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Sales of real estate on the domestic (Cypriot) market In November 2024, property sales on the domestic market in Cyprus amounted to 914 transactions, an increase of 8% compared to..
"360" is not just a new building in the center of Nicosia, but a real work of architecture that represents a new standard of living in Cyprus. It is the..
The Cypriot government on Wednesday approved a new program to subsidize interest rates on home loans, aimed at combating the effects of high interest rates and inflationary pressures. The move..
In November 2024, the number of sales on the Cyprus property market increased by 9%, amounting to 1,506 transactions, compared to 1,386 in November 2023. From January to November 2024,..
The Cyprus property market continues to show growth in sales between January and September 2024. A detailed analysis based on Land Department data has revealed important trends that continue to..
Cyprus is introducing reforms to speed up the process of obtaining building and planning permits. Constantinos Ioannou said that small construction projects will now require only 40 working days to..
In October 2024, Limassol continued to hold a leading position in the luxury real estate market of Cyprus. According to the analytical company Ask Wire , Limassol recorded four of..
Late on Thursday, part of a balcony collapsed in the Neapolis area of Limassol , once again drawing attention to the city’s poor building conditions. Debris from a fourth-floor balcony..
Iliso Suites is a luxury residential property that is in the final stages of construction and is a luxury residential complex from the renowned developer Pafilia Property Developers . This..
Between 2010 and 2023, residential property prices in Europe increased by 48%. This growth was uneven across regions, with housing costs, including utility bills, rising significantly in some countries. According..
Limassol , one of the largest cities in Cyprus, is experiencing a real crisis in the residential property sector. Over the past five years, rental and purchase prices of residential..
The Medium-Term Financial Framework 2025-2027 provides for significant investments in infrastructure development in both urban and rural areas. The total amount of these projects is 310 million euros. Of this,..
According to data from Ask Wire , the top 10 most expensive property transactions in Cyprus in October totalled €68.4 million. These transactions reflect the high activity in the market,..
Construction of the Limassol project Blue Marine , valued at €500 million, is progressing at a rapid pace, transforming central Limassol into a modern and iconic district. This large-scale project..
Cyprus is continuing to revoke “golden passports” issued under the island’s citizenship-by-investment program, which was abruptly ended in November 2020. The moves follow a detailed investigation by former Supreme Court..
Limassol Municipality has announced the start of the renovation of Heroes’ Square and the surrounding streets. The €5.5 million project, with a completion date of 18 months, aims to enhance..
Larnaca , a city with a rich history and unique charm, is preparing to host a new large-scale project called “ Land of Tomorrow ". This project will be an..
Neocleous Tower is an innovative commercial complex located in the heart of Limassol . The project is aimed at companies seeking to harness the power of a modern workplace, combining..
According to the Delfi report Partners & Company , the total value of real estate transactions by mid-2024, exceeding pre-Covid levels, amounted to €2 billion. The average value of one..
Cyprus property is showing resilience despite ongoing global volatility, as evidenced by the Cyprus Market Watch " by Delfi Partners & Company . Supported by the activity of local buyers..
An analysis of data provided by the Landbank Analytics platform shows the varied changes in residential property prices in Cyprus in the first nine months of 2024. The data is..
Ratings agency Moody's has raised Cyprus' credit rating by two notches, from Baa2 to A3, a move that has opened up new opportunities for foreign investment and job creation, President..
Cyprus has introduced two bills aimed at providing incentives to property owners who rent out apartments at affordable prices. The measures include significant tax breaks under the “ Renovate-Rent ”..
Apartment prices and rents in Cyprus showed steady growth in the third quarter of 2024, despite the overall market decline, according to a report by the analytical company Ask Wire..
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