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BuySell Cyprus replies to report

Last month we reprinted an article from the Cyprus Sunday Mail on a dispute between Supertrust Estate Agents Ltd (BuySell Cyprus) and Mr Mike Skierka, the British owner of a house in Peyia.

British police probe Cyprus villas scam

British police are investigating an Internet scam in which Britons paid morairaway.com and sister websites for non-existent Cyprus holiday villas after adverts appeared on villa rental sites Holiday-Rentals and Holidaylettings.co.uk

Title Deed problems tarnishing Cyprus says minister

At the recent real estate conference the Cyprus Interior Minister, Neoclis Sylikiotis, said the failure to process 130,000 title deeds snared in the system was tarnishing Cyprus’ reputation among foreign investors.

Golf course at Ayia Napa

The construction of a golf course at Ayia Napa on the east coast of Cyprus will be good for tourism and boost the area especially during the winter months, when the island offers good weather compared to northern European countries.

Cypriot developers must address issues to compete internationally

To compete in the international property market, Cypriot developers must address issues such as escrow deposits, Title Deeds, planning and bank guarantees.

Larnaca marina project will boost construction sector

One of the largest infrastructure projects ever undertaken in Cyprus, the marina project involves the construction of a port, 1,000-berth marina, hotels and houses and is expected to inject up to one billion Euros into the Cypriot construction industry.

Cyprus divides industry on Title Deed proposals

The Cypriot government’s proposals for tackling the ongoing Title Deeds issue have split the property industry.

Communal service charges

Is it correct that communal service charges are based on the on the size of the building/flat excluding gardens, open verandas etc?

Common expenses & insurance in Cyprus

Those buying apartments in Cyprus and some other types of property often fail to appreciate that they are required to contribute towards the costs of insuring, maintaining and repairing those parts of the building/complex that they share with others.

Minister boldly goes where no-one has gone before

Given the poor state of Cyprus’ public finances, the current government is putting much effort into resolving the Title Deed scandal. Whether it will succeed in resolving a problem that’s been around for 30 years or more remains to be seen.

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