Cyprus Real Estate News

MP demands answers for Khmer Riche passports (Thu, 17/10/2019 - 18:03)

Story: Cyprus MP Irini Charalambidou on Thursday demanded answers from the government after Reuters named relatives and allies of Cambodia's leader who acquired Cypriot passports. Read more...

NPLs in Cyprus rise for second month (Thu, 17/10/2019 - 16:45)

Story: Non-performing loans (NPLs) rose for a second consecutive month in May amounting to €8.05 billion with non-performing exposures (NPEs) dropping by €11 million to €10.13 billion, or some 30.8% of total loans. Read more...

Reuters investigates Cambodia Cyprus connection (Thu, 17/10/2019 - 16:21)

Story: Reuters has investigated the link between Cambodia and Cyprus as part of a larger exposé into how relatives and allies of Cambodia's leader, Hun Se, have amassed wealth overseas. Read more...

Airbnb-style rentals bill moves a step closer (Sat, 12/10/2019 - 09:00)

Story: A bill to regulate Airbnb-style short-term rentals moved a step closer following meetings between the heads of Airbnb and booking.com and the Deputy Minister of Tourism Savvas Perdios. Read more...

Weakening property sales (Thu, 10/10/2019 - 13:49)

Story: Cyprus property sales have fallen significantly following the introduction of stricter criteria for acquiring passports in May highlighting the real market's dependence on the 'citizenship by investment' scheme. Read more...

Rise in property sales led by local & EU buyers (Mon, 07/10/2019 - 15:40)

Story: The rise in property sales during September was led by local and overseas buyers from the EU who between them purchased 47 (10%) more properties than September 2018 say official figures. Read more...

Marginal rise in property sales (Sat, 05/10/2019 - 13:30)

Story: September saw a small rise in Cyprus property sales compared to the corresponding month last year according to the latest figures released by the Department of Lands and Surveys. Read more...

Poles with loans in Swiss francs win EU case (Thu, 03/10/2019 - 21:16)

Story: Around half a million Polish homeowners with Swiss franc loans have won their case in the European Court of Justice, which has ruled they can ask the Polish courts to convert their loans into the Polish Zloty. Read more...

RICS Cyprus property price index Q2 2019 (Sat, 28/09/2019 - 11:22)

Story: The RICS Cyprus Property Price Index for the second quarter of 2019 reports that residential prices for houses and apartments increased by 1.2% and 1.4% respectively on a quarterly basis. Read more...

Land Registry values down while prices rise (Fri, 27/09/2019 - 18:09)

Story: 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. Read more...