Cyprus property Blog and News

  • THE STATE – government and parliament – has failed miserably over the Title Deeds issue, Interior Minister Socratis Hasikos said yesterday, as Cyprus scrambled to clear a backlog of more than 23,000 applications before the end of the year. Speaking before the House Watchdog Committee, Hasikos...
  • THE Executive Board of the International Monetary Fund (IMF) has completed the fourth review of Cyprus’s performance under an economic program supported by a three-year, approximately €1 billion extended arrangement under the Extended Fund Facility (EFF). The completion of this review enables...
  • PRIVATELY owned land in Cyprus is worth some €200 billion, Interior Minister Socratis Hasikos said on Wednesday, announcing the completion of the process of updating immovable property values as part of the island’s bailout agreement. “It appears we have private property worth a total of...
  • ALTHOUGH numerous reports about an out of court settlement reached between a bank in Cyprus and a group alleging they were mis-sold Swiss Franc loans to purchase property on the island have appeared in the British and Cyprus press, no details of the settlement have been reported. Since the articles...
  • WHILE four of the five big marina projects in Cyprus property have been stalled by legal battles and bureaucracy, the Limassol marina was officially opened yesterday. During his address, President Anastasiades said that the new state-of-the-art project would place Cyprus on the map,...
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