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3rd December 2024
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Latest News & Updates

House prices and rents went up in Q2 2024

Eurostat reports that in the second quarter of 2024, house prices in the EU increased by 1.9% and rents...
Legal Matters

Cyprus must assess projects impacting Natura 2000 sites

Last Wednesday, the European Commission decided to send a reasoned opinion to Cyprus (INFR(2019)2303) for failing to properly assess...
Legal Matters

Reduced VAT on new homes gets thumbs up from Europe

The European Commission has given the nod to the levying of the reduced 5 per cent VAT on first...
Non-Performing Loans

EC Report for Cyprus analyses the economic situation

The Cyprus Post-Programme Surveillance Report for Autumn 2023, which has been prepared by the European Commission's Directorate-General for Economic...
Legal Matters

Mortgage to rent scheme approaching completion

The government will soon roll out its ‘Mortgage to Rent’ scheme after getting the green light from the European...
Legal Matters

Law on first homes reduced VAT passed

By nearly a unanimous vote, and under the watchful eye of Brussels, parliament on Thursday passed a law allowing...
Legal Matters

Stakes raised in 5% VAT rules fiasco

The European Commission has decided to send a reasoned opinion to Cyprus for its failure to properly apply EU...
Legal Matters

EU rejects proposed VAT cut

The European Commission disagreed with parliament’s compromise proposal over reduced VAT on homes, deputies at the House finance committee...

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Established in 2004, Cyprus Property News is the Island’s leading on-line resource for overseas home buyers and property investors.

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