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Securing Your Home
Antonis Loizou, FRICS
Basic list of “things to do” in order to protect your property especially for those house owners/residents which are away for long periods be it for holidays or holiday homes etc since these thieves «inspect» the house prior to the “visit” to ascertain who lives in them and if vacant etc
The Real Criminals are out - Cyprus Economy
Antonis Loizou, FRICS
The Cyprus economy is at the state that it is, due (mostly) to the Bail In, that happened (uniquely) in Cyprus the year 2013. At that time the Government urged the House to approve a taxation on deposits by 6%-9% but the MPs (all of them including the MPs of the Governmental party who abstained) said No and we ended up with the 90% haircut and the disaster that followed and which it is still with us.
Improvement of beach or destruction?
Antonis Loizou, FRICS
We note in the press reports that various Municipalities are altering the beach formulation by demolishing rocks and making the beaches wider for the bathers and more accessible, in addition to the access for invalid people etc. The reports refer to small beaches, especially at the Protaras area and we assume that the reporters have visited the places before and after (doubtful). It is just good to repeat the facts mind you.
Seasonal Houses & Preparation for Occupation
Antonis Loizou, FRICS
Very few people bother to have their home prepared expecting that everything is okay. What is unfortunate is that if something goes wrong, technicians are nowhere to be found during the summer season, especially during the months of July-September, whereas their charges are at the peak.
Ayia Napa on the Up? - A Small Municipality with a Big Vision
Antonis Loizou, FRICS
We must report the developments that are under way at the Ayia Napa Municipality. This is a very small Municipality with approximately 2.700 locals and with approximately 500.000 tourists during the summer season.
Who will pay the compensation? Natura Vs Affordability
Antonis Loizou, FRICS
Some people forget the provision of the Cypriot constitution which stipulates that “any decisions by the Government which reduces the economic value of the property the affected owners should be compensated”
Can we argue with the Lands Office?
Antonis Loizou, FRICS
It appears that there is an increasing rate of title issue and this without the affects of the Building Amnesty. Be it with some years delay (approximately 4-7 years after completion) titles are being issued. This positive development has brought up at an increasing rate some problems that are related to the transfer of property
Real Estate Bonanza to stop?
Antonis Loizou, FRICS
The fact that we are a self-destructing country is beyond discussion since our past history over the years proves this
For Sale Real Estate - A difficult route
Antonis Loizou, FRICS
Although real estate development is a major contribution of foreign income in Cyprus, we are well behind in the methods and procedures adopted for sale of real estate from other more advanced economies.
The Era of skyscrapers and the old testament
Antonis Loizou, FRICS
Over the last year, the first skyscrapers in numbers appeared in the Cyprus horizon and we must say that in total they are quite impressive. The fast rate of sale, in most cases is in cash without loans is encouraging others to follow. As an estimate there are in the market and those on the pipe line in the immediate future, in total approximately 1.000 units (all over Cyprus). The vast majority of these buildings are in Limassol, but two more are under way in Nicosia (and one pending), as well as one in Paphos and one in Larnaca.

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