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Cyprus News:

Limassol Marina puts Cyprus on the yachting map

The Limassol Marina has made history as the first full service marina in Cyprus to welcome and accommodate superyachts...

Cyprus property prices remain ‘stable’, says expert

Despite the economic woes in Cyprus, housing market conditions remain relatively healthy, with prices stable and lots of opportunities for the development of the Cypriot real estate market in tourism, according to the World President of the International Real Estate Federation (FIABCI), Flavio Gonzaga Nunes...

Brits face 'unpayable' loans after buying property in Cyprus

The first provisional trial dates have been set for UK buyers of property in Cyprus who were missold Swiss Franc mortgages, were ‘misled’ by their solicitors and are now facing demands for huge mortgage payments, threats of UK litigation and the very real chance of losing their UK homes...

British couple enjoy a better life living in Cyprus

Expats John and Claire Walters were waiting to move into their new home in Cyprus when the banking crisis hit in March, but proof that many expats have been unaffected by the island’s economic problems, the couple are now happily settled into their bungalow and loving life on Aphrodite’s Isle...

Plans to make homebuyers in Cyprus pay for title deeds

People who buy property in Cyprus may soon have to pay real estate tax before being able to get hold of their title deeds, if government plans are approved...

Shock in Cyprus as savers face bailout levy

A ‘tax on savings’ as part of a proposal to help secure IMF, ECB & EU funding for Cyprus has been seen as a complete contravention of the ‘deposit insurance agreement’ signed by all EU countries in October 2008...

Cyprus property price continue to fall

Despite a rise in the volume of homes in Cyprus being snapped up by foreign buyers, property prices in the country continue to fall...

Cypriot property market slump continues

Cypriot property prices continued to fall during the second quarter (Q2) of this year, according to the Cyprus Central Bank’s latest Residential Property Price Index...

Cypriot property prices fall in Q2

Residential property prices in Cyprus continued to fall during the second quarter of this year, according to the latest Cyprus Index compiled by the Royal Institution of Chartered Surveyors (RICS)...

Cyprus property prices still falling

Residential property prices in Cyprus continued to fall during the first quarter of 2012, albeit at a slower rate, according to the latest data from the Central Bank...

Cyprus seeks emergency funding from Europe

Cyprus has become the fifth eurozone country to ask for financial aid from Europe and analysts expect the bailout to be in the region of €10bn (£8bn) Despite the fact that Cyprus is the eurozone’s third smallest economy, by seeking up to £8bn in aid - which equates to over half the size of their economy - will put them alongside the other countries that have all sought additional finance; Spain, Portugal, Greece and Ireland...

Ayia Napa to benefit from new marina

Plans for a long awaited marina in Ayia Napa, Cyprus, have been approved almost 20 years after the scheme was initially proposed...

Cyprus property sales increase again

Domestic activity in the Cyprus property market increased for the second consecutive month in January 2012, but the volume of overseas nationals buying properties in the country continued to fall, official figures show...

Natural gas discovery could fuel growth in Cyprus

With Cypriot property sales at an historic low and home prices generally cheaper, now could actually be the perfect time to negotiate a discounted home in Cyprus...

Cypriot property prices expected to fall further in 2012

With Cypriot property sales at an historic low, home prices on the Island will almost certainly fall further next year, presenting prospective homebuyers with opportunities to negotiate a bargain priced home in Cyprus...

Cyprus property transfer fees scrapped

In a bid to stimulate fresh interest in the Cyprus property market, the country’s government has agreed to lower the cost of homeownership, including the abolishment or reduction of Property Transfer Fees...

Cypriot property sales continue to fall

Residential sales transactions in Cyprus continued their downward decline in September, decreasing for the fifteenth consecutive month, with a fall of 11...

Higher level of demand for properties in Cyprus

There has been a staggering 56.5% jump in the volume of online searches from Russian investors looking to buy a home in Cyprus, according to Yandex, Russia's largest overseas property search engine...

Deadline for title deeds amnesty in Cyprus nears

If you are one of the many still waiting for your ‘final certificate of approval’ with regard to your title deeds, then a recent change in the law in Cyprus may help you...