Housing prices maintain upward trend
The upward trend in housing prices, primarily driven by increases in apartment prices, persisted during the fourth quarter of 2023, according to a report published by the Central Bank of Cyprus ...
‘No magic solution’ for housing crisis
Housing problems will not be solved with the wave of a wand, government spokesman Konstantinos Letymbiotis said on Friday.
He stressed housing is one of the biggest problems – if not ...
Bill to halt auctions for ‘mortgage to rent’ applicants passed
By a unanimous vote the House on Thursday passed legislation that provides for halting the auctioning off of properties where the mortgage debtor has applied for the ‘Mortgage to Rent’ ...
‘Innovative’ housing policies to tackle challenges unveiled
Newly approved regulatory changes and financial incentives, aimed at tackling the country’s housing challenges, are an innovative move for Cyprus, according to Interior Minister Constantinos Ioannou on Wednesday.
The ...
High-end property sales thrive amid growing demand
The property market on the island remains buoyant with even high-end property sales continuing to rise, statistics released by Sotheby’s International Realty real estate agency show.
In the first ...
Spiralling rents in Cyprus unprecedented and alarming
The housing situation in Cyprus has become a matter of great concern, with rental prices soaring to unprecedented levels. While the reasons for this situation are multifaceted, it is evident ...