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July property sales up 22 per cent

The number of property sales in Cyprus during July rose 22 per cent compared to the numbers sold in July 2014 according to official statistics from the Department of Lands and Surveys.

Property sales increase (Updated)

The number of properties sold in Cyprus during June increased compared with the same month last year according to official statistics published by the Department of Lands & Surveys.

Property sales continue upward trend

Property sales in Cyprus during April recorded an increase of 23 per cent over the number sold in April 2014 according to the latest official statistics from the Department of Lands & Surveys.

New home construction increases

The number of new homes being built in Cyprus improved in January, the Cyprus Statistical Service reported yesterday, with the number of permits authorised for new homes increasing compared to January 2014.

February property sales up five per cent

The number property sales during February rose compared to the number sold during February 2014 according to official statistics published earlier today by the Department of Lands and Surveys.

Overseas property sales falter

Although the number of properties sold in Cyprus in December 2014 improved over the number sold in December 2013, sales to the overseas property market declined for the second consecutive month.

Non-performing loans at €29 billion

Non-performing loans (NPLs) in the Cypriot banking system continued their upward trend in July reaching €28.88 billion; 47.17 per cent of the total amount of loans according to the island’s Central Bank.

August property sales up 26 per cent

Latest property sale statistics published by the Department of Lands and Surveys report a 26 per cent increase in Cyprus property sales during August 2014 compared to August last year.

Expatriates could pay more tax

Expatriates who rent out their houses in Britain supplement their income abroad could find themselves paying more tax on their rental income under proposals prepared by George Osborne.

Domestic and overseas property sales increase

Sales of property in Cyprus to the domestic and overseas market both improved in June according to the latest statistics from the Department of Lands and Surveys with the number of contracts deposited increasing.

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