CyprusPropertyNews
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VAT break for young couples buying land for first homeYoung couples buying land for their first home in Cyprus may only pay 5 per cent VAT on its purchase price rather than 19 per cent under a draft...
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Non-performing loans (NPLs) initiativeFollowing comments from the troika on the extremely high levels of non-performing loans (NPLs) the Cyprus government is preparing proposals to...
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Limassol rent rises spiral upwardsProperty rents in Limassol have increased by around 25 per cent over the past two years, much higher than other cities in Cyprus resulting in many...
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Cyprus property revaluations underwayCyprus properties are being revalued by the Department of Lands and Surveys to reflect their 2018 values; the revaluation exercise was announced...
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Cyprus house prices up 2.7 per centThe Cyprus house price index (HPI) rose by 2.7 per cent in the fourth quarter of 2017 and rose 2.4 per cent on an annual basis according to a...
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Cyprus construction NPLs highest in EuropeThe percentage of non-performing loans (NPLs) linked to the Cyprus construction industry are the highest in Europe according to a press release...
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Land Registry & Property Transfer FeesIn Cyprus, Property Transfer Fees are the local equivalent of the UK's Stamp Duty Land Tax (SDLT), is a tax that is paid by a purchaser when they...
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January new home permits up 25 per centThe number of new homes in Cyprus for which building permits have been issued rose by 24.9 per cent in January 2018 compared to January 2018...
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Impressive growth in Cyprus property salesThe impressive growth in Cyprus property sales continued in March with the number of properties sold rising in all districts (with the exception...
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Energy saving grant schemeThere are opportunities for those living in Cyprus permanently to increase the energy saving of their homes through the "I Save I Upgrade" grant...
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Sea caves destruction blockedThe Cyprus Minister of Agriculture has blocked the building permit for the construction of a five-star hotel, residences and villas with swimming...
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Call to reduce non-performing loansThe International Monetary Fund (IMF) has called on the Cypriot authorities to amend the foreclosures and insolvency laws to tackle the very high...
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High-end Cyprus property sales boomPwC Cyprus reports that 260 high-end properties in Cyprus (in excess of €1.5 million) were sold during 2017, which contributed to the wider...
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Peyia sea caves media reportsThe 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...
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Cyprus Property Transfer Fees and VATMPs in Cyprus are planning to revise Property Transfer Fees and the VAT paid on land sales to eliminate distortions in the Cyprus property market,...
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Call for efficient title deeds systemThe European Commission and the European Central Bank has called on the Cypriot authorities to establish an efficient title deeds issuance and...
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Limassol in top 100 world citiesLimassol 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...
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Troika back in CyprusRepresentatives from the troika of Cyprus' international lenders, the IMF, EC and the ECB, have been in Cyprus since Monday conducting a fourth...
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Paphos marina decision soonA decision on Paphos marina, which has been stalled by bureaucracy and delayed by legal battles since an initial study was carried out almost 30...
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Tempers run high at sea caves meetingTempers 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...
Trending Cyprus News
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British couple found dead in GeroskipouA British couple were found dead at their property in Geroskipou on Saturday evening according to reports on local news site ANT1. According to...
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Volunteers for annual Cyprus clean-up to top 40,000This year’s ‘Let’s do it Cyprus’ clean-up campaign has reached its target of more than 40,000 volunteers before it has even started, Environment...
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Everything Is for Sale in Cyprus, and China’s BuyingThe heavy scent of citrus blossom hung outside the Hilton Park hotel in Nicosia, Cyprus, where about 100 small-business owners, lawyers,...
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Venomous snake found in Limassol school yardA group of school students in Limassol got the surprise of their life when they found a venomous snake within the school grounds. A snake...
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Underage driver caught after car chasePaphos police on Sunday stopped a 13-year-old boy driving a car with a 15-year-old as passenger. The underage driver was signalled to stop...
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Two women attacked by Rottweilers in Kato PaphosTwo women were attacked and bitten by Rottweilers on Sunday evening whilst walking in Kato Paphos. According to the police, the two women aged...
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Protesting hunters block roundaboutHundreds of hunters, members of the newly-established Movement of Cypriot Hunters, blocked the highway at the Rizoelia roundabout, outside...
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Elderly woman found dead, bound and gagged in her bed in...An elderly woman has been found dead bound and gagged in her bed in Aglandjia in Nicosia in what appears to have been a burglary, reports...
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