Cyprus Real Estate News

No more mockery it’s a landslide (Sun, 21/04/2019 - 18:33)

Story: The Pissouri Housing Initiative Group (PHIG) have issued a news release 'No more mockery, it's a landslide', in response to the Auditor-General's comments that the state had no obligation to compensate homeowners. Read more...

Solution for trapped buyers edging closer? (Thu, 18/04/2019 - 16:04)

Story: Amendments to the law designed to resolve the Title Deed mess by enabling trapped buyers who were duped into buying homes on land their developer had earlier mortgaged to the bank to obtain their Title Deeds are edging closer to a vote my MPs. Read more...

Angry Pissouri residents block highway (Sun, 14/04/2019 - 19:28)

Story: Pissouri residents blocked the Limassol Paphos highway to protest over the government's delay in compensating homeowners whose homes are being destroyed by the landslide to the south east of the village. Read more...

Cyprus real estate investment: prospects & risks (Sat, 13/04/2019 - 15:37)

Story: The figures, trends and the state of the Cyprus real estate market over the last few years are a clear indication that Cyprus is becoming more and more interesting for property investors. Read more...

EU reports Cyprus house prices up 3.5 per cent (Thu, 11/04/2019 - 18:21)

Story: House prices in Cyprus rose 3.5 per cent in the fourth quarter of 2018 and by 1.6 per cent year-on-year according to Eurostat, the statistical office of the European Union, in its latest news release. Read more...

Claims of one-sided property valuations (Wed, 10/04/2019 - 12:13)

Story: Allegations over one-sided property valuations in which the banks are undervaluing properties used in loan restructuring cases have been heard by members of the House Commerce Committee. Read more...

New homes in Cyprus up 15 per cent (Tue, 09/04/2019 - 13:53)

Story: The number of new homes in Cyprus for which building permits were issued rose by 15.1 per cent in January 2019 compared to January 2018 according to the Cyprus Statistical Service. Read more...

Cyprus hotels pushing for Airbnb legislation (Sun, 07/04/2019 - 14:35)

Story: The Cyprus Hotel Association is pressing MPs to pass a bill regulating Airbnb type rentals that has been on the table for nearly a year to combat what hoteliers consider as unfair competition. Read more...

Is the Cyprus property market softening? (Tue, 02/04/2019 - 20:38)

Story: There was a marginal fall in the number of Cyprus property sales during March compared to March 2018 according to official figures published by the Department of Lands and Surveys. Read more...

Properties without Title Deeds give banks headaches (Mon, 01/04/2019 - 14:49)

Story: Developers who didn't follow the rules are giving the banks headaches as a number of repossessed properties and homes without Title Deeds are now re-entering the property market. Read more...