Cyprus Property News

• Cyprus property fraudster convicted

  7-1-2017 CyprusPropertyNews

  Fraudster Sascha Morris who duped Cyprus property investors out of more than £5 million by promising them impossible returns has been...

• Ambitious plan for Larnaca port unveiled

  7-1-2017 CyprusPropertyNews

  A new, ambitious plan for the Larnaca port has been unveiled by the Transport Ministry, which includes a marina to hold 750 50-metre yachts, 50-60...

• Property sales soar?

  5-1-2017 CyprusPropertyNews

  The number of property sales contracts deposited at Land Registries across Cyprus in December was the highest recorded since September 2008...

• Immovable Property Tax unpaid

  3-1-2017 CyprusPropertyNews

  Twenty five owners of properties valued in excess of €3 million at 1980 prices failed to pay their Immovable Property Tax by 27th December...

• Cyprus property taxes in 2017

  31-12-2016 CyprusPropertyNews

  There have been a number of changes to various property taxes in Cyprus in recent times and a summary of the impact of those changes for...

• Our Top 10 stories from Cyprus in 2016

  20-12-2016 CyprusPropertyNews

  An opportunity to reflect on the news and events that helped to shape the Cyprus property market over the past year in our list of Top 10 stories...

• Growing interest in Cyprus property

  19-12-2016 CyprusPropertyNews

  Cyprus is back in the top 10 of the November edition of the property portal TheMoveChannel.com's Top of the Props chart, which records the most...

• More work needed on Title Deeds

  14-12-2016 CyprusPropertyNews

  There is still considerable work to be done on what the EC refers to as "the currently dysfunctional Title Deeds issuance and transfer system" in...

• Swimming pools law to change?

  10-12-2016 CyprusPropertyNews

  Laws and regulations regarding the design, construction and authorisation of swimming pools may soon be revised as part of the package to reform...

• September building permits up 15 per cent

  8-12-2016 CyprusPropertyNews

  The number of building permits authorised by the municipal authorities and the district administration offices during September 2016 stood at 467...

• Debt release orders secured

  8-12-2016 CyprusPropertyNews

  Fifty six debt release orders have been secured by the Insolvency Service for debtors who were unable to repay dues of up to twenty five thousand...

• €40m residential project in Limassol

  7-12-2016 CyprusPropertyNews

  A 40 million Euro residential construction and development project is planned on the coastline of a prime area in Limassol by Russian...

• November property sales up 46 per cent

  5-12-2016 CyprusPropertyNews

  The number of property sales in Cyprus continued their upward trend in November with sales rising by 46 per cent compared to November 2015...

• Unlicensed pool owners in hot water

  5-12-2016 CyprusPropertyNews

  Auditor General Odysseas Michaelides has called on the police to bring the owners of unlicensed swimming pools to justice due to the serious...

• Property management committees (part 1)

  1-12-2016 CyprusPropertyNews

  In the first of seven articles concerning property management committees in Cyprus Panayiotis Peklivana, CEO of P. Peklivana Holdings Limited...

• Cyprus justice subverted by corruption

  1-12-2016 CyprusPropertyNews

  Former ECHR judge has charged that corruption has crept into the Cyprus justice system casting doubt over certain decisions; the judiciary is...

• Tender process launched for Larnaca marina

  1-12-2016 CyprusPropertyNews

  The long-awaited Larnaca marina and port project took a step forward in the week with a request for submissions of interest for the construction...

• ECB argues ‘bad banks’ could reduce NPLs

  25-11-2016 CyprusPropertyNews

  The European Central Bank made the case on Tuesday for having state-backed 'bad banks' buy part of the 1 trillion euros of non-performing loans...

• Slump in Brits buying homes in Europe

  23-11-2016 CyprusPropertyNews

  Britons buying homes abroad have fallen by a quarter compared to a year ago since the EU referendum said Moneycorp's chief executive Mark Horgan...

• How far have Cyprus property prices fallen?

  21-11-2016 CyprusPropertyNews

  In light of the various Cyprus property price indexes that abound at the moment, the director of Sapienta Economics Ltd Fiona Mullen asks the...