Cyprus Property News

• Larnaca Tower plans progressing

  4 days ago CyprusPropertyNews

  It looks as if a high-rise development 'Larnaca Tower' will soon get underway in the seafront area of Phinikoudes if the paperwork submitted by...

• Doubts over new moves on Title Deeds

  4 days ago CyprusPropertyNews

  Questions remain over how the gentlemen's agreement enabling 'trapped buyers' to get the Title Deeds to properties they purchased and paid for in...

• No tax on mortgaged property sales

  6 days ago CyprusPropertyNews

  Those selling their mortgaged property in Cyprus to reduce or repay their mortgage debt will be exempt from paying capital gains, income tax,...

• Cyprus house prices fall 1.8 per cent

  1 week ago CyprusPropertyNews

  The Cyprus house price index (HPI) fell by 1.8 per cent in the first quarter of 2018 but rose 3.7 per cent on an annual basis according to a...

• What the new foreclosure bills mean

  1 week ago CyprusPropertyNews

  The new foreclosure bills passed by the Cyprus parliament expedites foreclosure proceedings, makes it easier for financial institutions to remove...

• Tougher insolvency & NPL laws

  1 week ago CyprusPropertyNews

  MPs approved tougher laws for dealing with non-performing loans (NPLs) and foreclosures that should also enable trapped buyers to get a Title Deed...

• High-rise not needed in Paphos

  1 week ago CyprusPropertyNews

  Following last week's news that applications had been received for ten high-rise developments in Paphos, a 500 strong 'Movement to Save Paphos'...

• Small rise in Cyprus property sales (Update)

  1 week ago CyprusPropertyNews

  Although the number of property sales in Cyprus continued to rise in June according to the number of sales contracts deposited at Land Registry...

• Small rise in Cyprus property sales

  2 weeks ago CyprusPropertyNews

  Although the number of property sales in Cyprus continued to rise in June according to the number of sales contracts deposited at Land Registry...

• Permits for new homes up 44.6 per cent

  2 weeks ago CyprusPropertyNews

  The number of building permits for the construction of new homes in Cyprus rose 44.6 per cent in April 2018 compared to April 2017 providing for...

• Trapped buyers breakthrough

  2 weeks ago CyprusPropertyNews

  It appears that a gentlemen's agreement has been reached enabling trapped buyers who were duped by nefarious developers and lawyers into buying...

• Paphos marina contract awarded

  2 weeks ago CyprusPropertyNews

  The contract to build the long-anticipated Paphos marina has been awarded to Pafilia by the 'new' Marina Management Committee, which was appointed...

• High-rise developments coming to Paphos

  2 weeks ago CyprusPropertyNews

  The Paphos Municipality has given the green light for the construction of two twenty storey high-rise buildings in the tourist area of the town on...

• Opposition delays NPL & Co-op bills

  2 weeks ago CyprusPropertyNews

  Opposition parties have rejected a request by the Cyprus government to urgently discuss five bills concerning the management of non-performing...

• Cabinet approves NPL reduction bills

  2 weeks ago CyprusPropertyNews

  Four bills and regulations that will significantly improve the way non-performing loans (NPLs) are dealt with and provide for incentives,...

• Cyprus property value change notification

  2 weeks ago CyprusPropertyNews

  The owners of property in Cyprus must be notified by the Land Registry personally if there is any significant change in the value of their...

• Cyprus property rent reforms

  3 weeks ago CyprusPropertyNews

  It should soon be easier for landlords to recover their properties in Cyprus from tenants who fail to pay the rent if the bill submitted to...

• Limassol high rents protest

  3 weeks ago CyprusPropertyNews

  Hundreds of mainly young people carrying banners and slogans staged a protest in Limassol against the large increases in rents for homes and...

• Glimmer of hope for Pissouri homeowners

  3 weeks ago CyprusPropertyNews

  There appears to be a glimmer of hope for homeowners affected by the devastating land slippage in the Limnes (lakes) area of Pissouri are hopeful...

• Limassol high-rise development damaged flats

  3 weeks ago CyprusPropertyNews

  Residents who claim that vibration caused by the construction of a high-rise development in Limassol has damaged their block of nearby flats have...