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A recent report from the Cyprus Ministry of Interior shows a significant increase in residential property sales, indicating strong demand in the market. However, experts are expressing concerns about the..
The Cyprus Ministry of Interior has recently published guidelines outlining the conditions and requirements for foreigners to obtain a licence to purchase real estate in the country. According to the..
The new residential property market in Cyprus has shown significant growth in the first nine months of 2024. An analysis of the prices of new residential properties showed that the..
The Cyprus Immovable Property Law (Chapter 224) prohibits owners of property listed on a title deed from transferring or mortgageing the property if it is issued with an “unauthorised building..
As part of the new housing policy, the Cyprus Ministry of Interior plans to create affordable housing by attracting investment in construction. At a meeting entitled “New Housing Policy: From..
The Cyprus property market showed stability in the first nine months of 2024, despite fluctuations in transaction volumes and values. According to the Land Department, 14,074 transactions worth €3.1 billion..
Analysis of the new apartments and houses market in Cyprus for the period January to September 2024, conducted by Landbank Analytics , revealed a significant increase in real estate sales...
Between January and August 2024, the Cyprus Land Department issued mortgages worth €1.94 billion for 7,212 properties. Compared to the same period last year, when 7,313 mortgages worth €1.98 billion..
Limassol has seen unprecedented growth in property sales, attracting the attention of both investors and homebuyers. A variety of factors, including attractive business conditions, growing interest from international buyers and..
A large-scale project is underway on the coast of Ayia Napa to renovate the old Romulus Hotel, which has been abandoned for a long time. It is expected that the..
At the Elevate 2024 summit in Limassol, Olga Loktionova, PR director of the Cyprus marketing agency CAPSBOLD, shared her views on the role of branding, marketing and emotional storytelling in..
The publication of building permits data in Cyprus has been delayed due to changes in the process. According to a statement by the Cyprus Statistical Service (Cystat), the delay is..
Domenica Group , a leader in luxury property development in Paphos, held a gala event on September 25th to celebrate the success of one of its largest projects, the Elements..
The Public Works Department of the Ministry of Transport, Communications and Works of Cyprus has signed a contract for the construction of a new roundabout and improvement of the access..
One of the main problems facing the construction sector in Cyprus is the lack of skilled labour, said Stefanos , Secretary General of the Cyprus Construction Contractors Association (OSEOK). Pieridis..
The Cyprus Department of Environmental Protection has approved the expansion of the Linear Park along the Pedios River in Nicosia, a project which includes the creation of new pedestrian paths..
With inflation rising and interest rates increasing, the European property market is facing serious challenges. However, the property markets of Cyprus, Greece and Serbia continue to demonstrate resilience, offering attractive..
In the second quarter of 2024, house prices in the EU countries increased by 1.9% and rents for residential properties increased by 0.7% compared to the first quarter of 2024...
In the coming years, the government will focus on promoting and completing new tourism projects, with a particular focus on the construction of new golf courses and marinas. The Tourism..
The number of new residential properties put up for auction has increased significantly since Q2 2024, following a pause caused by changes in the property confiscation legislation at the end..
The European Commission intends to take “concrete and effective” steps to improve housing conditions by playing a more active role in this area. However , it will respect the principles..
Cyprus will be one of the venues for the meeting of the Consortium for European Building Control ( CEBC ), which is being organised by the Ministry of Interior. The..
On October 7, a meeting was held between the Pancyprian Construction Entrepreneurs Association and the Cyprus Banking Association, where key issues affecting both the banking sector and the real estate..
According to official statistics published by the Cyprus Land Department, the number of property transactions in September 2024 decreased slightly compared to the same period last year. A total of..
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