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Global Real Estate Markets: How Prices and Risks Will Change in 2024

Global Real Estate Markets: How Prices and Risks Will Change in 2024

According to the latest report from UBS Global Real Estate Bubble Index , the risk of a bubble in global real estate markets continues to decline. Despite this general trend,..

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Pafilia Property Developers – leader in luxury property development in Cyprus and Greece

Pafilia Property Developers – leader in luxury property development in Cyprus and Greece

Pafilia Company Property Developers has been one of the leading construction companies in Cyprus and Greece for almost half a century. Its projects, renowned for their unique architectural style and..

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How does water shortage affect the real estate market and what can be done about it?

How does water shortage affect the real estate market and what can be done about it?

Water shortages have a significant impact on the residential property market, especially in the segment targeting foreign buyers, where countries compete for investors’ attention. However, water issues are often ignored,..

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Dynamics of Cyprus Property Sales in August: Analysis by Regions

Dynamics of Cyprus Property Sales in August: Analysis by Regions

Residential property sales in Cyprus declined in August, remaining at the same level as last year. According to the Land Department, 1,135 property sales contracts were registered in August, compared..

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How Nicosia’s city centre has become a new cultural and business hub

How Nicosia’s city centre has become a new cultural and business hub

In recent years, the centre of Nicosia has undergone significant changes, becoming an example of a modern urban environment. The city has changed significantly thanks to investments in infrastructure and..

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Registering a rental through Airbnb and fines for violations: what do you need to know?

Registering a rental through Airbnb and fines for violations: what do you need to know?

In recent months, there has been a significant increase in the registration of properties for short-term rentals online, including popular platforms such as Airbnb . By law, all properties offered..

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Causes and consequences of the increase in building permits for the Cyprus property market

Causes and consequences of the increase in building permits for the Cyprus property market

Cyprus saw a sharp rise in the number of building permits issued in June 2024, as local authorities tried to speed up the processing of a backlog of applications before..

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How legislative changes have sped up the issuance of building permits in Cyprus

How legislative changes have sped up the issuance of building permits in Cyprus

In June 2024, the number of building permits issued jumped by 150% compared to the same period last year, as authorities rushed to process a backlog of applications before the..

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Prospective Land Plot in Limassol : Business and Construction Opportunities

Prospective Land Plot in Limassol : Business and Construction Opportunities

Against the backdrop of significant growth in demand for commercial real estate, Altamira Real Estate has put up for sale a unique corner commercial plot located in the heart of..

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Cyprus University of Technology is looking for laboratory space to rent in the center of Limassol

Cyprus University of Technology is looking for laboratory space to rent in the center of Limassol

The Cyprus University of Technology has announced a call for applications from individuals or companies offering to rent buildings suitable for specialised laboratories and offices in the centre of Limassol..

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How did prices for building materials change in August 2024?

How did prices for building materials change in August 2024?

The Construction Materials Price Index stood at 117.68 points in August 2024, down slightly by 0.08% from August 2023, the Statistical Service of Cyprus reported. The largest decrease in prices..

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Prices and demand for apartments in Nicosia: a market analysis

Prices and demand for apartments in Nicosia: a market analysis

According to data from the analytics company Ask Wire , the Nicosia property market is seeing increased interest in second-floor apartments. The report also points to significant differences in the..

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Limassol Marina : Celebrating the 10th Anniversary and its Importance for Cyprus

Limassol Marina : Celebrating the 10th Anniversary and its Importance for Cyprus

The Limassol Marina is celebrating a decade of success, a period of significant achievements in commercial development and the creation of a unique lifestyle on the coast. During its ten..

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How have the priorities of foreign investors in the Cyprus real estate market changed?

How have the priorities of foreign investors in the Cyprus real estate market changed?

Foreign investors in Cyprus are increasingly looking to more affordable residential properties, driven by the desire to obtain residency rather than citizenship. This trend, identified in Danos’ 2023 study, illustrates..

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The first phase of construction of the marina in Paralimni will be completed by the end of 2024

The first phase of construction of the marina in Paralimni will be completed by the end of 2024

The first phase of construction of the yacht marina in Paralimni is scheduled to be completed by the end of this year, the mayor of Paralimni-Dherinia announced Georgios Nikoletos during..

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Largest transactions in the Cyprus property market in July 2024

Largest transactions in the Cyprus property market in July 2024

30.08.2024   According to data from the analytical company Ask Wire , in July 2024, the 50 most expensive property transactions in Cyprus totalled €55.7 million. Among the most expensive..

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Top Cyprus Property Investment Offers from AstroBank

Top Cyprus Property Investment Offers from AstroBank

30.08.2024   AstroBank has put up for sale a number of commercial and residential properties that may be of interest to investors. The list includes buildings and plots of land..

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10 Most Expensive Real Estate Transactions in Cyprus in July 2024

10 Most Expensive Real Estate Transactions in Cyprus in July 2024

30.08.2024   Ask Company Wire , which specialises in tracking property transactions and prices using technology, has released data on the ten most expensive property sales made in July 2024...

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In Paphos, students will be able to rent a room in a dorm for 550 euros per month

In Paphos, students will be able to rent a room in a dorm for 550 euros per month

29.08.2024   The Paphos Municipality has announced a call for applications for rooms in a student residence for students of universities and colleges located within the city. The rent is..

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Short-term rentals in Cyprus: economic impact and possible consequences of tightening regulations

Short-term rentals in Cyprus: economic impact and possible consequences of tightening regulations

29.08.2024   Michalis Loizu , director of Delfi Partners , said short-term rentals on platforms such as Airbnb are not the main reason for the rise in rental prices in..

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KEDIPES Rent-to-Own Programme to Protect the Housing of Vulnerable Households

KEDIPES Rent-to-Own Programme to Protect the Housing of Vulnerable Households

29.08.2024   Cyprus Company Asset Management Company Ltd ( KEDIPES ) has received more than 2,500 applications for the rent-to-own scheme, with a deadline of September 6. The scheme, which..

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Major investment projects in Cyprus: new shopping malls, hotels and residential complexes

Major investment projects in Cyprus: new shopping malls, hotels and residential complexes

27.08.2024   This year, a significant number of investment projects have been implemented in Cyprus, which have received permits from the Environmental Protection Authority. These include the construction of commercial..

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Cyprus Real Estate Agents Exams: Candidate Registration and Requirements for 2024

Cyprus Real Estate Agents Exams: Candidate Registration and Requirements for 2024

27.08.2024   The Cyprus Real Estate Agents Registration Board has announced that examinations will be held for new candidates on Saturday, 26 October 2024. These examinations are mandatory for anyone..

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Commercial Property Market in Cyprus: Demand and Rental Rates to Increase in 2024

Commercial Property Market in Cyprus: Demand and Rental Rates to Increase in 2024

26.08.2024   In recent years, Cyprus has become a new home for many international companies, which has led to an increase in demand for commercial property, especially office space. The..

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