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Optimism in the construction sector

The future of the island's construction sector is optimistic, but repeating the illegal and short-sighted practices of the past will have extremely negative consequences on everyone.
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Bank lending systems stymie Cypriot buyers

The Cyprus banks complicated lending procedures cause stagnation of property purchases by Cypriots according to the chairman of the Cyprus Real Estate Agents Association (SKEK).
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Cyprus attracting more overseas interest

Overseas interest in the Cyprus property market strengthened in March to become the sixth most sought after destination in the Top of the Props index published by TheMoveChannel.com.
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Limassol casino contracts imminent

The Melco-Hard Rock consortium is expected to sign contracts for the construction of the multimillion euro casino project in Limassol later this month and should open temporary casinos later this year.
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Cyprus house prices up

House prices in Cyprus rose by 2.8 per cent in the fourth quarter of 2016 compared with the fourth quarter in 2015 according to the House Price Index published earlier today by Eurostat.
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Cyprus needs to accelerate debt reduction

The International Monetary Fund (IMF) has called on Cyprus to speed up reductions in public and private debt to rebuild confidence and deliver balanced, sustainable growth, and support balance sheet repair.
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Cyprus: NPLs remain “very high”

Following the second post-programme surveillance mission to Cyprus, the European Commission and the European Central Bank reports that NPLs remain "very high" and that "reform momentum has weakened noticeably."
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IMF to visit Cyprus

A delegation from the International Monetary Fund (IMF) will visit Cyprus next week for talks to evaluate the economy of the country following the island's successful conclusion of its economic adjustment programme.
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Standard & Poor’s raises Cyprus rating

Ratings agency Standard & Poor's has raised its foreign and local currency long-term sovereign credit ratings on the Republic of Cyprus to 'BB+' from 'BB' and has affirmed its 'B' foreign and local currency short-term sovereign credit ratings.
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Key findings of Cyprus real estate conference

Key findings form a real estate conference to discuss the state of the Cyprus property market recently hosted by RICS (Cyprus) at which the management of REOs and NPLs were also discussed.
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Cyprus property sales falter in February

Having got off to a promising start to the New Year in January, property sales in Cyprus faltered in February with numbers falling in all five districts compared to the numbers sold in February 2016.
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Cyprus real estate market report 2016

In its 2016 annual review Resolute Asset Management reports that the Cyprus real estate market is gradually becoming more active partly due to improving local and international economic conditions.
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Bank of Cyprus, the reluctant estate agent

With the Bank of Cyprus now being the island's second-biggest private real-estate agent after the church, it might be seen as a good place to start bargain-hunting for a property in Cyprus.
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Cyprus has made limited progress

Cyprus has made limited progress with implementing the 2016 country-specific recommendations said the European Commission in its country report on Cyprus issued earlier today.
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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 prices up Q3 2016

The RICS Cyprus Property Prices Index for Q3 2016 reports increases in almost all districts and property types, with largest increase in apartment and house prices recorded for Limassol and Paphos respectively.
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Cyprus house prices down

House prices in Cyprus fell by 3.3 per cent in the third quarter of 2016 compared to the third quarter in 2015 according to the House Price Index published yesterday by Eurostat in a news release.
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Cyprus property fraudster convicted (update)

Sascha Morris, who sold off-plan properties to Cyprus property investors, has been convicted of fraud at the Leeds Crown Court following a prosecution by the CPS Specialist Fraud Division.
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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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Our Top 10 stories from Cyprus in 2016

An opportunity to reflect on the news and events that helped to shape the Cyprus property market over the past year in our list of Top 10 stories that have attracted the most readers in 2016.
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