Author Archives: admin

Another Great review

Testimonial: First of all a million thanks to Richard Parker for making my Egypt investment dream come true. He explained the entire buying process in great detail and put my worries at complete rest. He and his team in Hurghada … Continue reading

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Slump in Turkish Lira leads to increase in Property investment

Istanbul property consultants Universal21.com report a busy month of sales in December with investors taking advantage of a slump in the value of the Turkish Lira against other major currencies. Universal21 highlight recent news from Turkish property developer, Dumankaya which … Continue reading

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Cyprus Property market picks up

INTERNATIONAL lenders believe that the property market will pick up in 2014, according to the chairman of the Cyprus Land and Building Developers Association (LBDA) Pantelis Leptos. The association met with Troika technocrats yesterday to present their estimations regarding the … Continue reading

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Housing loan rates fall in Cyprus

HOUSING loan rates continued their downward trend in December 2013, reaching their lowest level since June 2010. Consumer loans also fell reaching their lowest level in the last five years, official data released on Tuesday show. On the other hand, … Continue reading

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New EU wide Mortgage rules

THE Economic and Financial Affairs Council on 28 January adopted a directive on mortgage credit. The new directive, aimed at creating a single market for mortgage credit, will apply to all loans made to consumers for the purpose of buying … Continue reading

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Overseas Investors investing in Cyprus

Overseas investors in property in Cyprus were a main driver of the hundreds of millions of euros the country managed to bring in during the final two thirds of 2013. According to the latest figures, in the eight months to … Continue reading

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Property professionals in Cyprus have reacted with cautious optimism after new figures reveal the island’s property slump could be on the verge of reversing, news.cyprus-property-buyers.com reports. Whilst the number of new contracts deposited at the Cypriot Land Registry still posted … Continue reading

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UK to work with Cyprus to resolve Title deed issues

THE British High Commission yesterday welcomed a government initiative to coordinate efforts to resolve title deeds problem facing British home buyers here. “We welcome the Cypriot Government’s plans to work towards a solution to the property issues that so many … Continue reading

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Cyprus Rent Bill scrapped

A controversial bill to regulate rents in Cyprus has been scrapped. Parliament decided against the legislation, penned by opposition party AKEL, on the grounds that it went against the principles of the free market, Cyprus Property News reported. The rental … Continue reading

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Overseas investment in Cyprus is on the increase

THIS year has seen a huge increase in the number of South Africans buying property in Cyprus. Cyprus is the third-largest island situated in the Mediterranean and offers a climate similar to SA along with first class medical and education … Continue reading

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