T. Sarikas - Cyprus Real Estate Blogspot!
Welcome to T. Sarikas Property Professionals - Cyprus Real Estate Blogspot, Paphos.


Property revenue down 70 per cent in last five years

British developer jailed on illegal land charges in Cyprus

We will get your Title Deeds for a price
A number of organisations have contacted buyers who have yet to receive Title Deeds for their property offering to apply for their issuance under the recently passed ‘Town Planning Amnesty’ laws.

Guilty of tax evasion unless you prove otherwise
The Land Registry is effectively finding you guilty of tax evasion and defrauding the state of much-needed tax revenues if it inflates the amount you have paid for your property when calculating your property transfer fees.

Foreign currency mortgages turn sour
Buyers advised to take out home loans in Swiss francs to buy property in Cyprus are struggling to repay and face repossession and ruin as exchange rate movements send their mortgage repayments soaring.

Market stagnant despite price cuts
The global recession, the Title Deed fiasco, greed, stricter bank lending criteria and high interest rates blamed for stagnant property market as plummeting house prices fail to ignite sales.

Property prices and rents continue to fall
Real estate prices across the island continued to fall during the first quarter of 2011 according to the sixth issue of the RICS Cyprus Property Price Index, with house and apartment prices dropping by an average of 1.6% and 0.9% respectively over the quarter.

Buying a House or Property in Cyprus
