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19th August 2022
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Title Deeds & the financial crisis

The solution to the Gordian Knot is simple, no property transaction without a Title Deed should be legal – and a state that respected the rights of its citizens would not have waited for a solution to be imposed by the Troika.

Cyprus: Dealing with a crisis

Hit by a severe crisis, Cyprus received financial assistance from the international community in May 2013. One year after, this IMF video explains the origin of the crisis and the subsequent evolution of the country's economy.

Construction crisis deepens

The crisis in the island's construction industry is worsening according to the figures published earlier today by the Cyprus Statistical Service, which show a continuing decline in building permits.

Property sales collapse as crisis deepens

Property sales in Cyprus plummeted in March as the financial crisis deepened as a consequence of the decisions taken by the Eurogroup to impose savage bailout conditions on the island.

Luxury real estate market resists crisis

The Cyprus Residential Development Prime market report 2012 by international property consultancy firm Frank Knight says that demand for the very top-end of the real estate market has remained strong.

Crisis deepens as Cyprus property sales continue to tumble

The crisis in the Cyprus real estate industry continues to deepen with sales of property falling for the twelfth consecutive month and sales so far this year lower than those of 2008; the year the market crashed.

Fears for property crisis heighten

Exceptionally low numbers of properties are being sold in Cyprus compared to previous years heightening fears of a much longer crisis in the Island’s property industry than earlier anticipated.

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