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A new fast-track procedure for applications for building permits for medium-risk (category B) developments has been launched in Cyprus. This is part of a wider reform of the building licensing..
The Cyprus residential property market has shown impressive results in 2024, exceeding the €2 billion mark, according to the analytical company Landbank Real Estate Analytics , the total number of..
Placy , a real estate startup powered by artificial intelligence, is rapidly transforming the market with revolutionary solutions. Mike Vasiliev, the company’s CEO, sees AI not only as an automation..
The President of the Republic of Cyprus, Nikos Christodoulides, announced the implementation of more than 60 projects worth over €180 million for the Larnaca region . The announcement was made..
New €22 million high-rise project by PG Economides approved on Limassol coast Properties Ltd. The building will be 87 meters high and will be used as a multifunctional office and..
Irida high-rise Tower , one of Larnaca's most famous high-rise commercial buildings , has been officially listed for sale by CYREIT. Irida Tower is the second tallest commercial building in..
The residential property market is set to undergo significant changes in 2025, driven by macroeconomic factors influencing consumer behaviour and investment strategies. These changes were detailed by Jennette Siebrits ,..
The Cyprus residential property market is showing stability and is preparing for a “golden era”, as evidenced by the conclusions of experts made at the 19th Conference on Property Development..
Hadassah Healthcare Park has once again attracted the attention of the public and experts during a discussion at the Cyprus Department of Environment. This project will bring significant changes in..
Despite Cyprus’s robust economic growth, the Troika (a group comprising the European Commission, the European Central Bank and the International Monetary Fund) highlighted several key issues in its 18th post-memorandum..
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,..
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