Property

The Bank of Sydney this week announced that its long-serving CEO, Miltos Michaelas, will be departing the bank at the end of June 2023 to return to Cyprus after over 6 years ...

The Council for Registration of Real Estate Agents on Monday released a statement saying that the total value of all real estate sold in Cyprus in 2022 reached approximately €6 billion. “Amidst ...

What is in store for us regarding real estate in Cyprus? In 2022 we saw a positive trend with new sales rising by 35 per cent in deposited real estate sales contracts. ...

Disposition made with intent to defraud a creditor is deemed to have been made fraudulently and may be set aside by a court order The court can set aside disposition ...

The producer price index in Cyprus’ construction sector increased by 11 per cent in the third quarter of 2022, compared to the corresponding quarter of 2021, reaching 129.53 units, according to a report released ...

There was a decrease of 4.9 per cent in the number of building permits issued in Cyprus between January and October 2022, according to a report released on Thursday by the Cyprus ...

Cypriot fintech Ask WiRE CEO Pavlos Loizou, in an analysis piece examining the landscape of the domestic real estate market in the coming year, explained that residential property prices will ...

Cyprus is considered a safe country, perhaps the safest country in the EU. The importance placed on security, however, when it comes to the real estate market has been rising. ...

Their registration in the register of the Deputy Ministry of Tourism contributes to the control of their operation and collection of taxes Short-term rentals attract visitors either for holidays or ...

The Association for the Protection of Borrowers (Syprodat) on Wednesday released a statement calling on the government to draw up and implement immediate relief measures for consumers, households, businesses and ...

Cypriot fintech Ask Wire on Tuesday published a report documenting the Nicosia properties that are endangered by a possible overflowing of the Pedieos river. The company noted that the river ...

Council for Registration of Real Estate Agents president Marinos Kineyirou said that the organisation took significant steps to address critical issues concerning both real estate agents and the general public ...

Relaxations on the issuance of building permits to foreign nationals living in the north have resulted in a spike in such properties, Turkish Cypriot media are reporting. According to the ...

Owners of agricultural plots of land which are essentially inactive, are increasingly showing interest in entering into the well-known blue contract, for the installation of solar parks for the production, ...

Until recently we believed that title deeds issued by the Republic had the correct area registered and that citizens could rely on them. However, it seems that suddenly at some ...

Association of Real Estate Agents and Entrepreneurs of Cyprus (Skek) president Andreas Kaouris on Thursday said that despite the challenges, combined with the decline in global real estate prices, Cyprus’ ...

Cyfield, one of the leading and more experienced construction companies in Cyprus, has this week announced that it has selected Capacitor Partners to steer the digital transformation of specific departments ...

The district officer gives consent to the EAC to extend its network through a property, after consulting with the local authority The Electricity Authority of Cyprus often needs to extend ...

You may have heard of Jimmy Hoffa. If you are wondering who that is, he was the chairman of the truckers union in the US during the time John F. ...

Rising interest rates have not hit the real estate market as sales are up by 36 per cent compared to the same period last year, according to Elikkos Elia, director of ...

Hourly labour costs, which take into account the total cost incurred per hour, increased by 5.5 per cent in the third quarter of 2022, compared to the corresponding quarter of the previous ...

The Department of Lands and Surveys (DLS) said it will modernise and update its records so that each property is assigned to its owner with their ID number. Elikkos Elia, ...

It may be ordered by applying for a writ of mandamus to the Supreme Court Every person exercising public authority must properly apply the law for the benefit of the ...

I have studied the reports on the proposal to create a golf course in the area of Cape Greco by the Department of Forestry and the auditor-general, who is against ...