#real estate

More than 7,000 properties, whose total value exceeds €1.5 billion, are currently available on the market from banks, property management companies and debt buyers, according to a sectoral analysis report by Cypriot ...

The inflation rate in Cyprus is declining, but is still high [at 6.7 per cent in February 2023]. Interest rates are very low, 1.29 per cent for household deposits and 1.27 per cent for ...

An MP has alleged that thousands of pieces of real estate are being sold for millions of euros but are recorded as having zero value according to the Department of ...

Last week I wrote the first of a two article series on information one should know before purchasing a property. It can be a tricky process and there are many ...

Russians were by far the largest group of foreign real estate buyers in Cyprus during the first two months of 2023, according to data from the department of lands and surveys, ...

Purchasing an immovable property is a process which requires careful handling by the purchaser, in order to avoid any unpleasant situations. Here is some basic information one should know before ...

As a new president takes up the post, I submit some suggestions that would improve the real estate and construction industry. The adoption of deputy ministers by the previous government ...

The real estate sector in Paphos experienced a double-digit increase in sales during 2022, with the volume of transactions rising by 31 per cent year-on-year, according to PwC Cyprus’ latest edition of ...

Increased property availability could help to stimy soaring rental prices The city of Nicosia could have an additional 10,180 apartments, which could alleviate rising rental costs and soaring real estate prices, ...

One wonders what will be in store for us regarding real estate’s future as we get a new president. Based on what the candidates have announced so far, we ...

The presidents of the Institute of Chartered Accountants in England and Wales (ICAEW) and The Institute of Certified Public Accountants of Cyprus (ICPAC) on Friday announced that they have signed ...

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 ...

House prices in Cyprus continued to rise during the third quarter of 2022, primarily due to elevated construction costs and increased demand from both foreign and local buyers, according to a ...

An appeal is allowed only on points of law and the court of appeal does not go into issues of evidence evaluation The maxim that no person can be prosecuted ...

The former Minister of the Environment of Ireland, Alan Kelly, told developers to build accommodation that was affordable for Ireland’s citizens, adding that they should “get real”. Kelly realised ...

People often seek advice on office spaces and how much of a role the office space plays in terms of attracting business. There are some basic requirements that are important ...

Could taxing idle properties be the answer to the market’s inability to meet demand? The city of Limassol could have an additional 8,000 apartments, with many swathes of land currently ...

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. ...

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 ...

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 ...