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All reports tagged with: "property price"

Cyprus Home Price Index up 1.84 percent in July

BuySell Cyprus Real Estate, a real estate advertiser, publishes a monthly ‘Home Price Index’ – the only one of its kind in Cyprus. The company started to produce the index in 2004. It shows the movement of prices at which residential properties in Cyprus are sold and is based on an average of around 400 […]

Cyprus Home Price Index up 1.72 percent in June

The index is published monthly by BuySell Cyprus Real Estate, a real estate advertiser. BuySell started to produce its price index in 2004. It shows the movement of prices at which residential properties in Cyprus are sold and is based on an average of around 400 to 500 home sales/month. When the index started in […]

Property Tax Here to Stay – Sarris

THE government turned down calls to slash property taxes amid findings that a staggering £241 m flowed into state coffers last year, a six-fold increase since 1998. “We say no to a review of our tax system on immovable property“, Finance Minister Michalis Sarris told reporters. Sarris said the 632% tax rise between 1998 and […]

The Cyprus property industry must be brought up to scratch

Tourism may be falling, but its decline is being offset by the health of the property and building sector, which has shown steady increases over recent years, to become one of the pillars of growth in our economy. Figures released this week show that 2007 looked set to become a record year in property transactions, […]

Cyprus plot prices boom

The latest increase in property prices is beyond forecasts. According to the new study of the Cyprus Real Estate Agents Association to be published in the next few days, the increase in plot prices in the domestic market will exceed 20% in 2007. The study, which concerns the first half of 2007, shows a slowdown […]

Nothing in site for villa victims

ON paper it looked like a great deal. A property in the sun for half the market price and all you have to do in return is let the developer rent the place for six months a year for 10 years. When the 10 years is up the house in Cyprus would be yours for […]

Minister acts to stop illegal dealing in Cyprus land

THE GOVERNMENT has been forced to take action against a businessman using insider information to buy vast amounts of land at low prices knowing that his purchases would soon double in value. On Friday, Interior Minister Neoclis Sylikiotis cancelled certain provisions that were announced last May regarding the upgrading of rural land to urban land […]

Cyprus Home Price Index up 1.8 percent in May

The index is published monthly by BuySell Cyprus Real Estate, a real estate advertiser. The company started to produce its price index in 2004. It shows the movement of prices at which residential properties in Cyprus are sold and is based on an average of around 400 to 500 home sales/month. When the index started […]

Cyprus Housing Grants for all

The Cyprus Government has published its 2007 housing grants plan which covers locals, as well as all E.U. members. The plan covers large families (in excess of 3 children) and invalid people with no locational limits. It also refers to grants which are earmarked for certain small village communities all over Cyprus (e.g. for Paphos, […]

Cyprus Home Price Index up 1.08 percent in April

The index is published monthly by BuySell Cyprus Real Estate, a real estate advertiser. The company started to produce its price index in 2004. It shows the movement of prices at which residential property in Cyprus are sold and is based on an average of around 400 to 500 home sales/month.

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