News

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..

The new commercial tower next to the premium business center “Avenue 15”

06.03.2024 The increased demand for office space in Limassol requires the construction of new commercial buildings. After the start of full operation of the premium business center Property Gallery ,..

Apartments expected to boost housing supply

05.03.2024 Several thousand apartments are expected to significantly increase housing supply as 541 apartment buildings are expected to be completed in the coming months. The construction boom is aimed at..

North Residences: Everything you need to know about Trilogy’s spectacular third building

04.03.2024 North The Residences are one of the most talked about projects of recent years, and for good reason, as Trilogy by Cybarco has all the characteristics of a modern,..

Limassol Del Mar recognized for architectural excellence

04.03.2024 Limassol Del Mar is a joint venture between UDS Architects , a leading Cypriot architecture firm, and award-winning international studio Benoy , which has achieved international recognition. Project Limassol..

Cyprus property sales up 14% in February

04.03.2024 In February 2024, the total number of real estate purchase and sale contracts posted in land registry offices throughout Cyprus reached 1,284. It recorded a 14% increase from the..

PwC Cyprus: Resilience of real estate market in 2023 remarkable

04.03.2024 The Cyprus property market has demonstrated remarkable resilience and flexibility in 2023, with total transaction value reaching €5.5 billion, the same level as in 2022. PwC unveiled its annual..

Castle Residences: The last available apartments in the “castle” of Limassol Marina

02.03.2024 In the Castle complex Residences in Limassol Marina there are only six apartments left out of 61 available for sale. In Castle Residences are apartments with two to four..

The top 5 real estate sales in every city – The most expensive transaction of 2023

01.03.2024 According to the Cyprus Cadastre and Survey Department, the total number of properties sold in 2023 reached 24,200 compared to 23,600 properties in 2022, representing an annual increase of..

Board of Registration of Real Estate Agents: The continuous education of real estate agents is a priority

29.02.2024 Attaching great importance to the training of licensed real estate agents, the Cyprus Property Registration Board, in collaboration with the Department of Taxation, held a training seminar in Larnaca..

Third call for applications for student residences in Nicosia within the walls

29.02.2024 The third call for applications for the Nicosia Student Accommodation Grant Scheme opened yesterday and will remain open until the available budget is exhausted. During the first call for..

Cyprus ranks 12th in residence program index

29.02.2024 In a ranking of residential programs for 2024 published by Henley & Partners , Cyprus, with a score of 59 out of 100, ranks 12th. The index includes residency..

Implementation of development expenditures at 1% in January

29.02.2024 According to a press release from the Treasury of the Republic of Cyprus, the implementation rate of development expenditures from the state budget amounted to 1% (€17.86 million )..

Glamping bill back on government agenda

28.02.2024 The bill on the establishment and management of luxury campsites, " glampings ", which has been in parliament for almost a year, is being reintroduced to the plenary session..

Neocleous Tower is going strong, conquering new heights

26.02.2024 Neocleous Tower is a modern, environmentally sustainable office building in the center of Limassol that offers companies the choice of a future of excellence in their work environment. Reimagining..

Larnaca is redefining itself for tourism and investment

26.02.2024 Larnaca is becoming an attractive place for business, highly beneficial for every professional, entrepreneur and investor. The city, neighboring settlements and the sea zone surrounding it offer several potential..

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