Cyprus Property News

• Cyprus ditches ‘golden passport’ scheme

  13-10-2020 CyprusPropertyNews

  Cyprus has announced it will abolish a controversial passport scheme following an investigation by Al Jazeera that revealed how high-ranking...

• Al Jazeera in Cyprus passports ‘gotcha’ video

  12-10-2020 CyprusPropertyNews

  Cypriot parliament speaker Demetris Syllouris has lashed out at the Al Jazeera network, saying it tried to snare him in an undercover...

• New storm brewing over ‘golden passports’

  11-10-2020 CyprusPropertyNews

  Cyprus Citizenship for Investment Scheme is under scrutiny once more following revelations the cabinet approved the naturalisation of 42 relatives...

• Industry seeks benefit from passports scheme

  9-10-2020 CyprusPropertyNews

  Leading employers believe the controversial Cyprus passport for investment scheme should be maintained, improved and its resources redirected from...

• Cyprus house prices and rents yet to recover

  9-10-2020 CyprusPropertyNews

  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...

• Passport revocation inquiries move forward

  8-10-2020 CyprusPropertyNews

  Cypriot authorities have identified seven individuals or foreign investors who could potentially be stripped of their Cypriot citizenship, after...

• House prices in Euro area up 5 per cent

  8-10-2020 CyprusPropertyNews

  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...

• Foreign property sales recovering?

  8-10-2020 CyprusPropertyNews

  The latest figures from the Department of Lands and Surveys indicate that property sales to foreign buyers from the EU countries may be...

• Cyprus house price index falls 2.9 per cent

  7-10-2020 CyprusPropertyNews

  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...

• Property sales show signs of recovery

  5-10-2020 CyprusPropertyNews

  Following five successive months of falls in the number of Cyprus property sales, the Department of Lands and Surveys reported a double-digit...

• EU vows to take aim at ‘golden visa’ programmes

  27-9-2020 CyprusPropertyNews

  For years, wealthy Chinese have made investments in Cyprus and Malta in exchange for European Union passports – so-called golden visa...

• Wealthy Britons turn to Cypriot citizenship

  27-9-2020 CyprusPropertyNews

  The number of British entrepreneurs looking to “buy” citizenship from countries offering visa-free access to the European Union has...

• Mixed outlook for real estate

  26-9-2020 CyprusPropertyNews

  BNP Paribas has released its second 2020 report regarding the property market outlook post-pandemic, presenting forecasts about real estate in...

• No deal Brexit strips expats of UK bank accounts

  24-9-2020 CyprusPropertyNews

  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...

• Developers call to end ‘golden passports’ debate

  23-9-2020 CyprusPropertyNews

  The Association of Large Property Developers has called on those engaging in public criticism of Cyprus’ Citizenship for Investment scheme...

• Speed up reviews of complaints against lawyers

  21-9-2020 CyprusPropertyNews

  The backlog of more than 2,000 outstanding complaints against lawyers is a ‘huge problem’ that is tarnishing the image of the legal...

• A passport to due diligence

  15-9-2020 CyprusPropertyNews

  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...

• Cyprus golden passports bonanza

  15-9-2020 CyprusPropertyNews

  The Anastasiades government with a circle of political plotters are sharpening their knives and tongues to oust Mr Odysseas Michaelides the...

• Squeeze on banks to offload property portfolios

  13-9-2020 CyprusPropertyNews

  Cyprus estate agents fear that house prices could be pushed downwards from pressure on banks by the European Central Bank to sell-off property...

• Overseas property sales in decline

  5-9-2020 CyprusPropertyNews

  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...