property Archives - Page 19 of 21

Strong demand for rental properties in Cyprus

As property sales slow in Cyprus’ residential sector, buy-for-rent is breathing new life into the real estate market as it is now proving very attractive for investors. Danos’ CYPRUS PROPERTY MARKET 2019

18th February 2020

Business

Incentives for affordable housing need a re-think

It is a fact that there is a shortage of suitable housing units to let as a result of which rental levels have increased over the last couple of years by 20%-30%

16th February 2020

Comment/Property

Limassol building permits reached €1.8 bln in November

Cyprus building permits issued by local authorities during January-November 2019 increased by nearly 11% with their total value spiking 74% compared to the same 11-month period of 2018. According to official data,

13th February 2020

Cyprus/Property

Cash-rich banks stockpiling real estate

Cash-rich banks are stockpiling properties as they turn to buy real estate linked to mortgages of defaulted borrowers as banking institutions dominate the property market. After acquiring properties through debt to asset

9th February 2020

Cyprus/Property

Nicosia tops the league in property sales

Nicosia has climbed to the top of the property sales league after 7 years of lagging behind Limassol which dominated the market ever since the citizenship for investment scheme took off in

5th February 2020

Cyprus/Life & Society/Property

Access to detailed property sales data is vital

The Department of Lands & Surveys is the recipient of a lot of information regarding sales and other matters relating to real estate. Since the publication of the basic statistics a few

2nd February 2020

Columnists/Comment/Cyprus/Property

Banks not helping young couples climb property ladder

Land developers argue that liquidity-rich Cyprus banks are making life difficult for young couples who want to buy a first home by denying them a loan. As developers are relying more on

29th January 2020

Cyprus/Life & Society/Property

New rent law gives landlords more power over bad tenants

Cyprus’ Parliament on Friday approved an amendment to the rent control law making it easier for landlords to evict tenants who fall into arrears or deliberately don’t pay their dues. A majority

24th January 2020

Business/Life & Society

New rent law provides eviction process within 35 days

Parliament is set to approve an amendment to the rent control law on Friday that makes it easier for landlords to evict tenants who fall into arrears or deliberately don’t pay their

23rd January 2020

Business/Life & Society

When reason and building permission don’t mix

By Antonis Loizou From time to time it comes to our attention either through our own experience or through information from our readers, various situations that can only be described as “odd”.

19th January 2020

Columnists/Comment/Cyprus/Property