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Ask Wire , a technology-powered real estate analysis company, has released a report on the ten most expensive real estate transactions completed in 2024. The total value of these transactions..
Ask Wire has released data on the ten most expensive residential property transactions completed in December 2024. Limassol again topped the rankings with six transactions, followed by Nicosia and Larnaca,..
The top 50 residential property transactions in 2024 totalled €386.2 million. The top ten most expensive properties accounted for 51.7% of the total transaction value, all located in Limassol. Nicosia..
After the successful implementation of the Attikis project Residences in Nicosia, luxury property developer Cybarco Development announced a new project in the capital – Park Residences . The complex will..
bbf has confirmed plans to demolish the historic KEAN factory in Limassol to make way for the construction of large residential, commercial and office buildings. The factory, located on Limassol's..
Domestic Residential Property Sales in January 2025 In January 2025, residential property sales on the domestic (Cypriot) market increased by 27% compared to January 2024, accounting for 60% of total..
Integrated development project focusing on education, research and innovation in the Agios Athanasios Limassol is being promoted by the Holy Metropolis of Limassol and has already been submitted to public..
According to official data from the Land Department, the number of sales contracts registered in January increased by 21% compared to the same period in 2024. The increase was seen..
According to the latest Ask index Wire for Q4 2024, the Cyprus residential property market shows mixed dynamics. The sale and rental prices of apartments continue to increase due to..
Since 2015, foreign buyers have played a key role in the Cyprus residential property market. Demand is particularly high in the seaside area of Paphos, where 83% of property sales..
In Cyprus, EU citizens can acquire residential property without restrictions, while third-country nationals face a number of problems. These rules are regulated by the Aliens’ Acquisition of Real Estate Law..
According to official data from the Land Department, in recent years there has been a significant increase in the acquisition of residential property by foreigners in all areas of Cyprus...
Imperio Skyline, developed by Imperio Group in the prestigious Germasogeia area of Limassol, is part of the extended second phase of the Sunset Gardens project. It will be an example..
Tor Properties presents Shinko Residences – a unique residential complex in one of the most prestigious areas of Limassol, Neapolis. Shinko Residences is located just 300 meters from the beach,..
The Cyprus property market in 2024 maintained its 2023 performance despite the accumulated difficulties in the industry. According to the Estate Agents Registration Board, the sector continued to make a..
Pandigi Ltd plans to build a multifunctional high-rise in Limassol. The project envisages a combination commercial, office and residential spaces , offering a contemporary urban lifestyle. The tower will be..
An analysis of residential property rental rates in Cyprus has revealed significant differences in rental costs across the country, according to a report by Landbank Analytics released today. Limassol Limassol..
Preliminary applications for participation in the tender for the construction and operation of Paphos Marina in the Potima area of Kissonerga are accepted until 22 January 2025. The opportunity was..
Cyprus' energy system is being developed rapidly, with a particular focus on renewable energy sources. According to Energy Minister George Papanastasiou, there are around 60,000 photovoltaic systems installed on rooftops..
Limassol Greens, the highly anticipated residential resort with golf course and spa, has unveiled its new luxury apartments called "The Starlings". This unique residential complex offers an unrivalled combination of..
Korantina Homes has been creating innovative residential complexes for many years, offering luxury properties in prestigious areas of Cyprus. One of the company's main projects is Cap St George's Hotel..
Despite ongoing regional and global challenges, the Cyprus residential property market has shown considerable stability. This is due to favourable conditions and continued interest from foreign investors over the past..
In the third quarter of 2024, according to Eurostat, residential property prices and rental rates in the EU countries increased compared to the same period in 2023. Residential property prices..
The Paphos Marina project, which has been in the works for over 30 years, has yet to be realized despite numerous efforts and changes in the tender process. In 2024,..
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