HomeTagsProperty

Tag: property

Latest News & Updates

Title Deeds & the financial crisis

The solution to the Gordian Knot is simple, no property transaction without a Title Deed should be legal – and a state that respected the rights of its citizens would not have waited for a solution to be imposed by the Troika.
Latest News & Updates

Chinese interest increasing

Chinese investor interest in Cyprus has grown dramatically over the past year with the juwai.com Purchasing Intent Index reporting the highest increase of all the Mediterranean countries.
Latest News & Updates

Property sales up 3 per cent

The number of property sales in Cyprus during September rose 3 per cent compared with the numbers sold in September 2014 according to official statistics published by the Department of Lands and Surveys.
Latest News & Updates

Cyprus property prices rising

House prices in Cyprus rose during the second quarter of 2015 according to figures published earlier today by Eurostat, the statistical office of the European Union, contradicting both recent reports by the Cyprus Central Bank and RICS (Cyprus).
Latest News & Updates

Property prices falling more slowly

The latest residential property price index published by the Cyprus Central Bank reports that house prices are falling more slowly and the CB expects them to stabilise around 2006 levels.
Latest News & Updates

Video killed the radio star

Nobody really understands what property valuers do, they don't make 'big bucks' like Chartered Accountants and everyone is usually shouting at them to 'produce' the value that they want.
Latest News & Updates

Inheritance in the EU

Citizens of both EU and non-EU countries who are resident in Cyprus may choose which EU country’s courts will have jurisdiction to deal with the inheritance and which law the courts will apply.
Latest News & Updates

NPLs remain obstinately high

Latest figures from the Cyprus Central Bank reveal that non-performing loans (NPLs) continue to remain high despite the implementation of the foreclosures and insolvency laws three months ago.
Latest News & Updates

IMF review could release €125 million

The Cyprus News Agency (CNA) has reported that the Executive Board of the International Monetary Fund (IMF) will discuss the eighth review of Cyprus' economic adjustment program on 23 September.
Latest News & Updates

August property sales weaken

Reversing the positive trend of recent months, the number of property sales in Cyprus during August fell compared with the number sold in August 2014 according to the Department of Lands & Surveys.
Latest News & Updates

Some relief for trapped buyers

Although the 'hidden mortgages' bill is a positive step in the right direction, more needs to be done to resolve the issue of trapped buyers to enable those who have paid for their property to obtain its Title Deed.
Latest News & Updates

NPLs long road ahead

New figures published by the Cyprus Central Bank show that the banks still have a long way to go in reducing NPLs, which increased by €68.2 million at the end of June 2015 to stand at €27.04 billion.
Latest News & Updates

Property sector challenges remain

Ernst & Young Cyprus Ltd (EY) has published the second edition of its Real Estate Dynamics Report, which contains an analysis of recent developments in the Cyprus construction and property sectors.
Latest News & Updates

July property sales up 22 per cent

The number of property sales in Cyprus during July rose 22 per cent compared to the numbers sold in July 2014 according to official statistics from the Department of Lands and Surveys.
Latest News & Updates

Building permits May 2015

Although the number of building permits authorised in May 2015 fell compared to the number authorised during the same period last year, their total area went up by more than a third and their value almost doubled.
Latest News & Updates

Guidelines on restructuring loans

The Cyprus Debtors Association has published detailed step-by-step list of guidelines on how borrowers may restructure their loans and advising them of their rights if they are being pressed by banks.
Latest News & Updates

Lawyers complicit in Title Deeds scandal

As the Cyprus Property Action Group discovered much of the blame for the Title Deed scandal rests with conveyancing lawyers whose duplicity earned them their designation as one of the largest criminal classes in Cyprus.
Latest News & Updates

Cyprus property prices continue downward

Cyprus property prices continued to fall during the second quarter of 2015 according to the 23rd edition of the RICS (Royal Institution of Chartered Surveyors) Cyprus Property Price Index.
Latest News & Updates

Construction activity worst in Europe

Construction activity in Cyprus suffered the biggest decline in production year-on-year in Europe during the first quarter of 2015 according to statistics published in yesterday's Eurostat newsrelease.
Latest News & Updates

Who is parliament trying to protect?

We have to ask the question who is the Cyprus parliament trying to protect following the decision of the House Finance Committee not to put the 'hidden mortgages' bill before a plenary meeting of the House.
Load more

Top Stories

Elsewhere in Cyprus Property News