Minister chides MPs over sloppy repo bill
Parliament’s enactment last week of a bill impacting foreclosure procedures was ‘sloppy’, Finance Minister Harris Georgiades said on Monday, hinting that the legislative proposal may
Property
Protestors put pressure on MPs over foreclosures amendment
Up to 100 protesters gathered outside parliament on Friday morning while an extraordinary House plenum session was underway inside to vote on a second veto
MPs gather for crucial foreclosures vote
With parliament about to vote on Friday on a second presidential veto on changes to the law of foreclosures, members of the anti-foreclosures association are
MP asks how Nicosia prime real estate lost 95 per cent of its value
Akel MP Irini Charalambides has written to the interior minister wanting to know why a piece of prime-location land in Nicosia has lost over 95
Stark warning from ECB over any changes to law on foreclosures (Updated)
The European Central Bank (ECB) has warned that changing the foreclosures law would have a significant negative impact on the island’s banking system, MPs heard
Interior minister due to visit crumbling Pissouri homes
The interior minister is due to visit the area of Pissouri where an ongoing landslide has destroyed dozens of homes on Thursday morning. Elina Zoi,
House postpones crucial foreclosures vote despite top banker’s warnings (Update 2)
Parliament on Monday rejected one of two presidential vetoes relating to changes to foreclosures legislation, while voting to postpone voting on the other veto. In
Antiquities department, Church to co-operate over new high rise
The Department of Antiquities and the Church of Cyprus have agreed to co-operate over a proposed controversial high-rise project in Geroskipou. The recently uncovered Hellenistic
President vetoes ‘negative’ foreclosures changes (update)
President Nicos Anastasiades on Friday vetoed bills passed by the opposition rendering the foreclosures legislation ineffective and raising the risk of downgrades for the island’s
Choosing the right home insurance among a growing number of players
Given the rising demand for home insurance, which was up by 6.9 per cent in the first quarter of 2019, people should be aware of
Greens call for further investigation into new Larnaca tower
A 22-floor tower has been approved for construction in Larnaca without a relevant environmental impact study being carried out, the Green Party said on Thursday.
First steps taken in Estia debt relief scheme
The first steps have been taken to roll out the Estia debt relief scheme, although applications for the programme will not start until early September.
Pafilia: transforming the property landscape of Cyprus
Pafilia is the largest privately owned residential developer, a family-owned company that has been in business since the late seventies. It emerged from the 2013
‘Sunshine dream in ruins’: Pissouri homeowners’ plight features in UK press
The ongoing plight of homeowners in Pissouri whose homes are crumbling due to a landslide featured in the UK press this week, in an extensive
Cabinet approves debt relief scheme for homeowners
The long-awaited debt relief scheme for vulnerable homeowners was approved by the cabinet on Wednesday and is expected to be fully implemented by the end
Cyprus among few EU countries where house prices fell between 2010 and 2018
Cyprus is among the few countries in the EU where house prices fell between 2010 and 2018, a new Eurostat report published on Wednesday said.
Luxurious residential development incorporates local features and embraces surrounding landscape
The past few years has witnessed a rapid growth of the real estate sector in Cyprus, contributing both directly and indirectly to economic development, attracting
Help for some Pissouri homeowners but no compensation says minister
The government on Monday pledged ad hoc financial assistance to residents of Pissouri whose properties are damaged by the unstable ground there, but stressed that
Owners of crumbling Pissouri homes seek UK media pressure
Homeowners in Pissouri whose homes are crumbling due to a landslide are hoping to see their story highlighted in the British press after they meet
Protesters seek to stop Britons from buying properties in Cyprus
A protest aimed at warning the British public not to buy properties in Cyprus took place on Saturday outside a major property exhibition in