property Archives - Page 18 of 21

Creating a green paradise in your own back yard

With approximately 40% of the land area in Cyprus covered by forest, trees and bushes, our island needs a lot more green, notwithstanding our water shortage situation. The Ministry of Agriculture is

2nd May 2020

Columnists/Comment

COVID19: The pitfalls in agreeing on rent reductions

We are considering what stance to adopt on the proposal submitted by the Traders Association regarding possible rental reductions due to the virus situation. This is not an easy job and it

19th April 2020

Business/Comment

COVID19: Cyprus property market will rebound in 2021

By Panos Danos Supply-side in recent years saw an increasing pipeline of high-priced residences come to the market with values derived primarily from the Cyprus Passport Scheme benefits rather than any Real

11th April 2020

Comment/Property

A sad story for Cyprus real estate

Recent press reports referred to a British buyer who acquired a house from a developer, the developer claimed the buyer did not follow the payment terms and proceeded to unilaterally cancel the

22nd March 2020

Comment

Cyprus real estate stricken by pandemic

Cyprus real estate sector will take a significant hit from the COVID-19 pandemic, as in times of uncertainty investors tend to minimise property transactions, experts argue. With the novel coronavirus threatening to

15th March 2020

Cyprus/Property

Real estate needs to be on political agenda

This is not wishful thinking, but with the prevailing changes in Government, we hope that real estate matters will be better treated with increased care and attention. If we were in charge,

15th March 2020

Business/Comment

COVID19: The cause of a new recession

By Nikolas Ioannou The Coronavirus, also known as COVID-19, originated in China at the end of 2019 and it has been identified as the cause of an outbreak of a respiratory illness,

13th March 2020

Comment

Planting trees add value to real estate

Notwithstanding that 40% of Cyprus is covered with trees and bushes it has a long way to go in upgrading the environmental requirements. To this end, the recent announcement by the Minister

23rd February 2020

Comment/Property

Online auctions helping banks offload properties

Online auction of properties acquired by banks, mainly through debt-to-asset swaps to reduce their toxic loans, have started to take-off as many more are being sold off. A private online platform, BidX1

21st February 2020

Cyprus/Property

New rent law provides grey areas

It was pleasing to hear that, after three postponements, Cyprus MPs have finally voted in the much-awaited amendment to the rent law. The pros of the amendment are the following: First, the

19th February 2020

Comment/Cyprus/Property