HomeTagsArticles

Tag: articles

Latest News & Updates

Discrimination against non-Cypriot estate agents

The European Commission considers the conditions that non-Cypriots EU citizens must fulfil to be included in the registry of real estate agents in Cyprus discriminates against them and do not conform with EU law
Latest News & Updates

Housing loans collateral shortfall

Using publically available data from the Central Bank of Cyprus, Pavlos Loizou MRICS considers the size of the shortfall between the value of housing loans granted by the banks and the market value of their underlying collateral.
Latest News & Updates

Be honest and get on with it

What can Cyprus learn from Ireland's bailout experience? "To get on with it, to be resolute and to be honest about the scale of the crisis" according to the Irish Minister of State for European Affairs.
Latest News & Updates

Russian overseas property buyers

The results of a survey conducted by the Tranio.Ru Internet Centre of Overseas Property portal provides an insight into Russian overseas property buyers, where and what they are looking to purchase.
Latest News & Updates

The ballooning Cyprus fiasco

Troika inspectors are swarming over Cyprus to find out how much money the banks would need to deal with their putrefying balance sheets, and how much the government would need to stay afloat.
Latest News & Updates

With our pants down

Turbulence brings change and with that change come opportunities to improve the Cyprus banking system and the Island's economy. But is society ready for the difficult road ahead and is its leadership up to the required standard?
Latest News & Updates

British High Commission advises extreme caution

The British High Commission advises that the process of buying property in Cyprus has many potential pitfalls and strongly recommends that purchasers seek their own independent legal advice.
Latest News & Updates

Cyprus has a growing housing stock overhang

If you are wondering why the Island's real estate market has been doing so badly lately, the recently released data on dwellings from the October 2011 census provide a good clue.
Latest News & Updates

Papal infallibility in Cypriot companies

Years of meteoric growth in the economy when everything you touched turned to gold lead many Cypriot companies to believe they were infallible and ignore issues such as downside risks.
Latest News & Updates

Gotcha, Gotchiani!

Good news! One of our occasional contributors, Dr Alan Waring, is finally getting the Title Deeds to the property that he and his wife purchased in Oroklini - a mere eight years after they took delivery.
Latest News & Updates

Energy Performance Certificates

Residential properties, both new and existing, are required by law to be certified – a fact that seems to have slipped under the radar for more than two years; Xenios Sofianos explains.
Latest News & Updates

The world has turned upside down

The country makes its living from tourism and financial services but, with banking being six to eight times the country's GDP, there are systemic risks given the size of domestically owned banks and their exposure to Greece.
Latest News & Updates

With value gone out the window, liquidity is the key

Although the Central Bank's Property Price Index shows a fall in residential property prices of 8.3 percent over the past two years, anecdotal evidence suggests that the decrease is at least double this figure.
Latest News & Updates

Now the storm has broken

Even now with irrefutable evidence that property prices are falling at a quickening pace across the island, one senses a sanguine mood that something will soon interrupt the decline.
Latest News & Updates

Banks should offload distressed properties

The banks need to offload billions of Euros of property left on their books by bankrupt developers and offer 100 percent mortgages spread over 40 years, similar to those being offered in Spain.
Latest News & Updates

Property transactions examined under microscope

Real estate market research company Leaf Research has put more than 23,000 property transactions in Larnaca under the microscope to provide a revealing insight into the changing nature of its property market.
Latest News & Updates

Visit stand E49 at the A Place in the Sun Live show

Those considering buying a property abroad, including Cyprus, are urged to visit the panel sessions given by staff from the Foreign Office or visit them on stand E49 for some down to earth advice.
Latest News & Updates

Vanishing Cyprus: consumerism

Cyprus has become the most expensive country in Europe while consumers are trapped and as victims of sheer greed, corruption and government incompetence they try to make ends meet against insurmountable odds.
Latest News & Updates

Limassol property market doesn’t depend on Russians

The number of real estate transactions for December 2011 was announced this week. Once again, they fell compared with the same month last year (-7%) and 2011 'ended' with an 18% reduction in transaction volume compared with 2010.
Latest News & Updates

What will it take to stop the rot in the property market?

This year has been a disaster for the Cyprus property market with the number of sales falling below those of 2009, the year the market crashed, and prices that are in a downward spiral with no sign of a recovery.
Load more

Top Stories

Elsewhere in Cyprus Property News