Property

District local authorities are now issuing building permits within 48 hours for low-risk developments of up to two residential units (Category A). This is provided that applications were submitted before July 1, 2024, ...

Municipalauthorities, like the state, have real estate which they manage privately in order to meet their cash needs, acting as a private individual, to develop the property and derive financial ...

The Supreme Court in France recently made an interesting ruling in a case which could have similarities to some cases in Cyprus. Buyers of properties in rural areas coming from ...

All new buildings across the European Union must achieve zero emissions by 2030, while public buildings face an even tighter deadline of 2028. This ambitious plan forms part of the EU’s ...

CEO and co-founder of Ask Wire, Pavlos Loizou, is transforming real estate analytics in Cyprus and Greece with over 20 years of experience in valuation, asset management and strategy. Through tools ...

President Nikos Christodoulides on Thursday reiterated the government’s commitment to bolstering Cyprus’ construction and real estate sectors. Christodoulides’ comments were delivered during his speech at the annual general assembly ...

The government on Wednesday approved a scheme subsidising interest rates on housing loans, aimed at combating the impact of high interest rates and inflationary pressures. The cabinet’s decision said ...

Cyprus’ parliament this week approved a new law extending the interval for general property valuations from three to five years. The change aims to optimise resources and streamline operations within ...

Limassol topped Cyprus’ property market from January to September 2024, leading in sales values for houses and apartments, according to a report from Nicosia-based firm Landbank Analytics.  The report, which reviewed ...

Cyprus has revamped its planning and building permit system, cutting approval times to just 40 working days for small-scale developments, Interior Minister Constantinos Ioannou announced this week. The initiative is part ...

The Cyprus Real Estate Agents Registration Council has voiced strong opposition to a proposed amendment to the Lawyers’ Law of 2024. If passed, the amendment would grant lawyers exclusive authority to ...

Limassol led Cyprus’ high-value real estate market in October, driving €34.6 million in top property sales, according to real estate analytics firm Ask Wire. The district recorded four of the ten ...

Property disputes between ex-spouses can be settled by the issuance of a court decision, but this should be conditional and leave it to them to fulfil mutual obligations towards each ...

Christmas time again and even if you think you are ready indoors, there are still jobs to do in the garden before the ‘Festive Season’ gets under way. I know ...

The UK’s Leus Developments is completing several projects in Limassol. With two sites finished and already rented out, and two more being completed over the next two years, we ...

Cyprus’ real estate market remains robust, with transactions reaching €2 billion by mid-2024, despite ongoing global uncertainty, according to a report released on Monday by Delfi Partners & Company. “Supported by ...

The Supreme Constitutional Court seems to have definitively untied a difficult legal issue by interpreting Article 23.4 of the Constitution, regarding whether a compulsory acquisition order whose purpose has been achieved, ...

The new Jumbo that has just opened in Nicosia is located at the junction of Shacolas Park, opposite the hospital. This junction under the best conditions is under constant pressure ...

Asking prices for British homes fell over the last month by more than is usual for the time of year, online property portal Rightmove said in a report, although it ...

Apartment prices and rents in Cyprus defied broader market declines during the third quarter of 2024, reflecting strong demand, according to a report from real estate analytics firm Ask Wire. At ...

The construction sector in Cyprus recorded a 4.7 per cent increase in production during the first half of 2024 compared to the same period in 2023, according to a report released on Wednesday ...

Cyprus’ Construction Material Price Index recorded a marginal increase in October 2024, according to a report released this week from the state’s statistical service. This follows a streak of eight ...

Cyprus property investors are enjoying better returns from rental income than bank deposits, with yields of up to 6 per cent far outpacing the modest 1.98 per cent average return on household ...

The lease of premises creates a reasonable concern of the owner regarding any damage or failure to maintain the premises by the tenant. Therefore, each tenancy agreement contains a relevant ...