Land Registry values down while prices rise

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Land Registry values down while prices rise
 © CyprusPropertyNews 2019
The Cyprus Land Registry has come under attack over its valuation of properties on the island and while its 2018 valuations are lower than those in 2013, property prices continue to rise.

Recently, the Cyprus Land Registry has come under attack over its valuation of state-owned land in Nicosia. One piece of prime real estate in central Nicosia, which was valued at €70 million in 2014, was recently re-valued at €5 million.

Another plot in Nicosia, which was set to be sold to Qatari interests in 2012 but the deal fell through, was valued at...


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Land Registry values down while prices rise


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Article Tags: registry, values, while, prices,