Property

The Cyprus Property Developers Association met with the Department for Town Planning and Housing this week to address concerns about the compensatory measures for granting planning permits, particularly regarding the ...

Limassol’s Ariel Cinema, a historic site long out of use, is set to be transformed into a 19-storey mixed-use tower following approval from the environment department. Dating back to 1966, ...

Building permits in Cyprus saw a sharp decline in July 2024, with only 97 permits authorised, it emerged on Wednesday. This marks a stark contrast to the 604 permits issued in July 2023, according ...

Spain’s decision to impose steep taxes on non-EU property investors using platforms like Airbnb has sparked debate over whether countries like Cyprus and Greece will benefit from the shift ...

The housing plan offering financial assistance to young couples under 41 has been relaunched with improved criteria, Interior Minister Constantinos Ioannou announced on Wednesday. Following a cabinet meeting, Ioannou explained that ...

State-owned asset management company Kedipes this week provided updates on the implementation of the mortgage-to-rent scheme, revealing that approximately 25 rental agreements have been signed. In addition, the company said that ...

The Construction Production Index in Cyprus reached 110.92 points in the third quarter of 2024, with 2021 acting as the base year set at 100 points. This marks a 6.5 per cent increase compared to ...

Andreas Demetriades, chairman of the Association of Large Investment Projects, emphasised the critical role of foreign investment in Cyprus’ development sector during the 2025 forecast presentation this week. He stated that ...

One of the biggest problems in the development of real estate in Cyprus is a lack of roads in development areas. There are extensive areas of land within development zones ...

The rule of law presupposes the employment of a sufficient number of judges who are able to provide results to the citizens who go to court to resolve disputes or ...

The Housing Price Index (HPI) in Cyprus rose by 2.7 per cent in the third quarter of 2024, compared to the same period in 2023, marking the eleventh consecutive quarter of annual growth. ...

Nicosia and Larnaca led the way in Cyprus’ property market in 2024, driving a 1.5 per cent overall increase in sales documents compared to the previous year, according to data from the ...

The Cypriot property market fared well in 2024 despite challenges, which are expected to continue into 2025, according to Cyprus Real Estate Agents Registration Council president Marinos Kineyirou. Speaking to local outlet ...

The exercise of the right by a debtor to choose and determine for which debt he makes a payment binds the creditor who accepts it and they must allocate it ...

Although people may complain about the rising prices, Cyprus’ real estate market is still an ideal sector to invest for long-term security and prosperity, said Yiannis Misirlis, chairman of the ...

After all the excitement of the Christmas and New Year celebrations, January can be sort of a let down! Not a lot to look forward to unless you are a ...

Cyprus’ ten most expensive property sales during November reached a total value of €24 million, according to real estate analytics firm Ask Wire. The highest-value sale occurred in Limassol, involving offices ...

Everyprospective buyer must conduct due diligence before purchasing a property, investigating all aspects concerning both the property and the seller, especially when it is a company and intends to develop ...

The value of Portuguese homes that changed hands in the third quarter rose 28 per cent to a record 9.05 billion euros ($1.04 billion), potentially aggravating a shortage of affordable housing, as interest ...

Nicosia will host SESAM Identity 2.0, an architectural and cultural event, from March 1-10, 2025, according to an announcement released on Friday. Organised by EASA Cyprus NGO, the gathering will bring 150 participants, ...

The Cypriot property market underwent significant changes from mid-2023 onwards due to several global and regional factors, according to Pavlos Loizou, CEO and co-founder of real estate firm Ask Wire. ...

The Cypriot real estate market is expected to face a turning point in 2025, with growth slowing after years of post-pandemic expansion, according to according to property firm Danos International. The ...

Cyprus’ apartment market contrasts sharply, with Limassol’s luxury prices reaching €5 million, while Nicosia offers affordable options starting at €50,000, according to real estate analytics firm Ask Wire. The firm explained ...

Following early termination of a tenancy, the owner of the rented property may find issues arise with the tenant, either regarding rent owed or compensation for damages to the landlord ...