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New law boost for Cyprus property buyers

Today's Cyprus Weekly carried a report on the new law passed by parliament earlier this month concerning buyers trapped by developers' mortgages.

Remaining planning amnesty bills passed

Yesterday Parliament passed the remaining two ‘town planning amnesty’ bills aimed at tackling the estimated 130,000 properties in Cyprus without Title Deeds.

Summary of Cyprus planning amnesty laws revealed

The draughtsman of the original amendments to the Cyprus Immovable Property (Tenure, Registration and Valuation) Law provides a summary of the new laws that were approved by parliament last month.

Commission tells Cyprus to lift property restrictions

The European Commission has acted to ensure that EU nationals have unrestricted access to buy a second home in Cyprus.

Majority of Cypriot planning amnesty laws passed

Yesterday the Cypriot Parliament passed the most of the 'town planning amnesty' legislation aimed at tackling the morass of properties without Title Deeds in Cyprus.

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.

Title Deed bill agreed by deputies

Details of one of the bills designed to resolve the Island’s Title Deed fiasco have been agreed by deputies. This will now be passed to the House of Representatives' plenum for approval.

Laws to iron out problems with Title Deeds

Parliament is currently in the process of preparing a law in cooperation with the government and banks that will put an end to the current Title Deeds system that has left hundreds of home buyers at the mercy of debt-riddled developers.

Urban planning amnesty suggestions

With the proposed urban planning amnesty shortly to be debated in parliament, the Cyprus Association of Valuers and Property Consultants has put forward three suggestions for the government’s consideration.

Paralimni residents left in the dark

Residents of a housing complex in Paralimni, a town situated in the south east of Cyprus, have been left in the dark after the authorities cut off their illegal electricity supply according to a report in today’s Cyprus Mail on Sunday.

Title Deeds legislation edges closer

The long awaited and often criticised bills designed to tackle the Title Deed fiasco and bring relief to the many thousands of buyers who have been waiting for many years could be implemented in the next couple of months.

Title Deed law changes delayed

The Cyprus government has been unsuccessful in its attempt to introduce the five bills designed to accelerate the issue of Title Deeds by the end of the parliamentary session. Talks on their substance will continue after the summer recess.

Cyprus changes estate agents law following EU inquiry

Following a European Union inquiry into the Cyprus laws governing estate agents, the Interior Ministry has submitted a new draft law to Parliament to bring it into line with the Acquis Communautaire.

Corruption in Cyprus is a national problem says EU report

"In Greece, Bulgaria and Cyprus there is almost universal agreement that corruption is a national problem" says damning EU Commission report.

Cyprus government Title Deed proposals

Earlier today, the Cyprus Sunday Mail published an article by Antonis Loizou FRICS in which he outlined the content of the bills that have been drafted by the Cyprus government to alleviate the Title Deed issue problem faced by many property buyers.

Cyprus law reforms are not a cure-all

The legal reforms proposed by the Cyprus Interior Minister Neoclis Sylikiotis are not a cure-all solution to the many Title Deed problems. Those who have been deceived into buying mortgaged property will continue to remain at risk unless the Government acts to protect their interests.

Proposals to untie the Gordian knot

Proposed changes to Cyprus’ antiquated property laws may help existing buyers obtain Title Deeds to properties that have been built illegally But they contain nothing to help those who have been duped into buying mortgaged property and those whose Title Deeds are being held to ransom by unscrupulous property developers.

Details of Title Deed proposals to be announced

The Cyprus Interior Minister will announce details of the proposals to resolve the problems with issuing Title Deeds within the next two months, according to a report in the local press.

O’Dwyer assault case drags on into sixth month

Cyprus Interior Minister Neoclis Sylikiotis suggests that property buyers should take developers to court if they believe they are acting illegally. As the case involving the alleged assault on Conor O’Dwyer clearly demonstrates, the Cyprus justice system is unfit for purpose!

Tax rebate for British second homeowners

Many Britons who let out their European holiday homes could be entitled to a tax rebate under measures announced in April's budget. However, from next year

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