Cyprus Real Estate News

EC asks Cyprus to comply fully with EU law (вс, 18/08/2019 - 22:10)

Story: The European Commission asked Cyprus to fully comply with EU rules designed to protect consumers from unfair contract terms on 25 July, giving Cyprus two months to reply to the arguments raised. Read more...

Foreign demand for Cyprus property slumps (пт, 16/08/2019 - 14:56)

Story: Demand for Cyprus property by non-EU nationals has fallen, but it's unclear whether this is due to the stricter controls imposed by government following criticism by the European Union. Read more...

House prices rise 0.8 per cent (вт, 13/08/2019 - 11:43)

Story: The Cyprus house price index (HPI) rose by 0.8 per cent in the first quarter of 2019 and by 4.3 per cent on an annual basis according to a preliminary estimate by the Cyprus Statistical Service (CYSTAT). Read more...

Building permits authorised for 907 new homes (пт, 09/08/2019 - 12:26)

Story: Building permits authorised in Cyprus during May 2019 provided for the construction of 907 new homes, compared with 541 in May 2018 according to official figures published by the Cyprus Statistical Service. Read more...

New criteria for passport scheme (чт, 08/08/2019 - 09:38)

Story: New criteria for those wishing to obtain a Cyprus passport through the much criticised citizenship by investment scheme will come into force next week and will include due diligence checks on applicants. Read more...

July property sales hold steady (пн, 05/08/2019 - 21:15)

Story: The number of Cyprus property sales during July was the same as the number sold in July 2018, with sales falling in all districts with the exception of Larnaca according to statistics from the Department of Lands & Surveys. Read more...

Foreclosures highlight we are the eternal victims (вс, 04/08/2019 - 13:51)

Story: A personal view on foreclosures, the banking system and the Cypriot mentality of never taking responsibility for actions & decisions by 'Patroclos' a regular contributor to the Sunday editions of the Cyprus Mail. Read more...

Compromise foreclosures bill passed by MPs (пт, 02/08/2019 - 18:04)

Story: MPs have accepted the presidential veto on changes to the foreclosures law and agreed a compromise proposal to protect vulnerable borrowers enabling them to seek recourse through the financial ombudsman. Read more...

Pissouri landslide victims offered no compensation (пт, 02/08/2019 - 10:33)

Story: Interior Minister reported to be angry with British victims of Pissouri landslide for complaining to the Cypriot and British media and offers no compensation to those affected; many homes now unfit for habitation. Read more...

Blunt warning on foreclosures law changes (чт, 01/08/2019 - 21:56)

Story: Adjustments to the law on foreclosures could have "significant negative impact" on the Cyprus banking system warns the European Central Bank (ECB) in an email to the Central Bank governor. Read more...