Cyprus Property News

• Call to reduce non-performing loans

  31-3-2018 CyprusPropertyNews

  The International Monetary Fund (IMF) has called on the Cypriot authorities to amend the foreclosures and insolvency laws to tackle the very high...

• High-end Cyprus property sales boom

  28-3-2018 CyprusPropertyNews

  PwC Cyprus reports that 260 high-end properties in Cyprus (in excess of €1.5 million) were sold during 2017, which contributed to the wider...

• Peyia sea caves media reports

  25-3-2018 CyprusPropertyNews

  The desecration of the sea caves area of Pegeia in Paphos on the west coast of Cyprus by the construction of so-called luxury properties, villas...

• Cyprus Property Transfer Fees and VAT

  25-3-2018 CyprusPropertyNews

  MPs in Cyprus are planning to revise Property Transfer Fees and the VAT paid on land sales to eliminate distortions in the Cyprus property market,...

• Call for efficient title deeds system

  24-3-2018 CyprusPropertyNews

  The European Commission and the European Central Bank has called on the Cypriot authorities to establish an efficient title deeds issuance and...

• Limassol in top 100 world cities

  21-3-2018 CyprusPropertyNews

  Limassol is amongst the top 100 cities of the world according in the 'Quality of Living Index' produced by Mercer, one of the world’s largest HR...

• Troika back in Cyprus

  21-3-2018 CyprusPropertyNews

  Representatives from the troika of Cyprus' international lenders, the IMF, EC and the ECB, have been in Cyprus since Monday conducting a fourth...

• Paphos marina decision soon

  21-3-2018 CyprusPropertyNews

  A decision on Paphos marina, which has been stalled by bureaucracy and delayed by legal battles since an initial study was carried out almost 30...

• Tempers run high at sea caves meeting

  20-3-2018 CyprusPropertyNews

  Tempers ran high at a Peyia sea caves meeting with the mayor Marinos Lambrou telling Astra Radio that a war had been declared war against the...

• Measures to protect sea caves

  16-3-2018 CyprusPropertyNews

  The Cyprus Minister of Agriculture, Costas Kadis,will announce twenty measures to resolve an on-going debate over developments near the...

• Determined action over Title Deed fiasco

  15-3-2018 CyprusPropertyNews

  AKEL has seized the initiative to settle the long-standing Title Deed cum fraud mess with proposals that provide trapped buyers to obtain the...

• Measures to tackle non-performing loans

  14-3-2018 CyprusPropertyNews

  The Commission is today proposing an ambitious and comprehensive package of measures to tackle non-performing loans in Europe, capitalising on the...

• Sea caves desecration continues

  14-3-2018 CyprusPropertyNews

  The construction of so-called luxury properties in the sea caves area of Pegeia in Paphos has infuriated many in the village as the desecration of...

• Pissouri homeowners running out of hope

  11-3-2018 CyprusPropertyNews

  Property owners in the devastated lakes (Limnes) area of Pissouri are still waiting for the government to fulfil its promise to pay for sorting...

• Permits for new homes down 18 per cent

  9-3-2018 CyprusPropertyNews

  The number of new homes in Cyprus for which building permits have been issued fell by 18.1 per cent in December 2017 compared to December 2016...

• Strong growth in property sales (Update)

  6-3-2018 CyprusPropertyNews

  The strong growth in Cyprus property sales continued in February with the number of properties sold rising in all districts (with the exception of...

• Citizenship schemes pose major corruption risk

  5-3-2018 CyprusPropertyNews

  Citizenship and residence-by-investment schemes, commonly referred to as ‘Golden Visa’ programmes, are vulnerable to abuse and undermine the fight...

• Strong growth in property sales

  5-3-2018 CyprusPropertyNews

  The strong growth in Cyprus property sales continued in February with the number of properties sold rising in all districts (with the exception of...

• Cyprus passport sales revealed

  28-2-2018 CyprusPropertyNews

  Following questions raised by Giorgos Perdikis concerning the transparency of the citizenship by investment aka passport for cash scheme the...

• Local authorities delaying title deeds process

  22-2-2018 CyprusPropertyNews

  The title deeds process is being delayed by the local authorities who need to decide what type of certificate to grant to properties depending on...