Cyprus Property News

• Renewed call to reform Title Deeds system

  1 day ago CyprusPropertyNews

  The EC and the ECB have renewed their call on Cyprus to "swiftly address the long-overdue reform of the title deeds issuance and transfer system"...

• Energy saving measures grant scheme

  2 days ago CyprusPropertyNews

  There are opportunities for those living in Cyprus to the reduce their energy costs through a new energy saving scheme that encourages the use of...

• Supreme court upholds Aristo acquittal

  6 days ago CyprusPropertyNews

  The Supreme Court has rejected an appeal against the acquittal of Theodoros Aristodemou, the founder of Aristo developers, and three others in...

• Slippage of stricken Tala development accelerates

  1 week ago CyprusPropertyNews

  Heavy rain has accelerated the land slippage on a doomed development in Tala, which consists of four apartments, two villas and eight townhouses;...

• December 2018 building permits

  1 week ago CyprusPropertyNews

  Building permits for the construction of 504 new homes in Cyprus were authorised during December 2018; an increase of 55.1 per cent compared with...

• Money to help Land Registry clear backlog

  1 week ago CyprusPropertyNews

  €3.6 million has been requested by the Interior Ministry to help clear the backlog of cases at the Land Registries involving Title Deeds, boundary...

• Alarm bells over house prices

  2 weeks ago CyprusPropertyNews

  The Central Bank of Cyprus has sounded alarm bells over rising house prices, particularly in Limassol, due to the Invest Citizenship scheme and...

• Sharp rise in property sales in February

  2 weeks ago CyprusPropertyNews

  February saw a sharp rise in property sales compared to the numbers sold in the corresponding month last year according to official figures...

• Swimming pool laws set to hit tourism revenues

  3 weeks ago CyprusPropertyNews

  Barring a miracle, swimming pools in privately owned complexes, such as the Royal Seacrest in Kato Paphos, will remain closed this year affecting...

• Limassol Aura high rise development

  3 weeks ago CyprusPropertyNews

  The construction of the 197 metre Aura high rise development in Limassol to be built on the present site of the Debenhams Olympia shopping centre...

• Cyprus’ vulnerabilities remain significant

  3 weeks ago CyprusPropertyNews

  The European Commission notes that despite the recent improvement, Cyprus' vulnerabilities, which are mostly due to long-lasting stock-imbalances,...

• Pissouri landslide: the living hell

  3 weeks ago CyprusPropertyNews

  As the landslide in Pissouri gains momentum destroying everything in its path more residents are living in hell in the village once described by...

• Compensation for Pissouri homeowners

  3 weeks ago CyprusPropertyNews

  The Government has finally agreed to pay compensation to residents in Pissouri whose homes have been damaged by the landslide and to undertake a...

• Limassol land registry operating like a free-for-all

  22-2-2019 CyprusPropertyNews

  The situation in the Limassol Land Registry is chaotic with complaints of dodgy practices, bogus claims for travel expenses and overtime pay,...

• Fewer new homes in November

  19-2-2019 CyprusPropertyNews

  Building permits for the construction of 580 new homes in Cyprus were authorised during November 2018; a fall of 11.9 per cent compared with the...

• Changes to Citizenship scheme approved

  14-2-2019 CyprusPropertyNews

  Changes to Cyprus' controversial citizenship-by-investment scheme, which has granted 1,864 citizenships and generated €6.6 billion of foreign...

• Cyprus banks awash with properties

  11-2-2019 CyprusPropertyNews

  Banks in Cyprus have acquired more than 14,000 properties from households and businesses through foreclosures and debt-to-assets swaps according...

• Warnings of further rent rises in Limassol

  10-2-2019 CyprusPropertyNews

  Further rent rises in Limassol are expected as thousands of construction workers needed to complete numerous projects will require accommodation...

• Citizenship linked to president’s family ties

  10-2-2019 CyprusPropertyNews

  Cypriot citizenship has been granted to a Russian billionaire; a former shareholder in a Russian bank whose premises in Limassol were built by a...

• Trapped buyers still at banks’ mercy

  8-2-2019 CyprusPropertyNews

  Despite promises made by deputies last November that they intended to resolve the 'trapped buyers' mess by Christmas, it seems that little (if...