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Cyprus developers ‘strangled by red tape’

PAPHOS property developers are pleading with the government to cut through the tangle of red tape that they say...
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Bank tightens credit risk rules

Later this month, it is anticipated that the Central Bank of Cyprus will issue ‘guidelines' requiring the commercial banks...
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Property loan growth accelerates

LOAN growth in the domestic market accelerated in April, driven by property loans and loans to non financial organizations. According...
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Cyprus government rakes in cash from property boom

STATE coffers enjoyed a 142 per cent increase in Capital Gains Tax in 2007, mainly as a result of...
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Cyprus real estate boom boosts tax receipts

According to the Cyprus Financial Mirror, increased revenue from Capital Gains Tax on Cyprus property sales has been instrumental...
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Credit crunch cools the Cyprus property market

THE CENTRAL Bank has reduced loan financing for property purchases to 60 per cent in order to protect banks...
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Price war on Cyprus bank deposits to hurt real estate

An intense price war waged by Cyprus' commercial banks in their bid to attract deposits is likely to hurt...
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Cyprus property owners upbeat after Sarris meeting

A LOBBY group set up to help people facing problems with property developers and real estate agents all over...
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Property Tax Here to Stay – Sarris

THE government turned down calls to slash property taxes amid findings that a staggering £241 m flowed into state...
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Cyprus plot prices boom

The latest increase in property prices is beyond forecasts. According to the new study of the Cyprus Real Estate...
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Property boom fills state coffers

STATE revenue has shot up as a result of the property boom in the first four months of 2007,...
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