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Massive development planned for Cyprus

Plans for the largest development ever to be undertaken in Cyprus have come to light. We understand that the massive construction project, which will create 6,000 new jobs and attract more than half a million tourists each year, will get under way shortly.
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EU questions Cyprus on developer mortgages

Daniel Hannan, MEP for South East England, has raised a question in the European Union Parliament to uncover the facts behind the Cyprus developers mortgages scandal, the number of properties involved and the total mortgage debt of the developers.
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British couple plan to sue property developer

British couple Janet and Keith Smith are planning to sue their property developer after falling victim to a campaign of harassment that caused untold misery, health problems and further costs which have destroyed their lives.
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Cyprus deal targets Scandinavian buyers

A Cypriot developer has signed an exclusive deal with one of Norway’s largest agents in hope of cashing in on growing demand from Scandinavian buyers.
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Legal system and property rights under EU scrutiny

Once again, the Cyprus legal system and consumers' property rights are about to come under the scrutiny of the European Union following a written question to the European Parliament raised by Scottish MEP Alyn Smith.
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Cyprus building permit numbers up in March

Latest figures from the Cyprus Statistical Service show that building permits for the construction of 1,758 residential properties were authorised in March 2010, an increase of more than 27 percent over the same period last year.
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Is Cyprus in danger of misleading the EU?

In its answers to questions posed to it by the European Union, the Cyprus Government could be in danger of misleading the EU into believing that the Cypriot authorities have taken substantial and effective measures to resolve the Title Deed problems.
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Thousands of Cyprus construction jobs lost

According to the president of the Cyprus Contractors Federation more than ten thousand construction workers have lost their jobs and the industry's productivity dropped by 9 percent last year.
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Tenancy Disputes in Cyprus

Landlords and tenants, like cats and dogs, do not always see eye to eye and disputes between the parties occur frequently. Ideally, such disputes are best resolved without recourse to the Cyprus courts as Louise Zambartas explains.
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New title search procedures in Cyprus

New procedures introduced in Land Registries throughout Cyprus should make it much easier for prospective property buyers to discover whether their potential purchase is mortgaged.
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Opinion: Cyprus Title Deed law changes

Will the latest changes to the Cyprus Title Deed laws currently before parliament untie the ‘Gordian Knot’ as the Minister of the Interior has stated they would? Although they will bring relief to some people, it appears that those who have been duped into buying mortgaged property will be left to fend for themselves.
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Bigger and more strident Cyprus campaign group?

The recent writ against Denis O’Hare which led to the closure of the Cyprus Property Action Group website could result in the setting up of a bigger more strident organisation to campaign for the rights of property buyers in Cyprus.
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Cyprus property sales statistics (April 2010)

Property sales in April indicate that the recovery of the Cyprus property market may have faltered, although it is not clear why this has occurred.
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Building permit numbers in Cyprus (February 2010)

Latest figures from the Cyprus Statistical Service show that building permits for the construction of 1,691 residential properties were authorised in February 2010.
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A sad day for Cyprus property…

Hundreds of cases of property fraud in Cyprus are swept under the carpet by well-connected developers or their smart-suited lawyers, while civil servants in the know throw their arms up in the air in despair.
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Landmark ruling by the Supreme Court

In a landmark ruling, the three-judge panel of the Supreme Court of Cyprus has found a Cypriot lawyer to be professionally negligent and liable to compensate a British couple for money they lost as a result.
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Arrogant developers damaging Cyprus

The arrogance still being shown by developers towards foreign buyers on the Title Deeds issue is scandalous. They don't seem to be aware of just how much lasting damage they have done to the market and to Cyprus.
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Agreement between Cyprus and Qatar approved

The Council of Ministers has officially approved the agreement signed on Wednesday between Cyprus and Qatar for the creation of a joint venture for a major project in Nicosia, which will include a five - star hotel, apartments, offices and a commercial centre.
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Qatar and Cyprus sign real estate deal

Yesterday, the Government of Cyprus and Qatar signed a number of agreements including a construction project opposite the Hilton Hotel in Nicosia that will include a five-star hotel, a shopping mall, offices and a residential complex.
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Storm clouds darkening over Cyprus

An economist report has highlighted a number of significant problems in the Cyprus property market and warns that prices have still to fall from their already depressed levels before they bottom out.
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