Mavroyiannis: We must focus on housing
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 ...
Real estate predictions for 2023
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. ...
Cypriot households spent less than EU average on housing in 2021
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.
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Priced out of the market, spiralling property prices
2022 in review: cheaper housing is in short supply
There’s a lot to whine about and I’m generally pretty good at it, so here goes: decent housing is largely ...
Mortgage to rent scheme for distressed borrowers moves ahead
The mortgage to rent scheme is moving forward as state-owned asset management agency Kedipes, the finance ministry, banks and the EU are finalising the details, reports said on Monday.
The ‘...
Tepak students use tents to protest high rents (Update)
The start of the academic year got off to a rocky start in Limassol as students from the Cyprus University of Technology (Tepak) set up tents on campus to protest ...
Pissouri homeowners plead with MPs
Residents of Pissouri on Thursday pleaded with MPs to help with mounting problems as a result of continuing landslides in the area, including the banks coming after them.
They sought ...
Cypriots spend the least on housing needs compared with other EU states
Based on data from the European Statistical Office (Eurostat), Cyprus recorded the lowest rate of housing cost overburden in the EU in 2020, the finance ministry said in a statement.
The ...
Our View: Housing policies do not always benefit those in most need
Hearing the announcement of the government’s housing policy plans for this year, people could have been mistaken into thinking that President Anastasiades would be seeking a third term. It ...
UK housing boom starts to fade as cost-of-living squeeze tightens – Halifax
British house prices in January rose at their slowest monthly pace since June last year as a post-lockdown boom in the housing market started to fade and a growing cost-of-living ...
Huge increase in housing budget planned
The interior ministry’s housing expenditure is up threefold for 2022, minister Nicos Nouris told the House finance committee during discussion of the ministry’s budget.
Nouris said his ministry’s ...
Affordable housing project in Limassol, part two
Two months ago, we wrote of our disagreement with the plan of the Limassol municipality to undertake an extensive housing development project in collaboration with the land development corporation (a ...
MPs highlight state of refugee estates
MPs on Friday highlighted the standing problems plaguing refugee estates, especially in Limassol, due to lack of proper maintenance.
The members of the House committee on refugees visited several refugee ...
Limassol’s plan for affordable housing
In an interview on the radio, the Limassol mayor announced an initiative of the municipality to get involved in the construction of over 600 housing units in order to help alleviate ...
Housing costs for the disabled in Cyprus least burdensome in EU
People with a disability in Cyprus experienced the lowest rate of housing cost overburden in the EU in 2019, Eurostat has reported.
The housing cost overburden rate is defined as the ...
Cyprus house prices down an annual 1.4% in 3Q 2020
In the third quarter of 2020, house prices, as measured by the House Price Index, rose by 4.9% in the euro area and by 5.2% in the EU compared with the same quarter ...