MPs on Monday wrapped up discussion of government bills introducing leasing as an alternative method of borrowing, hoping to take the legislation to the plenum by April 7.
Speaking to reporters, the committee’s acting chair Angelos Votsis (DIKO) said efforts to introduce leasing go back a number...
STOCKWATCH carried out a survey recently in which it asked ten estate agents and valuers for their opinion on the prospects for the residential property sector. Although they agreed that 2016 will be the best year since 2008, opinions varied on the speed of a recovery in prices.
Half of those...
Since 2010, house prices in Cyprus were increasing every quarter, and no kind of decline in flat value was ever mentioned. Nevertheless, lately, The Central Bank of the country made an unbelievable announcement, which says, that during the last three months of 2015 the home prices did not change, as...
ALMOST 8,500 buyers whose properties were used as collateral for loans by insolvent developers have applied to have them released, the interior ministry said.
A law allowing ‘trapped’ buyers to have their properties disengaged from developers’ obligations to banks was passed last September....
FOR THE PAST 20 years Paphos has been run by a handful of corrupt lawyers, developers and politicians, the mayor of Paphos has told the Sunday Mail.
“There has been a lot of development in Paphos over the last 20 years, but only for this group’s benefit; I see them as a group of...
