property Archives - Page 15 of 21

Cypriots warm to online property auctions

Online auctions of properties once-owned by banks through debt-to-asset swaps are taking off in Cyprus as property management firms see their digital sales grow during the pandemic. A private online platform, BidX1,

5th April 2021

Business/Property

Size matters when buying an apartment

There is great confusion regarding the size of apartments and how this is measured in Cyprus. Each group or developer use their own methodology of calculation, so the unsuspecting buyer does not

3rd April 2021

Comment/Property

Property sales figures can lie

By Pavlos Loizou When the Department of Lands and Surveys released data on sales contracts for January, it struck me the numbers and percentages were presented without analysis, indicating the beginning of

25th February 2021

Comment/Cyprus/Property

Mistakes parents make in transferring property

By Pavlos Loizou The wealth of most Cypriots (those who still have some) is mainly made up of immovable properties and cash. So, when it’s time for them to transfer this wealth

3rd February 2021

Comment/Property

Planning permission needs re-think

Due to the reform and restructuring of municipalities and local authorities, there is great debate on which should be the competent authority for issuing building and planning permits. This subject ought to

30th January 2021

Comment/Property

Cypriot buyers only constant in property market

By Pavlos Loizou The real estate sector poses one of the biggest questions for 2021. The repeal of the Citizen by Investment Programme (CIP), the consequences of the pandemic – economic and

25th January 2021

Comment/Property

Paphos mourns property pioneer Michael Leptos

Michael Leptos, a key figure in the island’s flourishing property development sector, died on Sunday aged 83. The island’s business community and Paphos is mourning the loss of a pioneer who built

4th January 2021

Business

Slaying the common expenses monster

You must be aware of the problems that are created by the unworkable law regarding common expenses and administration of multiple ownership buildings. In addition to the law, the non-payment of the

3rd January 2021

Cyprus/Property

The bottom has fallen out of luxury real estate

By Panos Danos Luxury real estate may see a dramatic downturn next year, as the Cyprus Investment Program is no longer available to foreign investors, plus the pandemic has made market conditions

18th November 2020

Comment/Property

Wining and dining clinches property deals

It is a fact that real estate sales in Cyprus of some value refer to mainly foreign clients, some of the deals are an outcome of the sellers’ hospitality (mainly through food).

25th October 2020

Comment/Property