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Encouraging better land use

The Cyprus Government seems determined to introduce measures to encourage better land use in urban areas. Over the next few...
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VAT delay on Cyprus land

Cyprus' Minister of Finance, Charilaos Stavrakis, says the Government is confident that it will be able to secure a...
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Cyprus bank eases loan restrictions

THE Central Bank of Cyprus has eased the loan restrictions for the purchase or construction of second properties from...
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Cyprus property tax receipts plummet

ACCORDING to press reports, a decline in Cyprus property prices has resulted in a spectacular fall in Government revenue. During...
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London property protest

A GROUP of British expats frustrated with the judicial system in Cyprus protested at Alexandra Palace London on Sunday...
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Property protest during President Christofias London visit

Expatriate property buyers frustrated by the inept Cypriot judicial system are to protest at London's Alexandra Palace on May...
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Property groups join forces to battle for buyers rights

THE CYPRUS Land and Property Owners' Association (KSIA) and the Cyprus Property Action Group (CPAG) have teamed up to...
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Backlash from Cyprus property developers

THE GOVERNMENT is facing a backlash from Cyprus property developers and estate agents over plans to introduce a 15%...
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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 property deals hit CYP 1.7 billion

Easy credit by banks is also widely blamed for fuelling an unprecedented buying spree, with many engaging in speculative activity, which the Central Bank of Cyprus is now attempting to stop.
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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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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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Distortions in Cyprus property sale contracts

THE LEGAL SERVICES AND CYPRUS LAND REGISTRY OFFICE are to prepare a bill that would improve procedures for land...
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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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Planning Changes Spark Controversy

EVEN before they are fully published, the Local Plans, extending the building zones in the major towns, are causing...
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Cyprus real estate agents criticize state

The real estate agents have criticized strongly the state for the latest increase in the price of properties, since...
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One Good Deed Deserves Another

LAST YEAR a law was passed that, supposedly, would have made it easier for buyers of apartments to obtain...
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