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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:

Click here to view our Greek news articles

  • WHAT RENTS SHOULD LANDLORDS BE AIMING FOR?

    Published on 3rd January 2017

    What income would someone with a €200,000 bank deposit make in a year? Any income would basically come from interest. The €200,000 deposit would actually earn €4,000 based on a 2% interest rate. One has to deduct €1,200 in a 30% defence levy bringing the net amount down to €2,800. The annual yield after deducting taxes rises then to 1.4% (i.e. €2.800/€200.000). If the same depositor…

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  • REAL ESTATE IN CYPRUS – 2016 THE YEAR IN REVIEW

    Published on 30th December 2016

    2016 was an important and fruitful year for the real estate sector in Cyprus. The volume of sales, as indicated by the Lands & Surveys Dept., rose by 30-35% compared to 2015. Property prices based on the two main indexes, (Central Bank of Cyprus and RICS), indicate a stabilization trend with some sectors showing a slight increase and some a slight decrease. Important steps in the right direction…

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  • INVEST IN CYPRUS AND OBTAIN

    Published on 20th December 2016

    The Republic of Cyprus aims to attract high-caliber investors to settle and set up businesses on the island. Cyprus is an ideal investment hub as it offers security and stability, a reliable legal system, highly-specialised manpower and a favourable tax system. Non-Cypriot citizens fulfilling some personal or company investment criteria can apply for Cypriot citizenship. Investors must satisfy one…

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  • More work needed on Title Deeds

    Published on 14th December 2016

      There is still considerable work to be done on what the EC refers to as “the currently dysfunctional Title Deeds issuance and transfer system” in its post-programme surveillance report on Cyprus. THE EUROPEAN Commission’s post-programme surveillance report on Cyprus acknowledges that although some progress on the thorny issue of Title Deeds has been made there is still “considerable…

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  • PRIVATE BUT NOT FORCED AUCTIONS

    Published on 17th November 2016

    FOX Private Auction Until about a year ago forced sales could take place only through the Lands & Surveys Department. Based on new legislation banks can go through with sales using a procedure of their own and without having to involve the Lands Department. Sales based on the new legislation kicked off in June 2016. All these were forced sales and could materialize usually without the owner’s…

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Latest News

14
Feb

Home Buyers Expo by…

One Stop Solution First - ever Expo for property Buying and Financing    When? 23 Feb2018       Where?…
15
Jan

Your guide to Famagusta

Situated on the east coast of Cyprus is Famagusta, also known as Gazimagusa in Turkish and Ammókhostos in Greek. The medieval…
27
Dec

SHOULD THE STATE OFFER…

Due to the fact that citizens are having a tough time finding affordable housing, either to rent or buy, there is an ongoing debate…