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19th March 2024
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Greens hit out at local property developer

The Greens have hit out at a "scandal brewing in Paphos", with roots in the past, concerning land earmarked for green areas, which the developer wants to sell to the Bank of Cyprus to clear debts.

Cyprus Property worth millions under the hammer

Many millions of Euros worth of Cyprus property in all the districts comprising houses, apartments, commercial properties and plots of land and fields land are set to go under the hammer in June.

Lower VAT on land bought for primary residence

Purchasers of undeveloped land to build an owner-occupied primary dwelling may soon be able to obtain a partial VAT refund if a bill currently being prepared by government is approved.

Hammer time for foreclosures

Around 3,000 foreclosures have been pending at Land registries and thirty auctioneers are polishing their hammers to begin auctioning commercial buildings, holiday homes, and land owned by large debtors.

Aristo fraud suspects quizzed by police

One of the suspects in the Aristo fraud case has admitted forging a Land Registry document but claimed that he was under instructions by his superiors and that this was standard practice.

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