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Repossessed homes auctioned at 27% below market value

The final quarter of 2024 brought sobering news for the Cyprus property market, particularly for the owners of homes...

KEPIDES threatens pay up or we’ll auction your home

The Cyprus Asset Management Company Ltd (KEDIPES) has sent letters to a number of home buyers 'inviting' them to...

Bill to halt auctions for ‘Mortgage-to-rent’ applicants passed

By a unanimous vote the House on Thursday passed legislation that provides for halting the auctioning off of properties...

Homes under the hammer

Following the ending of the freeze on repossessions at the end of January 2023, lenders sent hundreds of letters...

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