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Finding lawyers in Cyprus

People buying property in Cyprus are generally unaware of the island’s different business culture and the fact that many lawyers work for the developers’ interests rather than those of the buyers.

Illegal building in Cyprus must be stopped

In the Paphos district of Cyprus severe flooding has occurred in many homes built illegally on dry river and stream beds, ravines and rubble-filled gullies causing their owners major problems and heartache during the heavy winter rains.

Cyprus Minister confident about Title Deed changes

The Interior Minister of the Republic of Cyprus, Neoclis Sylikiotis, is confident that the proposed Title Deed changes will work according to an interview in today’s Sunday Mail with Charles Charalambous.

Orams ruling eagerly anticipated

In the on-going case against the Orams, who acquired a house built on land usurped from its Greek Cypriot owner in the Turkish occupied northern area of Cyprus, the ruling of the Court of Appeal of England and Wales is eagerly anticipated.

Cyprus economy contracts in third quarter

The contraction of the Cyprus economy during the third quarter of 2009 is mainly due to negative growth rates in construction, hotels and restaurants, and negative performance in manufacturing, trade and transport services according to the latest government estimates.

Twenty year wait for Cyprus Title Deeds

According to a recent on-line poll conducted by Cyprus Property News, one person out of every twenty-two who has bought property on the island has been waiting for their Title Deeds for more than 20 years.

Orams case back in UK court today

Following the European Court of Justice ruling that a judgement ordering the Orams to demolish their house must be recognized by EU countries, Melitis Apostolides begins his appeal against an earlier British High Court ruling today.

Fall in tax revenue attributed to Cyprus property market collapse

The drop in Cyprus tax revenue collections is entirely attributable to the collapse of the property market and it raises concerns that if foreign demand fails to recover, the government will lose a significant source of revenue permanently.

Working together for proper Title Deeds law

The Cyprus Ministry of the Interior has put serious efforts to bring about a drastic and definite solution on long existing problem of the issuing of Title Deeds. This is a good time for all to work together to resolve the situation.

Cyprus Bar Association rejects Title Deed proposals

There is concern that the amendments will not solve the problem, but add to it. It is therefore our recommendation with all respect, to oppose the three amending bills which will lead us into a labyrinth without solving the problem.

Cyprus property sales: November 2009 report

Falling property sales in Cyprus continue to add to the islands economic woes. The latest figures to come out of the Cyprus Land and Surveys Department reveal that property sales have halved this year compared to last.

Dark days ahead for Cyprus

Businesses and households in Cyprus are facing the most difficult three years in the last thirty, according to the autumn forecasts released yesterday by the European Commission in Brussels.

Cyprus golf courses at Tersefanou and Limni

It appears that construction work on two of the golf courses planned for Cyprus may get underway before the end of the year as their owners are now at the final stages of securing the necessary approvals.

Property buyers at risk as second developer collapses

More people face loosing their homes in Cyprus as a second property developer is liquidated. Buyers of A&G built properties without Title Deeds have been left at the mercy of the banks.

Financial ruin for Cyprus is just a rip-off away

A retired Russian speaks out about "rip-off Cyprus" and the exploitation of the British and other foreigners by property developers and shopkeepers, and warns of the financial consequences to the island and its reputation abroad.

Property market report for Cyprus

Falling property sales, which are down by 52% this year compared to last, are impacting employment levels, the inflow of revenue to state coffers, and the island’s economic well being.

Improvement in Cyprus direct tax revenues

There are signs that the Cyprus government’s efforts to avoid the island’s budget deficit exceeding 3% of its GDP, which would result in EU Supervision, are bearing fruit with Immovable Property Tax collections almost doubling during September.

Building permits for Cyprus residential property falls

Figures released today by the Cyprus Statistical Service (CYSTAT) show that building permits for the construction of 1,161 residential properties were authorised in July 2009; down by nearly 40% on the 1,925 authorised in July last year.

EU acts against Cyprus over estate agent curbs

Brussels considers that Cyprus’ estate agents law that imposes conditions on the professional requirements of estate agents from other EU member states is incompatible with European rules.

Cyprus real estate agents – how to avoid the cowboys

A law passed in 2004 and subsequently amended in 2007 was designed to rid Cyprus of the numerous cowboy real estate agents. But unfortunately, in all of the property hot-spots, you will still find many individuals and companies trading in property illegally.

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