
Cyprus Property News
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Cyprus ditches ‘golden passport’ scheme
Cyprus has announced it will abolish a controversial passport scheme following an investigation by Al Jazeera that revealed how high-ranking...
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Al Jazeera in Cyprus passports ‘gotcha’ video
Cypriot parliament speaker Demetris Syllouris has lashed out at the Al Jazeera network, saying it tried to snare him in an undercover...
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New storm brewing over ‘golden passports’
Cyprus Citizenship for Investment Scheme is under scrutiny once more following revelations the cabinet approved the naturalisation of 42 relatives...
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Industry seeks benefit from passports scheme
Leading employers believe the controversial Cyprus passport for investment scheme should be maintained, improved and its resources redirected from...
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Cyprus house prices and rents yet to recover
House prices and rents in Cyprus have yet to recover to the levels last seen a decade ago reports Eurostat, the statistical office of the European...
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Passport revocation inquiries move forward
Cypriot authorities have identified seven individuals or foreign investors who could potentially be stripped of their Cypriot citizenship, after...
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House prices in Euro area up 5 per cent
House prices, as measured by the House Price Index, rose by 5.0% in the euro area and by 5.2% in the EU compared with the […] The post...
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Foreign property sales recovering?
The latest figures from the Department of Lands and Surveys indicate that property sales to foreign buyers from the EU countries may be...
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Cyprus house price index falls 2.9 per cent
The Cyprus Statistical Service (CYSTAT) has announced that the house price index fell by an average by 2.9 per cent on an annual basis in...
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Property sales show signs of recovery
Following five successive months of falls in the number of Cyprus property sales, the Department of Lands and Surveys reported a double-digit...
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EU vows to take aim at ‘golden visa’ programmes
For years, wealthy Chinese have made investments in Cyprus and Malta in exchange for European Union passports – so-called golden visa...
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Wealthy Britons turn to Cypriot citizenship
The number of British entrepreneurs looking to “buy” citizenship from countries offering visa-free access to the European Union has...
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Mixed outlook for real estate
BNP Paribas has released its second 2020 report regarding the property market outlook post-pandemic, presenting forecasts about real estate in...
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No deal Brexit strips expats of UK bank accounts
Thousands of Britons living in the EU will have their UK bank accounts closed by the end of the year because of the UK’s failure […] The...
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Developers call to end ‘golden passports’ debate
The Association of Large Property Developers has called on those engaging in public criticism of Cyprus’ Citizenship for Investment scheme...
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Speed up reviews of complaints against lawyers
The backlog of more than 2,000 outstanding complaints against lawyers is a ‘huge problem’ that is tarnishing the image of the legal...
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A passport to due diligence
It has been several weeks now, that the media has been buzzing about the leaked information on the individuals that have managed to obtain Cyprus...
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Cyprus golden passports bonanza
The Anastasiades government with a circle of political plotters are sharpening their knives and tongues to oust Mr Odysseas Michaelides the...
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Squeeze on banks to offload property portfolios
Cyprus estate agents fear that house prices could be pushed downwards from pressure on banks by the European Central Bank to sell-off property...
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Overseas property sales in decline
Property sales to the overseas (non-Cypriot) market continued to fall in August with numbers down 18% compared to the numbers sold in August 2019...