HomeTagsCyprus

Tag: Cyprus

Cyprus property valuations now online

Following the revaluation of some 500,000 properties in Cyprus, the revised valuation of any particular property can be viewed on-line at the Department of Lands and Surveys website.

Cyprus Immovable Property Tax 2014

The law amending the Cyprus Immovable Property Tax Laws for 2014 has now been published in the Cyprus Gazette and it offers a 15 per cent discount for those who pay early.

Cyprus making relatively good progress

Although Cyprus is making relatively good progress following the bailout, Troika officials have warned that the repossessions bill has to be approved by January 2015 before new aid is disbursed.

Cyprus MPs lunacy in action

Lunatic decisions taken by MPs in Nicosia drove another nail into Cyprus' once thriving property sector when they voted though the bill amending the Immovable Property Tax law for 2014.

New Immovable Property Tax lies

The changes brought about by the new Immovable Property Tax shifts the burden of taxation onto the owners of medium value properties to the benefit of large owners such as property developers.

Fitch upgrades Bank of Cyprus and Hellenic Bank

Ratings agency Fitch has upgraded the Bank of Cyprus and the Hellenic Bank but warned that the island's biggest lender still faces a high risk of capital erosion because of weakening asset quality and profitability.

Property Transfer Fees reduction

A temporary fifty percent reduction in Property Transfer Fees is being considered by the Cypriot government in an effort to help clear the backlog of around 28,000 Title Deed applications.

Dramatic fall in Cyprus property prices

Over the past year residential house prices in Cyprus have fallen by 7.8 per cent while apartment prices have fallen 10.7 per cent, according the RICS Cyprus Property Price Index for Q1 2014.

Cyprus property values updated

Announcing the completion of the task of updating Cyprus property values as part of the island's bailout agreement, Interior Minister commented that privately owned land in Cyprus is worth some €200 billion.

Swiss Franc loans breakthrough

Out of court settlements in connection with the alleged mis-selling of Swiss Franc loans have been widely reported in the Cyprus and UK media and we have been inundated with requests for further information.

Bank of Cyprus results analysis

There are some concerns highlighted in the Bank of Cyprus Group Financial results published a short time ago that suggest that the island's largest bank is not out of the woods yet.

Cyprus drops in Top of the Props chart

Cyprus dropped to fifteenth place in last month's Top of the Props chart published by the TheMoveChannel.com which records the most searched for overseas destinations to buy property.

Cyprus: Dealing with a crisis

Hit by a severe crisis, Cyprus received financial assistance from the international community in May 2013. One year after, this IMF video explains the origin of the crisis and the subsequent evolution of the country's economy.

Investment opportunities in Cyprus

In a question and answer session Dr George Mountis of Emergo Wealth discusses the opportunities for institutional investors who may be considering investing in the Cyprus real estate market.

Cyprus programme remains on track

Following their fourth review of the Cyprus economic adjustment programme the troika, comprising the European Commission, ECB and IMF, released an official statement on Saturday.

Cyprus moves up in Top of the Props chart

Cyprus moved up one place in last month’s Top of the Props chart published by the TheMoveChannel.com which records the most searched for overseas destinations to buy property.

You would be mad to buy a holiday home in Cyprus

You would have to be certifiably insane or just plain awash with money to even begin thinking about buying a holiday home in Cyprus; governments have really done nothing to resolve the Title Deeds disaster.

Cyprus economy & real estate forecast 2014-2015

Although Leaf Research predicts that the downturn in the Cyprus real estate market is likely to continue, some positive prospects for the island's economy and its real estate market are starting to appear.

Cyprus home construction nose-dives

Cyprus home construction plummeted in January, the Cyprus Statistical Service reported yesterday, with the number of permits authorised for new homes down 60 per cent compared with January last year.

Moody’s raises Cyprus credit rating outlook

Moody's ratings agency has raised its credit rating outlook for Cyprus to positive from negative, while confirming the island's Caa3 credit rating, citing a stronger than expected performance in 2013.

Top Stories

Elsewhere in Cyprus Property News