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Welcome to Fox Smart Estate Agency news page, here you can view all the latest Cyprus property news from the local experts. So if you want to find our more about the Cyprus real estate industry check out our latest news articles below:

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  • NPLs sale - Will it affect the real estate market?

    Published on 3rd September 2018

    NPLs sale - Will it affect the real estate market? Forecasting the degree to which the sale of Non-Performing Loans (NPLs) will affect the real estate sector is not an easy task. The debate originates from the decision of the Bank of Cyprus to sell 14,024 NPLs to investment funds managed by the international company, Apollo Global Management LLC. The borrowers of the NPLs in the transaction owe around…

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    Published on 1st August 2018

      There seems to be a lot of confusion between owners and tenants as to how and when a rent increase can be implemented. We will try to make clear what governs rents today as ignorance seems to be the cause of arguments that lead cases before courts in many cases. There are two categories of properties/tenants. Sitting Tenants The first involves properties under the rent control legislation while…

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  • Latest Properties for sale in Nicosia

    Published on 26th July 2018

    Cyprus, one of the most beautiful islands on the Mediterranean and the capital of Nicosia (or Lefkosia) is especially one of a kind. With its rich history, many local amenities and its warm climate, it’s no surprise why many people discover Nicosia when looking for the perfect place to live. Check out our latest property for sale in Nicosia for more details. Types of Property in Nicosia Once…

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  • Is having property to rent worthwhile?

    Published on 20th June 2018

    It is widely accepted that rent prices have been on the rise recently. Many tenants are complaining that rents are high compared to their income and are having difficulty making ends meet. Are increased rents though a good enough reason for someone to buy property and rent it out? Analysis We will try to pass on some information to help everybody reach the correct conclusions. Despite the fact that…

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  • Immovable Property Taxes & Fees

    Published on 7th June 2018

      As things stand today, there are about ten different taxations/fees/levies regarding immovable property, paid to different authorities on different dates. The question begging for an answer is if an owner can find a way out of this bureaucracy web, to which we answer, ‘’NO’’.   The restructuring and simplification of what is now in place is possible if we aim for…

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