Cyprus Property News Magazine

Contract signed for Cyprus casino resort

Jun 26 2017

Earlier today a landmark deal for Europe's largest casino was signed between the gaming authority and the Melco Hard Rock consortium at the Filoxenia Conference Centre in Nicosia.

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Reprieve for trapped buyers

Jun 24 2017

The Cyprus government has vowed to continue issuing Title Deeds to trapped buyers despite the recent court rulings that left them in legal limbo according to a report in the Cyprus Weekly.

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How many trapped buyers?

Jun 22 2017

Earlier today the Greek language newspaper Χαραυγή (Daybreak) published statistics on the number of trapped buyers unable to get their Title Deeds because of various unpaid developer debts.

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Trapped buyers (update 2)

Jun 19 2017

The House Legal Affairs Committee is meeting today in efforts to resolve constitutional issues with the trapped buyers law. Meanwhile here is sitrep from Marina Massoura from the law firm of L.G. Zambartas LLC.

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Fight for justice in Pissouri ordeal

Jun 18 2017

British High Commissioner, Matthew Kidd, visited affected residents in the devastated Limnes (lakes) area of Pissouri and is reported to have said he will intercede with government.

The post Fight for justice in Pissouri ordeal appeared first on Cyprus Property News Magazine.

Land values also recovering

Jun 14 2017

As home prices enter recovery, so do land values, particularly in Limassol which has already attracted property developers from other coastal areas such as Paphos and Famagusta.

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Property prices rising says Central Bank

Jun 12 2017

Cyprus property prices rose by 0.3 per cent over the fourth quarter of 2016 but fell 0.9 per cent over the year according to the Residential Property Price Index published by the Cyprus Central Bank.

The post Property prices rising says Central Bank appeared first on Cyprus Property News Magazine.

Overseas Cyprus property sales rocket

Jun 12 2017

The surge in Cyprus property sales in May that we reported last Thursday was helped significantly by a more than three-fold increase in sales to the overseas market according to official figures.

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Russian and Arab investors developing land

Jun 10 2017

Russian and Arab investors are buying and developing land in Cyprus with Limassol being their first option according to Marinos Kynegirou, the Chairman of the Cyprus Real Estate Agents Association.

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Strong surge in Cyprus property sales

Jun 8 2017

There was a strong surge in the number of Cyprus property sales during May, with the number of contracts deposited at Land Registries across the island up 59 per cent compared to May 2016.

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