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How can Cyprus banks justify their action?

Cyprus banks are blocking trapped property buyers getting Title Deeds, while in Spain the Supreme Court has ruled that the banks must refund money to purchasers whose homes were never completed.
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Cyprus property taxes in 2017

There have been a number of changes to various property taxes in Cyprus in recent times and a summary of the impact of those changes for individuals with property on the island are summarised below.
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How far have Cyprus property prices fallen?

In light of the various Cyprus property price indexes that abound at the moment, the director of Sapienta Economics Ltd Fiona Mullen asks the question how far have Cyprus property prices fallen?
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Property and currency in the wake of Brexit

British expats living in Cyprus have seen a fall in the Euro/Sterling exchange rate in the wake of the BREXIT referendum and are finding that their UK pensions are not stretching as far as they had planned.
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Online property valuations revisited

A revised guide to finding Cyprus property valuations on the Department of Lands and Surveys website, which has undergone a major overhaul and now provides a multitude of additional features.
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Paphos’ water guzzling golf courses

Demand for water in Paphos is increasing as more golf courses are built in the district and if there is little rain again this winter there is a real possibility of severe water shortages again next year.
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Taxed on olive tree he does not own

Olive trees have a special status in Cyprus because of their potential to bring in a significant income but here's a bizarre story about a Cypriot man who was forced to pay property tax on an olive tree he doesn’t own.
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Recidivism: the curse on Cyprus

Unless the Cyprus government cracks down hard on recidivism in all its forms, an international risk management consultant predicts that Cyprus is likely to hit another 2013 scale financial crisis within five years.
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Focus on Pegeia property sales

The Paphos municipality of Pegeia, which has the largest population of British expatriates living in Cyprus, is the focus of an analysis of property sales undertaken by Delfi Partners and Company.
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Keep calm and carry on, expats urged

British expats in Cyprus have been advised to keep calm and carry on following Thursday's BREXIT vote that has left many of them fearful of what the future may hold once Britain leaves the EU.
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Debt-to-asset swaps distort property sales

Although property sales in Cyprus appear to have increased by 25 per cent during the first five months of 2016, the numbers include debt-to-asset swaps as part of the banks' restructuring deals.
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Time running out for UK expats

The Electoral Commission is urging UK expats to register and vote in the EU referendum that will be held on 23rd June to decide whether the United Kingdom will remain or leave the European Union.
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50,000 housing units in Cyprus unsold

Up to 50,000 housing units in Cyprus have remained unsold for a considerable time based on the difference between the number of building permits authorised and contracts of sale deposited at Land Registry offices.
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Resolving NPLs with innovative solutions

A recent seminar in Nicosia focused on the options open to banks in dealing with non-performing loans (NPLs) in Cyprus. Financial expert Erol Riza sums up the advice from key international financial institutions.
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UK Expats #YourVoteMatters in the EU referendum

UK citizens living in Cyprus are encouraged to register and vote in the forthcoming referendum to determine whether the United Kingdom continues to remain a member of the European Union.
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Property market review & expectations for 2016

Transaction volume in the property market will remain at low levels throughout 2016 with prices of prime assets bottoming out during the first half of the year, with demand for secondary assets almost non-existent.
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Top 10 most read articles of 2015

Once again Cyprus Property News attracted more than a million visitors over the past year and here is our list of the Top 10 stories most read new stories and articles by you - our readers.
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Central Bank must do more to solve NPL problem

The Central Bank of Cyprus (CBC) must push for a greater volume and quality of loan restructurings in addition to halting the creation of new non-performing exposures, for which it has implemented a framework of objectives.
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Title Deeds & the financial crisis

The solution to the Gordian Knot is simple, no property transaction without a Title Deed should be legal – and a state that respected the rights of its citizens would not have waited for a solution to be imposed by the Troika.
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Video killed the radio star

Nobody really understands what property valuers do, they don't make 'big bucks' like Chartered Accountants and everyone is usually shouting at them to 'produce' the value that they want.
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