News Archive: 2011: property investment

19, 2011 October:

Cyprus investment scheme investigated by BBC

Earlier this year a team from the BBC travelled to Cyprus to investigate a 500 million pound property ‘scam’ and why advice given to investors by Andrew Laird, chairman of ROPUK Network, may not add up.

17, 2011 October:

Cyprus sales continue to plummet

Property sales volumes continue to plummet in Cyprus, with no let-up in the downward spiral since July 2010. The number of homes being sold is now at a lower level than when the market crashed in 2009.

03, 2011 October:

Cyprus minister gives Oroklini theme park the green light

At last Monday’s meeting, Interior Minister Neoclis Sylikiotis give the green light to the proposed theme park in the Oroklini area, according to reports in the local media.

19, 2011 May:

Cyprus sees increase in foreign property buyers

Some 151 separate contracts were processed at the Cypriot Department of Land and Surveys by overseas buyers during April, it has been revealed.

17, 2011 May:

Spring has sprung for Cyprus tourism market

The island nation reported a whopping 43% rise in tourist numbers last month compared with 2010 figures, revealing a surge in foreign interest that could revitalise its property market.

10, 2011 May:

New Cyprus title deeds 'good news for everyone'

Cyprus’ new title deed legislation can only be good for everyone, according to the managing director of developers Alpha Panareti, Andreas Ioannou.

01, 2011 April:

Cyprus investors evicted after developer default

A group of British retirees have been evicted from their villas in the north of Cyprus after the developer remortgaged their homes without their knowledge and defaulted on the loan.

19, 2011 January:

Property sales rise in Cyprus

In the face of stagnating housing markets across Europe, the newest EU member state has shown a surprising rate of growth.

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