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Cyprus extends property tax amnesty

Property Showroom 30.10.2012
Cyprus extends property tax amnesty

The Cypriot parliament last week (October 26th) rushed through an amendment to the country's tax amnesty, extending the holiday by 14 months.

Property law loophole losing tax revenue millions

Everyone knows that there are massive loopholes in the island’s antediluvian property laws. Shouldn’t these be plugged before the banks start selling off people’s homes as demanded by troika?

Cyprus property prices and rents fall, says RICS

RICS Cyprus Property Price Index has recorded significant falls across Cyprus’ major urban areas, with prices and rents falling across all districts, according to the results of the eleventh publication of RICS published today.

Cyprus property market buoyed by Chinese buyers

Buyers from China are helping boost the real estate market in Cyprus, with professionals in the property industry reporting an upturn in purchasers from the nation.

Free Tickets to A Place In the Sun Live

Cyprus Propery News 06.07.2012

House Hunting in ... Cyprus

New York Times 20.05.2012
Free Tickets to A Place In the Sun Live

Free tickets are available to the A Place In The Sun Live overseas property exhibition at NEC Birmingham between 28th – 30th September where advice on buying property in Cyprus and many other destinations will be given.

House Hunting in ... Cyprus

A TWO-FAMILY VILLA WITH A POOL IN CYPRUS. 450,000 euros ($585,943) This two-story white stone villa in the picturesque town of Pano Lefkara in south-central Cyprus was built around 1900. A pair of adjoining small houses with a total of four bedrooms, the villa largely retains its original structure, though it has been updated by the well-known Cypriot architect Yiannis Armeftis with a swimming pool and features like a spa room and a courtyard.

Cyprus struggles to shake off the property slump

The Cypriot property market struggles to shake off the slump as property and rental prices have continued to drop.

Cyprus banks taking ‘dramatic measures’ to shift property

The three largest Cypriot banks are taking ‘dramatic measures’ in order to raise enough capital to cover the losses they have suffered as a result of the Greek debt crisis.

Cyprus banks should offload distressed property

Cyprus Property News 19.04.2012
Cyprus banks should offload distressed property

The attempt to reach the capital targets may however not be successful if the banks don’t rush to offload distressed and non-core assets.

Russia urges citizens to refrain from buying property in occupied Cyprus

The Russian Foreign Ministry has warned Russian citizens about the dangers of buying land in the Turkish occupied areas of Cyprus. In a statement at the Interfax News Agency, Deputy Director of Press and Information Department Zacharova Maria, stated that the administration in the Turkish occupied areas of Cyprus, is an illegal state and property purchases should be avoided.


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