#real estate

Parliament on Thursday indicated its intention to pass legislation by May restricting the acquisition of real estate by foreign nationals. The intention is to amend the relevant law by May, ...

The Real Estate Agents Registration Council said on Monday that its president has personally received threats from criminal elements to withdraw a complaint filed against a real estate agent alleged ...

Hundreds of people have been defrauded by individuals posing as real estate agents, according to the Cyprus Real Estate Agents Registration Council, which is registering an average of three to ...

Two bills restricting and monitoring property purchases by third country nationals have been submitted to the House of Representatives, Akel leader Stefanos Stefanou said on Tuesday. He told a press ...

Akel on Monday reiterated its concerns over what it calls the en masse buying up of real estate in Cyprus by non-EU nationals, particularly Israelis with ‘targeted purchases’ of land ...

Data furnished recently by the government lends weight to the notion that the purchase of real estate by foreigners continues on an upward trajectory, with some speculating that it’s ...

Reports on Monday said a real estate conference in Limassol, organised by the Israeli Nadlan Centre and scheduled for this week, has been cancelled likely due to security concerns. The ...

The division of a piece of land into separate plots constitutes an important procedure which is subject to the town-planning restrictions on the land, the requirements set by the law ...

As strange as it may seem, the availability of a sufficient amount of water, or lack of it, has a direct effect on real estate demand and prices, especially in ...

I bought a property in Cyprus in 2007, but I am still not in possession of the title deeds as they are with my solicitor. I signed the contract of sale ...

A recent decision by the appeals court may adversely affect thousands of ‘trapped buyers’ who, despite having paid in full for their home or apartment, have not obtained a title ...

The new projects that will turn it into a metropolis have not yet begun The city of Larnaca and the communities that surround it along its seafront are very high ...

Market has overcome impacts of Covid-19 By Kyriacos Kiliaris If you’re in the market for a vacation home on the island, you might be in for a sticker shock, ...

The Cyprus economy has showcased its strong resilience, in a particularly difficult period recording, “comparatively one of the highest growth rates in the European Union,” said Dr Giorgos Mountis, CEO ...

The Cyprus Real Estate Agents Registration Council on Friday said that the local property market performed robustly during the fourth quarter of 2023, despite inflationary pressures, high interest rates, and soaring ...

A new property tax was introduced in 2021, but because of a mistake at the House, the tax didn’t actually come into effect until 2022. It is a tax of 0.4 per ...

We live in an era of innovation and many governmental institutions, organisations and private companies try to promote innovative products and services. These include selling of products around the world ...

Turkish Cypriot ‘prime minister’ Unal Ustel said on Wednesday the Greek Cypriot lobby have been “launching attacks” on the north’s real estate market. “I have observed that recently there ...

Our island is in need of a lot more green. The Ministry of Agriculture is encouraging tree planting, as are charity organisations and others. A lot of this is done ...

There is a strong indifference exhibited by both authorities of the state and professional associations in the real estate sector. It is rare for the latter to submit a proposal ...

Lack of controls by authorities enables illegalities The system of taxation of real estate seems to leave enough room for exploitation and tax avoidance, due to loopholes in the legislation ...

Cyprus’ rental prices across all property types experienced a rise during the second quarter of the year, according to a report released on Thursday by Ask Wire, a Cypriot tech-informed ...

Sales staff in real estate do not seem to want to educate themselves and become professionals of the level that is desirable. There are something like 400 registered estate agents around, ...

The Paphos real estate market experienced a slight decline of 17 per cent in the value of property transactions during the second quarter of 2023, according to George Mais, the president of ...