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Property Sales

Falling Cyprus property sales

ACCORDING to reports in the Phileleftheros and Cyprus Mail newspapers, Capital Gains Tax receipts resulting from the sale of property in Cyprus during the first quarter of 2008 have dropped by more than 5 million Euro. The reports states that receipts in the first quarter of 2008 fell to €90.86 million compared with €96 million […]

Record year for Cyprus property transactions

During the first three months of this year property sales valued at £560 million have been made and it looks as if 2007 could set a record for the number of properties transacted on the island.

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