Cyprus property Blog and News

  • CYPRIOT authorities believe that the next bailout tranche of the rescue plan will be disbursed soon while Troika has already scheduled the next visit to Cyprus, although the foreclosures law has not yet been voted by the Parliament. The Ministry of Finance expects that the fifth tranche of the...
  • THE MAJORITY of parliamentary parties decided on Monday to press ahead with two bills suspending the entry into force of repossessions-related legislation – but crucially omitted to fix a date for their move. DIKO MP and House finance committee chairman Nicolas Papadopoulos confirmed the two items...
  • The Houses of Parliament (photo by Adrian Pingstone) THE ASSOCIATION of International Property Professionals (AIPP) took its battle to establish standards for the industry – and more safety for consumers – to Westminster last week. The occasion also saw a new free legal advice service to...
  • KEY ASPECTS of the new repossessions legislation are for the time being unenforceable, the attorney-general has said. In a letter dated November 19 addressed to the finance ministry and later forwarded to parliament, AG Costas Clerides noted that certain provisions of the law – enacted in...
  • ACCORDING to Nigel Howarth, a Limassol based property advisor, who offers independent information and advice for Cyprus homebuyers and property investors, the lecture will focus on the efforts being made by the authorities to accelerate the issuance of title deeds and complications that have arisen...
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