News

Government to launch Mortgage-to-rent scheme on December 4

27.11.2023 The Mortgage to Rent ( MtR ) scheme for vulnerable lenders will come into force on December 4, Treasury Permanent Secretary George Panteli said on Friday as he introduced..

New Cyprus Museum: how the construction work is progressing

25.11.2023 The construction work on the new Cyprus Museum, which will be located in the very center of the capital, is the state's most important investment in cultural infrastructure. Its..

Larnaca resident highlights illegal alterations in apartment buildings

22.11.2023 Larnaca resident this week sent a letter to the House of Representatives Standing Committee on Home Affairs calling for changes to the legal framework governing apartment buildings. In particular,..

The tradition of the Paul Gauguin park – The “Public Garden of west Limassol” is counting down

21.11.2023 Work continues on the park on Paul Gauguin Street in Limassol , next to My Mall , a very promising project of the Limassol Municipality , as it is..

More than 90 streets will be paved in Nicosia

21.11.2023 Mayor of Nicosia Konstantinos Giorkatsis and CFO of Cyfield Giorgos Karamanis signed on Monday, November 20, 2023, contracts for the paving of more than 90 streets in Nicosia. Work..

Trilogy: Countdown to the luxury project-Finishing touches are coming

21.11.2023 The countdown is already on for the completion of the long-awaited project on the Limassol coastline . Crews working on Trilogy are "putting the finishing touches" on the plazas,..

The new role of Giorgos Misirlis in the Imperio group

20.11.2023 After more than two decades as General Manager of Aphrodite Hotels Hills Resort Giorgos Misirlis is a consultant at Imperio. The 71-year-old businessman confirmed that he will join the..

Yannis Misirlis is the new president of the Association of Land and Building Development Entrepreneurs

20.11.2023 On Thursday, November 16, the work of the annual general meeting of the All-Cyprus Association of Entrepreneurs in the field of land management and construction was successfully completed. Within..

Alarm bells as property construction stretched

20.11.2023 Market insiders warn that there could be economic problems as the island looks like a vast construction site, fueled by a slew of projects supported by Israeli investment despite..

Landmark court ruling on Armou house collapse

17.11.2023 The Paphos District Court recently decided a case involving the collapse of a house in the village of Armou , Paphos district, due to subsidence. The court awarded the..

President: Our priority is to keep construction industry on a growth path

17.11.2023 The President of the Republic of Cyprus, Nikos Christodoulides , said on Thursday that the government's priority is to maintain and strengthen the construction industry. The President was addressing..

M. Hatzipanagiotou: The real estate sector showed resilience in the face of challenges

16.11.2023 “The land and construction sector is intertwined with the economic development and progress of the country,” said Michalis, President of the Association, from the podium of the Annual General..

Cyprus construction sector key to island’s economic growth, association president says

16.11.2023 President of the Cyprus Property Developers Association (LBDA) Michalis Hadjipanayiotou on Thursday praised the resilience of the local real estate sector as reflected in its ability to overcome numerous..

Cyfield: Houses with a reduced VAT rate

14.11.2023 Over 90 residential properties in various areas of Nicosia and Agios Athanasios Limassol at various stages of development, as well as several apartment buildings in Nicosia, Larnaca and Limassol..

Real estate market not cooling down

11.11.2023 The Cyprus property market shows no signs of slowing down, fueled by foreign buyers as 2023 is on track to be the best year since 2008 when the global..

Creating your private garden

11.11.2023 Despite the fact that about 40% of Cyprus is covered with forest, trees and shrubs, the island should be greener, especially in conditions of water shortage. The Ministry of..

Cyprus property market: mixed outlook despite rising values

09.11.2023 Cyprus company Ask Wire on Thursday published a quarterly report on the local real estate market. The report shows a mixed outlook for the property market in Cyprus, despite..

Property values in Larnaca surge due to Israeli interest

09.11.2023 According to representatives of the local property sector, property prices in Larnaca have recently risen to levels close to those of Nicosia, largely due to increased interest from Israeli..

Over 60% sales in coeo Gladstonos Exclusive Residences project

09.11.2023 In the center of Nicosia's most prestigious street, aristocratic Gladstonos , the magnificent Rotos project is being built Group . Gladstonos CEO Exclusive Residences. The unique location and luxury..

Cyprus economy council weighs in on affordable housing issue

08.11.2023 The Cyprus Economic and Competitiveness Council ( Soak ) on Wednesday presented a comprehensive set of measures and recommendations aimed at addressing the pressing issue of affordable housing in..

Property sales in Paphos dominated by overseas buyers

08.11.2023 The latest sales figures from the Department of Lands and Surveys show that foreign buyers accounted for almost three quarters of total property sales in Paphos until the end..

Peter Valov: An investor attraction framework is necessary for affordable housing

08.11.2023 Petr Valov, CEO of Exness Group, which operates in the financial technology sector and provides a wide range of financial instruments, stressed the need to stimulate the market with..

Proposals for affordable housing from the Economic and Competitiveness Council

08.11.2023 Measures and proposals to find affordable housing were presented by the Cyprus Economic and Competitiveness Council (CEC). Stating that the search for affordable housing is one of the most..

Building supervision really matters

06.11.2023 Many Cypriots are completely dissatisfied with the quality of supervision of some construction consultants. It appears that some want to get as much pay as possible during design and..

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