accountants of Cyprus (IPAC) has cautioned its members that "Investment… -
What next for the Cyprus real estate market?
The Cyprus real estate market is changing faster than ever and its predicted that the…
More Recent Reports
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Saudi ‘should not have been granted’ citizenship
The citizenship application of a Saudi businessman whose jet was used by President Nicos Anastasiades should have been rejected as it failed to meet the criteria according to an Auditor General’s report... -
A 16-storey tower in Germasogeia
A 71.7 metre tall, 16-storey tower called 'Mandarin Park' comprising a mixed development of commercial and residential properties is to be built in the Germasogia area of Limassol. .. -
The long road to justice
Conor O'Dwyer speaks to the Sunday Mail about his 15-year battle with the Cyprus justice system, since he and his wife bought a property from Christoforos Karayiannas and Son Ltd... -
Banks to offload €4 billion NPLs
The Bank of Cyprus and the Hellenic Bank will sell non-performing loans (NPLs) worth €4 billion by the end of February enabling them to dispose of more than 10% of their problematic loans... -
O’Dwyer hopes quest for justice is finally over
British man Conor O'Dwyer hopes his fifteen-year quest for justice over a dodgy property sale will come to an end on Friday when the Supreme Court in Nicosia hears his appeal... -
Law regulating Airbnb rentals passed
A bill to regulate the rentals of self-catering accommodation by owners through online platforms like Airbnb and booking .com was passed by MPs earlier today, covering both new and existing accommodation... -
Law to evict tenants to parliament
Amendments to the rent control law making it easier for landlords to start the process of evicting tenants who fail to pay their rent will be presented at a plenary session of parliament on Friday... -
Affordable housing incentive scheme fails
The government's affording housing scheme, which offers developers incentives to provide cut-priced homes for low-income groups, has failed to attract developers wishing to participate in the programme... -
Financing high-rises a headache for bankers
The financing of high rises and other major developments in Cyprus that are aimed at foreign buyers interested in acquiring a Cypriot passport are giving the bankers a headache... -
Estia applicants hit 50% of eligible borrowers
Applications for the Estia programme, which aims to assist home owners with non-performing mortgages by providing government support, have been submitted by more than 50 percent of those eligible... -
Rise in property sales attributed to local & EU buyers
The 12 percent year-on-year increase in the number of property sales in Cyprus during 2019 was attributable to Cypriots and EU citizens, while the number of sales to non-EU citizens remained stable...