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The property market in Cyprus is facing uncertainty due to changes in the process of renewing professional licenses for real estate agents (realtors) and their assistants. According to a letter..
The Famagusta District Chamber of Commerce and Industry expresses its serious dissatisfaction and concern over the ongoing unjustified delays in the redevelopment of the Potamos Liopetri area. This project is..
According to the Central Bank of Cyprus (CBC), residential property price growth slowed in the third quarter of 2024. The apartment price index showed a more significant slowdown compared to..
The BuySell Cyprus app has become the third most popular app on Google Play in Cyprus, behind only ChatGPT and Temu. According to Google Play Store, 42matters and AppFigures, the..
In February, the Cyprus residential property market saw a 7% increase in sales compared to the same month last year. A significant number of transactions were recorded in the areas..
In Larnaca, in the Oroklini area, the construction of a new luxury residential complex Synergy by bbf: is starting. The project covers an area of 55,000 m² and is located..
The European Investment Bank (EIB) has taken important steps to combat the housing crisis affecting millions of people in Europe. The shortage of affordable and quality housing is a problem..
According to Ask Wire, the total value of the top ten most expensive sales in Cyprus in January 2025 was €12.1 million. The largest transaction was a house in the..
Corallian Holdings Ltd has announced the construction of a new residential complex of 15 houses with swimming pools and a biological treatment plant in the area of Peyia, Paphos. The..
Foreign buyers remain an integral part of the residential property market in Cyprus, accounting for a significant share of transactions in January 2025. According to the Cyprus Land Department, of..
The AKEL party has proposed a bill that would abolish the preferential VAT rate of 5% for foreign nationals who purchase or build residential property in Cyprus. The bill was..
A large-scale integrated development project is starting in Limassol, in the Palodia area, which promises to be an important stage in the development of the region. The project was developed..
INEX is actively changing the commercial real estate market in Cyprus, creating high-quality office spaces for modern companies. With its innovative projects in Paphos and plans for Limassol, INEX sets..
According to the January 2025 Landbank Analytics report, Limassol continues to lead the office rental market in Cyprus. The average rental price in the city is €29 per square meter,..
In the Akamas region, in the municipality of Peyia, a new residential project by Celicandia Ltd is starting. The project includes the construction of 26 modern villas with private pools,..
The number of registered short-term rental properties in Cyprus is growing rapidly. Deputy Tourism Minister Costas Koumis reported that in April 2025, the number reached 8,248, compared to 4,765 two..
A project to renovate the old city centre has been launched in the Strovolos area, aiming to breathe new life into this part of the city. The main objective of..
The EU Cohesion Policy has been a key instrument in ensuring sustainable economic growth and improving the quality of life in Cyprus over the last two decades. Thanks to this..
Panikkos Livadiotis Group has announced the completion of its new residential complex "Ria Court 84" in Drosia, Larnaca. The five-storey building is located on Melatrou Evgirias Street, next to the..
The Minister of Agriculture, Rural Development and Environment, Maria Panagiotou, visited the port in the village of Pomos, located in the picturesque Akamas region, to assess the current state and..
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..
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