News

Indifferent buyers and distressed sellers

25.02.2024 Cypriots are often informed through the media or otherwise that Cypriot developers and sellers are unable to obtain title deeds and thus transfer title to the rightful owners. However,..

Limassol topped the Cyprus property market in January

24.02.2024 In the Ask report Wire , a company combining real estate expertise with the use of technology, provides information on the local property market, including the largest property sales..

Cyprus’ ten most expensive property sales in January 2024

23.02.2024 Ask Wire , a Cypriot property analytics firm, has published a report on the ten most expensive property transactions in Cyprus for January 2024. The ten largest property sales..

The Legacy: This will be the new luxury tower in the area of the old GSP

21.02.2024 Tsentas Company Developers is preparing a modern residential project in the center of Nicosia. The company's flagship project " The Legacy " is a new high-rise building consisting of..

State officials must defend local interest, not fight them

21.02.2024 Cyprus, like many other countries, has seen the creation of many innovative positions in recent decades, including that of Environment Commissioner following the country's accession to the European Union..

EC approved interest subsidy scheme for housing loans

20.02.2024 The Director-General of the European Commission has approved a housing loan interest subsidy scheme from 1 January 2022 to 31 December 2023, covering the purchase or construction of a..

Low interest home loan group under increasing pressure

20.02.2024 The Housing Finance Corporation (HFC) acknowledged on Monday there were delays in disbursing loans to applicants, but again blamed it on staffing shortages. The issue came up in the..

Developments that are reshaping the real estate sector

19.02.2024 The property sector in Cyprus is going through a period of profound change. Monetary dynamics, geopolitical changes and military conflicts have created a new environment characterized by uncertainty and..

Myrto Residence: Cyfield’s new residential development in Platy

19.02.2024 Cyfield presents to the market its new modern project Myrto Residence. This is an excellent offer located on Tripoleos Street in Plati Aglanzias , known as the modernized area..

“Tassos Papadopoulos”: A park based on modern European standards in Lakatamia

18.02.2024 The Tassos Papadopoulos Park in Lakatamia was inaugurated on Saturday as part of the Lakatamia Municipality's decision to proceed with naming parks in honor of the late Presidents of..

Kition Ocean Holdings: In the final stretch for the first major milestone for the port and marina

16.02.2024 Kition Company Ocean Holdings completes the first major phase of the Larnaca Port and Marina development project . The construction and modernization of the pier is nearing completion, which..

RICS/KPMG property price & rental index Q4 2023

16.02.2024 The 57th quarterly publication of the RICS Cyprus Property Index, in collaboration with KPMG Cyprus, records property and rental price indices, tracking property and rental prices across all areas..

bbf : begins 51 new residential and commercial projects

16.02.2024 bbf :, a leader in residential and commercial property development, continues to strive to create the best urban living environment in both Cyprus and Greece. Since 2007, bbf has:..

G. Misirlis : Positive impact on the economy with faster issuance of property titles

15.02.2024 “Modernization and improvement of the property titling system will have a positive impact on the Cyprus economy,” said Mr. Yiannis , President of the Pan-Cyprus Land and Construction Development..

An abandoned building that was intended for a hotel becomes a rehabilitation center for the elderly

15.02.2024 Blenem Company Enterprises Ltd plans to upgrade an extension to the existing building to create a rehabilitation center for the elderly and a nursing home, and install a biological..

Property: Numb start to 2024-Falling in all cities except Nicosia

14.02.2024 Despite the fact that during 2023 the number of documents for the sale of real estate in Cyprus increased by 16%, 2024 did not start as successfully for the..

The ripple effect of Limassol’s real estate

12.02.2024 The ripple effect describes how property prices in one area affect prices in others, similar to London's influence on the UK market, where changes in house prices are first..

Building permits in January – November drop by an annual 6%

12.02.2024 The number of building permits issued in Cyprus between January and November fell by almost 6% year-on-year, while area and property values increased annually, driven by rising prices for..

New technologies and AI are transforming real estate-CEOs’ assessments

10.02.2024 Rapid technological advancements in recent years have led to key changes in various business sectors, including real estate and construction. Technology and artificial intelligence (AI), in addition to its..

bbf : presents corporate culture & real estate dynamics

10.02.2024 On February 8, bbf : organized and hosted a networking event in one of its iconic buildings - Sky Tower in Limassol . This intimate event brought together experts..

Cyfield : With title deeds in hand, buyers at Nefeli Residences

09.02.2024 Cyfield , following its time-tested practice and respecting its clients, has issued separate title deeds for the newly built modern Nefeli complex Residences . The apartment building is located..

Popularity of short-term rental properties in Cyprus increasing

09.02.2024 According to Yiannis Kotsias , general manager of Phaedrus Living , Protech's home rental platform , short-term property rentals in Cyprus are growing in popularity, quickly becoming the mainstay..

Cyprus property sales fell 3% in January

09.02.2024 In January 2024, the total number of property sales contracts deposited with land registries throughout Cyprus reached 1,056. A drop of 3% was recorded compared to the 1,091 contracts..

Cyprus houses & apartments year-on-year price rises

09.02.2024 Cyprus real estate analytics company Ask Wire on Thursday published a report outlining local real estate market performance for the fourth quarter of 2023, including property sales and rental..

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