Cyprus Property News
Dear Landlords, The Paphos Letting Agency specialises in long-term and short-term property rentals in the Paphos area. If you have an empty property that you wish to rent out, please feel free to contact us as we are always looking to increase our property database with our growing number of daily inquiries. You may submit [...]
Category : Cyprus Property News
To all who are part of the Paphos community, or intend on joining us in the near future, apart from finding a place to stay, finding a job is just as important! The Paphos Letting Agency has compiled a helpful list of websites, forums, newspapers, magazines and institutions that will assist you in finding employment [...]
Category : Cyprus Property News
Details of one of the bills designed to resolve the Island’s Title Deed fiasco have been agreed by deputies. This will now be passed to the House of Representatives’ plenum for approval. DEPUTIES mulling legal changes to solve the Title Deeds shambles yesterday agreed on a key provision that would give buyers the right to [...]
Category : Cyprus Property News
Moody’s said the rating could be adjusted downwards prompted by a deterioration in fiscal metrics, competitiveness issues, and the banking sector’s exposure to macroeconomic stress in Greece. INTERNATIONAL ratings agency Moody’s has placed Cyprus’ Aa3 local and foreign currency government bond ratings on review for possible downgrade. In its statement, Moody’s said that the decision [...]
Category : Cyprus Property News
The passage of two of the five bills designed to resolve the Title Deed nightmare have been delayed by a number of questions raised during recent discussions. The complexities of Cyprus Title Deed problem THE House Legal Affairs Committee’s effort to conclude two of five bills that hope to put an end to the title [...]
Category : Cyprus Property News
Landlords and tenants, like cats and dogs, do not always see eye to eye and disputes between the parties occur frequently. Ideally, such disputes are best resolved without recourse to the Cyprus courts as Louise Zambartas explains. DISPUTES between Landlord and Tenant are not uncommon and are most often exacerbated by the differing expectations of [...]
Category : Cyprus Property News
Next year could see the dawning of a new era in the Island’s property market following the introduction of the proposed changes to the property laws; Andreas D. Symeon explains. SOME legal and political events are expected to influence the developments in the beleaguered Cyprus property market in the coming year. Planning amnesty It is [...]
Category : Cyprus Property News
Despite the continued fall in sales over the last six months of 2010, the number of properties sold in Cyprus increased by five percent over the year compared with 2009. FIGURES released this morning by the Department of Lands and Surveys show that a total of 8,170 contracts of sale were deposited at Land Registry [...]
Category : Cyprus Property News
British overseas home owners are facing disastrous financial losses as tumbling prices in overseas real estate markets have wiped an estimated £24 billion off their investments, according to new research. THE INVESTORS Chronicle reports Dubai and Bulgaria as being the hardest hit markets with price falls on investment property haven fallen by 75%. Prices in [...]
Category : Cyprus Property News
The vice president of the Cyprus Association of Valuers and Property Consultants believes that property prices may stabilise in 2011 following falls over the past two years. SPEAKING to Bloomberg recently, the vice president of the Cyprus Association of Valuers and Property Consultants Kyriakos Talatinis said that “In the first half of 2011, home prices [...]
Category : Cyprus Property News
MORE THAN 3,000 workers in the construction industry in Paphos are declaring themselves unemployed, according to the general-secretary of the builders’ section of PEO union, Neophytos Assos. Assos confirmed during an interview on local radio that due to a massive reduction in demand in the construction and building sectors, many people have found themselves without [...]
Category : Cyprus Property News
VISITOR arrivals to Cyprus rose 4.7 per cent in September from a year earlier, exceeding 1.3 per cent growth in arrivals over the first nine months of this year, data from the statistics department said yesterday. Revenues from tourism rose 2.7 per cent in August from a year earlier to €241.1 million and increased 1.7 [...]
Category : Cyprus Property News
