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All reports tagged with: "Cyprus"

Solution for trapped buyers edging closer?

Amendments to the law designed to resolve the Title Deed mess by enabling trapped buyers who were duped into buying homes on land their developer had earlier mortgaged to the bank to obtain their Title Deeds are edging closer to a vote my MPs.

Cyprus real estate investment: prospects & risks

The figures, trends and the state of the Cyprus real estate market over the last few years are a clear indication that Cyprus is becoming more and more interesting for property investors.

EU reports Cyprus house prices up 3.5 per cent

House prices in Cyprus rose 3.5 per cent in the fourth quarter of 2018 and by 1.6 per cent year-on-year according to Eurostat, the statistical office of the European Union, in its latest news release.

New homes in Cyprus up 15 per cent

The number of new homes in Cyprus for which building permits were issued rose by 15.1 per cent in January 2019 compared to January 2018 according to the Cyprus Statistical Service.

Is the Cyprus property market softening? (Update)

There was a marginal fall in the number of Cyprus property sales during March compared to March 2018 according to official figures published by the Department of Lands and Surveys.

Energy saving measures grant scheme

There are opportunities for those living in Cyprus to the reduce their energy costs through a new energy saving scheme that encourages the use of renewable energy sources and energy saving in households.

December 2018 building permits

Building permits for the construction of 504 new homes in Cyprus were authorised during December 2018; an increase of 55.1 per cent compared with December 2017 according to official figures.

Money to help Land Registry clear backlog

€3.6 million has been requested by the Interior Ministry to help clear the backlog of cases at the Land Registries involving Title Deeds, boundary disputes, etc. and to pay associated expenses.

Alarm bells over house prices

The Central Bank of Cyprus has sounded alarm bells over rising house prices, particularly in Limassol, due to the Invest Citizenship scheme and has highlighted the need for vigilance.

Sharp rise in property sales in February

February saw a sharp rise in property sales compared to the numbers sold in the corresponding month last year according to official figures published by the Department of Lands and Surveys.

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