LEGISLATION easing the procedures for property foreclosures may be put to the cabinet for approval by next Wednesday so that it can then go to parliament and be passed within the month, Attorney-general Costas Clerides has said.
He was speaking after meeting with the troika mission heads in Nicosia...
BETWEEN June 2009 and May 2014 the Land Registry issued a total of 62,672 Title Deeds of which a mere 23,182 (37%) have been transferred, while the remaining 39,490 are pending.
The news report, which was published in the Cyprus Weekly, did not reveal how many any of these remaining 39,490 deeds...
A BILL for the Immovable Property Tax to be levied in 2014 was agreed by the Cypriot parliament earlier today with 53 votes in favour and just one against.
Reports coming in say that the tax will be levied as last year (on 1980 property values).
The property tax will be paid by those who have gained...
FOLLOWING the practice of many banks around the world, the Bank of Cyprus plans to launch a website in the next two or three weeks where it will advertise all the property that it owns and wishes to sell.
Needless to say the Cyprus Real Estate Agents Association has objected as it feels its members...
ACCORDING to information allegedly leaked from Parliament, the Inland Revenue Department has recommended that the Immovable Property Tax Act of 2013 be extended for a further year, which would mean collecting IPT based on 1980 values as in the past.
However after some consideration, Parliament has...
