#housing

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 ...

The key pillars of development, financing ownership and governance of affordable housing explained By Erol Riza Cyprus, like many other EU countries, faces a socio-economic problem of a shortage of ...

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 ...

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’ ...

Policies and lifestyles causing environmental damage and derailing economy Over the last 40 years the Cyprus government has relied increasingly on three main sources to generate economic growth, namely, property investment, ...

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 ...

In my previous article I talked about the introduction of a new tax on the sale of real estate, to be paid by the seller, and I wondered how the ...

Affordable housing involves more planning than merely putting together incentives New government affordable housing plans have received lukewarm reactions as some are being seen as unfeasible and hold the prospect ...

Short-term patchwork government measures to deal with cost-of-living crisis and persistent inequalities are not enough By Les Manison A report by the OECD on “taxing wages” reveals that the increase ...

Lakatamia should be consulted before a potential decision is made by the government to house migrants at a former school within its municipal boundaries, its mayor said on Tuesday. Fotoula ...

The reactivation of the Housing for All (Stegi gia olous) social platform is “imperative,” as the reasons that lead to its creation in 2019 not only continue to exist, but have ...

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 ...

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 ...

The licence is personal, non-assignable and non-inheritable and expires upon the death of the beneficiary As part of its refugee housing policy, the state grants licences for the use of ...

At the end of last year Eurostat published comparative rents, with our own contribution, for apartments and houses in the capitals of various countries in Europe. The following refers to ...

In response to what it called a desperate situation, Akel on Wednesday launched a Housing for All campaign that includes the creation of a unified housing agency. “Our aim through ...

Healthcare professionals who worked overtime during Covid and got paid extra are being rejected for refugee housing support as their income levels are now higher than the government’s financial ...

Organised retirement communities have long been established in America and then in Europe. We are seeing a trend in construction of such complexes, such as in Spain, which should be ...

Lawmakers on Monday revisited the issue of reduced VAT on homes, with some trying to instill a sense of urgency on the matter as the European Commission continues breathing down ...

The Cyprus real estate market enjoyed a strong second half of the year, pushing the total value of all property sales to €5.8 billion for 2022, according to a report released this ...

Interior Minister Nicos Nouris said on Wednesday that they would initiating housing plans in the old town of Nicosia and extending existing plans for the rural and disadvantaged areas on ...

There is a strong need to create a singular housing policy body, which will be responsible for monitoring and implementing housing plans, presidential candidate Andreas Mavroyiannis said on Wednesday. The ...

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. ...

At 17.1 per cent, Cyprus had lower household expenditure on housing, water, electricity, natural gas and other fuels in 2021 in comparison with the EU average of 25 per cent, according to Eurostat. ...