News

PwC research on the transformation of the real estate industry

24.03.2024 The real estate sector is the basis for the prosperity of the domestic economy. Growth and activity in this sector directly impacts employment, trade growth and the economic stability..

Getting tougher on naturalization

24.03.2024 Recent changes to the requirements for obtaining Cypriot citizenship have introduced significant preconditions, making the process virtually unattainable for most applicants. These new restrictions include a number of factors..

RES communities: photovoltaics in apartment buildings

23.03.2024 According to Energy Minister George Papanastasiou, rules for the development and operation of “renewable energy communities” are expected to come into force in the second half of 2024. The..

A new office development in Nicosia at a cost of 20 million euros is under consultation

22.03.2024 A new office complex called " APPLE" is planned for construction in Nicosia TREE & PEAR OFFICE ", the estimated cost of which is 20 million euros. The development..

The Cyprus property market is capable of surviving even the most difficult times

22.03.2024 The Cyprus real estate market has been tested and turbulent, but has finally proven its flexibility and resilience both in previous years and especially in 2023, which can safely..

K. Onisiforou: Developments are reshaping the real estate sector

22.03.2024 Changes in the real estate sector include monetary changes, military conflicts, new geopolitical strategies and new technologies, which in turn change the global balance. How are these changes creating..

Build to Rent: The New Approach to Development

21.03.2024 In a world where the need for affordable housing is growing, Build to Rent (BTR) programs are an ideal solution. Owners and managers offer long-term leases, creating homes designed..

Real Estate Investing: Five Easy Ways to Get Started

20.03.2024 Investing in real estate may involve risks, like all investments, but it offers a number of undeniable advantages and benefits. Firstly, real estate can provide a stable income through..

Limassol Greens: Life in perfect balance

20.03.2024 A project combining majestic villas, maisonettes and apartments, a golf course with a modern clubhouse, leisure and wellness facilities, surrounded by lush green gardens. Situated just five minutes from..

Two per cent of dwellings rented through Airbnb

20.03.2024 2% of residential properties in Cyprus are rented through Airbnb , raising concerns about affordability and regulatory oversight. This data, focused solely on Airbnb listings, reflects a broader trend..

SKY by ANTONIS ZENIOS DEVELOPMENTS LTD

19.03.2024 ANTONIS ZENIOS DEVELOPMENTS LTD announces the completion and delivery of the unique SKY residential project in Engomi, Nicosia. SKY consists of 6 luxury apartments with 3 and 4 bedrooms..

The new office development worth 3.5 million euros in Larnaca – Where is it located and what will it include

19.03.2024 A new office complex will be built in Larnaca with an estimated cost of 3.5 million euros. The developer of this 12-storey building with a height of 54.20 meters..

Larnaca designated as city with best investment opportunities

15.03.2024 Property platform INDEX on Friday published a report identifying Larnaca as a key Cyprus destination for investors and homebuyers looking for profitable property ventures, citing a recent analysis of..

Completion of flood control project by Cyfield in Holy Confessors

13.03.2024 Cyfield has completed another project that contributes not only to development, but also to a safe lifestyle for the residents of Nicosia. This is a project implemented in the..

Real estate sector depends on external factors

13.03.2024 The Cyprus economy has demonstrated its strong resilience during a particularly difficult period, recording "comparatively one of the highest growth rates in the European Union", said Dr George Mounties..

Environmental expenditures in industry reached 0.15% of the GDP in 2023

12.03.2024 According to the Cyprus Statistics Service, environmental expenditure in industry reached 0.15% of GDP in 2023. According to a study carried out by the Statistical Office, total environmental expenditure..

Multi-apartment buildings are quickly licensed – the cost of residential buildings is prohibitive

12.03.2024 Residential real estate continues to be unaffordable for buyers, and the cost of housing in some cases is even becoming prohibitive. Indicative is the significant annual increase of 16.4%..

From 2030 all new buildings must have zero carbon emissions – The new rules

12.03.2024 On Tuesday, Parliament approved new rules to reduce energy consumption and greenhouse gas emissions from buildings, which had already been agreed by the Council. Energy Performance of Buildings Directive..

New multi- storey mixed development with apartments, shops and offices in Paphos

12.03.2024 Prospecta Company Homes Services is planning the construction of a multi-storey mixed-use complex in Paphos. The project includes a complex of four multi-storey buildings with 15 levels, two underground..

For sale for €12.65 million +VAT the luxury penthouse of Limassol Blu Marine

11.03.2024 Leptos Group is proud to present a luxury three-storey penthouse , occupying three floors: the 33rd, 34th and 35th floors of Poseidon Tower in Limassol Blu Marine , an..

REALTYon : No. 1 Cyprus property event returns bigger and better

11.03.2024 Scheduled for July 3-4, 2024 at the iconic Cyprus City complex of Dreams Mediterranean Integrated Resort , the main event in the real estate industry - REALTYon - promises..

The new bbf development: in Limassol with 140 residential units, shops and offices

11.03.2024 BBF is preparing a new large multifunctional complex: in Limassol , in particular in the Agios area Nikolaos. The : flow complex will consist of four five-story residential buildings..

High end residences are losing some of their glamor – Absolute dominance in Limassol

09.03.2024 PwC Cyprus' annual report on the Cyprus property market, the number of residential property transactions valued at more than €1.5 million in 2023 decreased by 26% compared to 2022...

Sales to EU nationals recovering?

07.03.2024 Analysis of Cyprus real estate market segments Sale of real estate on the domestic (Cyprus) market Total domestic sales reached 772 units in February 2024, up 18% from 656..

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