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23rd Jan

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Magnificent 3bed Penthouse for Sale Penthouse, Nicosia
€460,000
Magnificent 3bed Penthouse for Sale
Cosy city center apartment  for sale... Apartment, Nicosia
€180,000
Cosy city center apartment for sale...
Beautiful location with breathtaking seaviews Apartment, Limassol
€305,000
Beautiful location with breathtaking seaviews
3 bedroom luxurious 2-level maisonette for sale Apartment, Nicosia
€290,000
3 bedroom luxurious 2-level maisonette for sale
Nicely made and furnished 3-bed Apartment, Nicosia
€195,000
Nicely made and furnished 3-bed
Featured Ground floor 2bed in Archangelos Ground floor apartment, Nicosia
€155,000
Featured Ground floor 2bed in Archangelos

Courts issue 56 debt release orders

Courts issue 56 debt release orders
The Insolvency Service has managed to secure fifty six debt release orders (DRO) for debtors who were unable to repay dues of up to twenty five thousand euro, as a result of the economic crisis. So far 1,019 applications have been submitted from citizens who request a debt write off, head of the Insolvency Service Costas Karotsakis has told the CNA. “Consequently, fifty six families without income or important assets that could be used to repay their debt, have been rid of unsecured debts of up to twenty five thousand euro, both them and their guarantors” Karotsakis noted. As a result of the implementation of the insolvency framework, the economy of Cyprus is placed at the 16th position by the World Bank in terms of insolvency matters, whereas Cyprus ranks 9th among the EU member states. He also said that several cases are pending before the district courts and as a result it is expected that the number of the rulings will increase. However, according to Karotsakis the number of companies making use of the debt restructuring tool is low and as a result only three cases have been led before the courts and one of them has been withdrawn. …

1 month ago

FEATURED FOR RENT

Detached House, Nicosia
€2,900 Per month
5 Bedroom House-Villa in Alambra/Mosfiloti
Apartment, Nicosia
€2,400 Per month
Lovely 3bed Penthouse for Rent
Detached House, Nicosia
€850 Per month
LUXURY HOUSE IN AKAKI WITH NICE GARDEN
Apartment, Nicosia
€1,300
All new property for rent or sale with roof garden
Office, Nicosia
€1,000 Per month
City center offices space in excellent location
Apartment, Nicosia
€1,000 Per month
Modern Luxury 2bedroom flat,furnished on demand


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