Property

Etek, Cyprus’ scientific and technical chamber is implementing its participatory budget for a fifth consecutive year, allocating €100,000 in the 2025 budget to fund projects and actions proposed by its members. Each ...

The Cypriot government has approved an additional €12 million for an affordable housing project in Strovolos, the Interior Ministry said this week. The scheme, to be carried out by the Cyprus ...

What it means for landlords and tenants By Pavlos Loizou, CEO of Ask Wire Interviewer: Andreas, whose house is this?  Andreas: Mine.  Interviewer: Who lives in it?  Maria: I do. ...

Cyprus’ property market kept its upward course in the first eight months of 2025, with sales documents climbing 13 per cent year-on-year despite a marginal dip in August.  According to the Department ...

The Cyprus Employers and Industrialists Federation (Oev) has urged lawmakers to speed up work on a long-delayed bill regulating the management of co-owned buildings, warning that the legislation affects thousands ...

Good practice and honesty do not allow a party to vary a term in an agreement that two parties have reached in order to deceive the other party and transfer ...

Many individuals enter into a life insurance contract in which they name a dependent or loved one as the beneficiary in the event of their death. The question that arises ...

Production in the construction sector recorded a monthly decline across the euro area and the European Union in June, according to preliminary data released by Eurostat, the statistical office of ...

Cyprus’ outdated property law allows nationals of third countries to acquire real estate, even as individuals, with little oversight, according to a recent response from the Interior Ministry to parliament.  ...

Cyprus has received more than 560 applications under its new affordable housing schemes since their launch last year, with officials saying the early response from both households and developers points to ...

Cyprus’ construction materials price index recorded a year-on-year increase of 1.19 per cent in July, according to a report released on Monday by the state statistical service. Specifically, the construction materials ...

More than 50,000 property sales in Cyprus have already been transferred to third-country nationals this year, with Paphos taking the lead, Interior Minister Constantinos Ioannou told parliament. Specifically, 53,076 transfers were completed ...

Real estate brokers have expressed cautious optimism about the sector’s performance in 2025, according to consulting firm PwC. In its latest report on the sector, PwC said that brokers are ...

The European Commission has launched a public consultation to develop a new strategy for housing construction as part of the European plan for affordable housing. The Cyprus Chamber of Commerce ...

The highest construction costs in Cyprus’ private sector last year were recorded in hotels, followed by clinics and medical offices, with tourist apartments in third place, according to the Cyprus ...

When the state intends to pay a physical or legal person for a specific reason, such as fees, compensation for services rendered, or a grant, it examines whether the recipient ...

Rental prices in Cyprus have not increased significantly, as the market has successfully managed to balance rising demand, particularly from students, with the addition of new housing units, according to ...

The Cyprus Real Estate Agents Registration Council has successfully concluded its cycle of regional information meetings across all cities in the government-controlled areas of Cyprus. According to an announcement released ...

The Cyprus statistical service (Cystat) on Friday reported a 13.8 per cent drop in the number of building permits issued in April, when compared with the same month last year.  According ...

The government on Thursday conceded that the legislation granting non-EU foreign nationals the right to purchase immovable property is riddled with loopholes, promising to repeal the current law and replace ...

The response so far to the affordable housing schemes has been encouraging, according to Interior Minister Constantinos Ioannou. He also said that the Cyprus Land Development Corporation (Koag) is planning ...

Limassol continued to dominate Cyprus’ high-end property market in the first half of 2025, accounting for six of the ten most expensive transactions nationwide, with a combined value of €105.7 million, according ...

Cyprus’ real estate market remains resilient and in high demand, with a strong start to 2025 confirming last year’s momentum, according to Cyprus Real Estate Agents Registration Council president Marinos ...

Italian fashion icon Roberto Cavalli is making its first move into Mediterranean real estate, unveiling a €200 million collaboration with Leptos Group to launch a 30-storey beachfront tower in downtown Limassol.  ...