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Could a tenant reliability register fix the Cyprus rental market?

After many years in the property sector, I have seen Cyprus' real estate market go through many cycles. I...

Surge in fraud by fake real estate agents, council warns

Hundreds of people have been defrauded by individuals posing as real estate agents, according to the Cyprus Real Estate...

Public warned over fake real estate agents as convictions rise

The Cyprus Real Estate Agents Registration Council recorded 125 convictions for illegal real estate brokerage in 2024, according to an announcement released on...

Witness from Al Jazeera golden passports investigation threatened

The corruption trial linked to the Al Jazeera investigation into Cyprus’ controversial citizenship-by-investment scheme began on Monday, amid uncertainty...

Illegal estate agents thriving amid weak penalties

Illegal estate agents continue to defraud unsuspecting buyers and tenants, extending their reach into occupied territories, according to the...

Understanding costs associated with property sale transactions

Selling immovable property in Cyprus offers a unique opportunity to engage with a very active real estate market. Whether...

Criminal cases filed against illegal real estate agents

The Cyprus Real Estate Agents Registration Council has issued a statement emphasizing its increased efforts to combat illegal real...

Interest rate hikes threaten property sales

Thousands of borrowers have been stung by interest rate hikes as they see their monthly mortgage instalment increase by...

Real estate sales generated €6 bln in 2022

Despite the property market generating €6 billion in sales in 2022, real estate agents expect a challenging 2023. Releasing its...

Up to nine complaints a day about estate agents

The Cyprus Real Estate Registration Council revealed on Monday that on average three to nine cases of malpractice within...

Estate agents upbeat about property prospects

Estate agents who took part in a recent survey are upbeat about the prospects for the Cyprus residential property market and expect the best year since 2008 although their opinions vary on the speed of the recovery in prices.

Remand in Paphos property scam case

A 60 year-old employee of a real estate agency in Geroskipou, Paphos was taken into police custody on Saturday in connection with a land scam case and has been remanded for three days.

EU real estate agents free to operate in Cyprus

Estate agents from the EU are free to establish themselves and exercise their activities in Cyprus following actions taken by the European Commission.

Couple assured of stay of execution

A couple who bought an apartment in Larnaca and faced eviction and repossession by the bank because its developer had defaulted on his mortgage repayments have been assured of a stay of execution.

Title Deed mess leaves couple homeless

A couple who bought an apartment in Cyprus for their retirement face eviction and repossession by the bank as its former owner has defaulted on his mortgage payments.

Cyprus estate agent declared bankrupt

The case against Andrew Nolan, formerly of Cyprus estate agents Peter Stephenson Properties, was heard by a judge at a court in Birmingham last Thursday where he was officially declared bankrupt.

BuySell Cyprus replies to report

Last month we reprinted an article from the Cyprus Sunday Mail on a dispute between Supertrust Estate Agents Ltd (BuySell Cyprus) and Mr Mike Skierka, the British owner of a house in Peyia.

Estate agent gets wake-up call from bailiffs

Andrew Nolan, formerly of Cyprus estate agents Peter Stephenson Properties was woken at 6am by a bailiff from Bluemoon Investigations and investigative journalist Andrew Penman.

MRI Overseas Property withdraws from NAEA

MRI Overseas Property, which has its Cyprus offices in Paphos & Larnaca, issued the following press release issued on...

Misleading property advertisements

MANY people have been duped into buying property in Cyprus through the use of misleading advertising. Much of this makes...

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