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The Arab Countries Relations & Cyprus Real Estate
Antonis Loizou, FRICS
It is a fact that Cyprus from time to time benefits from the misfortunes of others. Its geographical location, as well as its religion and its taxation system, have helped this country and played a large part of its economic “success”.
15/01/2012
Managing the Electricity Bill
Antonis Loizou, FRICS
You must have noticed that the electricity bill has shot up over the recent months by approximately 20% and the signs are that it will continue to rise. The electricity bill has now come up as a priority in a household’s expenses, sometimes even surpassing the rent of a unit.
08/01/2012
Confusion over Estate Agents Commission
Antonis Loizou, FRICS
Each country has its own mode of operation regarding estate agency. In Cyprus there is the Estate Agents Law which regulates most items, but yet people coming from different countries have their own country’s system, which, at times, creates confusion.
01/01/2012
Municipal Elections + E.U. Citizens
Antonis Loizou, FRICS
We are pleased to note several individuals and groups of foreign E.U. people that are contesting the Municipal Elections. We were concerned that bearing in mind the goings on (see our last article on Illegalities + Votes) the situation is so bad, especially in the smaller Municipalities with the “connected” families and “coumbaros” voting, we need outsiders, unconnected with political parties, as a breath of fresh air in a stale and at times aggravating situation. We have reported 3 weeks ago only a couple of illegalities by the Municipalities (Paralimni + Peyia).
18/12/2011
Rent Control Laws - An Archaic Measure?
Antonis Loizou, FRICS
Most European countries had adopted in the past, various measures in order to protect tenants from the landlord’s unreasonable demands for rental increases and eviction for repossession. These Rent Control laws have been abolished in most countries, but, Cyprus still adopts these rather archaic requirements.
11/12/2011
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