Cyprus Property News

• Hellenic Bank sells non-performing loans

  3-7-2017 CyprusPropertyNews

  The Hellenic Bank has sold its non-performing loan (NPL) and real estate management business, to APS Debt Servicing Cyprus Ltd, a member of the...

• Cyprus ‘well prepared’ for skyscraper disasters

  29-6-2017 CyprusPropertyNews

  The Cypriot authorities have assured that fire safety measures are in place to tackle skyscraper disasters following concerns arising from the...

• Contract signed for Cyprus casino resort

  26-6-2017 CyprusPropertyNews

  Earlier today a landmark deal for Europe's largest casino was signed between the gaming authority and the Melco Hard Rock consortium at the...

• Reprieve for trapped buyers

  24-6-2017 CyprusPropertyNews

  The Cyprus government has vowed to continue issuing Title Deeds to trapped buyers despite the recent court rulings that left them in legal limbo...

• How many trapped buyers?

  22-6-2017 CyprusPropertyNews

  Earlier today the Greek language newspaper Χαραυγή (Daybreak) published statistics on the number of trapped...

• Trapped buyers (update 2)

  19-6-2017 CyprusPropertyNews

  The House Legal Affairs Committee is meeting today in efforts to resolve constitutional issues with the trapped buyers law. Meanwhile here is...

• Land values also recovering

  18-6-2017 CyprusPropertyNews

  As home prices enter recovery, so do land values, particularly in Limassol which has already attracted property developers from other coastal...

• Fight for justice in Pissouri ordeal

  18-6-2017 CyprusPropertyNews

  British High Commissioner, Matthew Kidd, visited affected residents in the devastated Limnes (lakes) area of Pissouri and is reported to have said...

• Trapped buyers update

  16-6-2017 CyprusPropertyNews

  The House Legal Affairs Committee is meeting today in efforts to resolve constitutional issues with the trapped buyers law. Meanwhile here is...

• Property prices rising says Central Bank

  12-6-2017 CyprusPropertyNews

  Cyprus property prices rose by 0.3 per cent over the fourth quarter of 2016 but fell 0.9 per cent over the year according to the Residential...

• Overseas Cyprus property sales rocket

  12-6-2017 CyprusPropertyNews

  The surge in Cyprus property sales in May that we reported last Thursday was helped significantly by a more than three-fold increase in sales to...

• Russian and Arab investors developing land

  10-6-2017 CyprusPropertyNews

  Russian and Arab investors are buying and developing land in Cyprus with Limassol being their first option according to Marinos Kynegirou, the...

• Strong surge in Cyprus property sales

  8-6-2017 CyprusPropertyNews

  There was a strong surge in the number of Cyprus property sales during May, with the number of contracts deposited at Land Registries across the...

• Cyprus building more new homes

  8-6-2017 CyprusPropertyNews

  The number of new homes in Cyprus for which building permits have been issued rose by 34.6 per cent in March 2017 compared to the same period in...

• New obstacle to solving Title Deeds mess

  8-6-2017 CyprusPropertyNews

  Solutions to the Title Deed mess resulting from court decisions declaring that the 'Trapped Buyers' law is unconstitutional will be the subject of...

• Paphos District Officer to mediate Pegeia deadlock

  5-6-2017 CyprusPropertyNews

  A meeting mediated by the Paphos District Officer is to be held in efforts to resolve a deadlock between Leptos and the Pegeia Municipality...

• Golden Visa Program raises €4 billion

  30-5-2017 CyprusPropertyNews

  The Cyprus Golden Visa Program, which enables non-EU citizens to purchase Cypriot passports and residency permits by investing money in property...

• Why trapped buyers law unconstitutional

  29-5-2017 CyprusPropertyNews

  Marina Massoura from the law firm of L.G. Zambartas LLC explains why the trapped buyers law was ruled as being unconstitutional by the District...

• Ten years to reduce NPLs

  27-5-2017 CyprusPropertyNews

  The Cyprus Central bank expects it will take up to 10 years for non-performing loans (NPLs) to drop to manageable levels at the current rate of...

• Trapped buyers could lose their homes

  26-5-2017 CyprusPropertyNews

  The Limassol and Paphos District Courts in Cyprus have both ruled that the trapped buyers' law, which enabled those duped into buying property...