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Welcome to the property in Cyprus community. If you have any interest or involvement in the Cyprus property market then we strongly urge you to look through what our property community can offer you. On offer, for FREE, is Cyprus Property News, Cyprus Property Forums, Blogs and a property for sale in Cyprus marketplace. Use this page as your starting point to see the latest news, read the latest forum comments, view recent Cyprus blog posts and browse the Cyprus Property marketplace. |
Campaigners in Cyprus are to hold a series of demonstrations aimed at trying to force the banks to reveal details of mortgages taken out by property developers at the heart of the title deeds scandal.
Tens of thousands of owners and real estate investors on the Mediterranean island don't have legal titles because developers mortgaged the land to get money to build and they claim that they were therefore duped.
Last Updated ( Wednesday, 09 December 2009 06:03 )
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The number of properties sold in Cyprus has declined dramatically so far in 2009 especially to foreign buyers, the latest statistics show.
Sales of real estate to foreigners have gone down an astonishing 76%, the figures from the Land Registry show. Sales to Cypriots are also down by 28% in the first ten months of this year. Overall all sales are down by 52% compared with last year.
Last Updated ( Wednesday, 09 December 2009 06:06 )
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Residential property prices in towns and cities in Cyprus have fallen by more than 10% as the real estate downturn spreads beyond the prime tourist areas, according to local industry experts.
Lakis Tofarides, president on the Cyprus Land and Building Developers Association said that the global financial crisis has not only seen holiday home prices plummet but had a knock-on effect on the local housing market.
Last Updated ( Friday, 02 October 2009 12:58 )
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More details of the Cyprus government's proposals to solve the Mediterranean island's property title saga have been revealed.
Its draft bill sets out the case for an amnesty for illegal buildings. Where they do not affect the interest of nearby properties a special committee will give permission for title deeds to be granted.
Last Updated ( Friday, 25 September 2009 09:38 )
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