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23rd April 2024
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Government needs to take urgent action

The Cyprus government has been urged to take “decisive steps to eliminate delays related to the issuing of title deeds,” to focus hard on reviving the island’s overseas property sector, and to avoid increasing local property taxes.
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Qatar deal still in the balance

The deal signed by the Cyprus government and Qatari Diar Real Estate Investment Company to build a luxury hotel, commercial, residential and leisure complex in Nicosia is still in the balance.
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Cyprus government set to increase property tax

The government of Cyprus is expecting to collect an additional €10 million to €20 million in taxes from property owners in a bill designed to increase state revenues to combat the recession.
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Ministers to examine property tax in Cyprus

The Cyprus Interior and Finance Ministers are to examine different scenarios for revising property taxes designed to increase the inflow of revenue into state coffers.
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Cyprus government extends water saving subsidies

The Cyprus government's Water Development Department (WDD) has announced the continuation of various subsidy schemes in its drive to promote water saving which have now been extended until 6th December 2010.
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Ban the sale of mortgaged property

An overwhelming percentage of our readers who voted in a recent on-line poll want the Cyprus government to ban the sale of mortgaged property.
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Cyprus hotel and tourist associations oppose taxes

The Association of Cyprus Tourist Enterprises, STEK, and the Cyprus Hotel Association, PASYXE, are the latest groups to announce their opposition to the governments’ proposals on property tax.
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Cyprus ministers confirm property tax plan

Following their meeting earlier today, the Cyprus Finance and Interior Ministers have confirmed the government plans for its proposed reappraisal of the Island's property tax system.

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