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Corallian Holdings Ltd has announced the construction of a new residential complex of 15 houses with swimming pools and a biological treatment plant in the area of Peyia, Paphos. The..
Foreign buyers remain an integral part of the residential property market in Cyprus, accounting for a significant share of transactions in January 2025. According to the Cyprus Land Department, of..
The AKEL party has proposed a bill that would abolish the preferential VAT rate of 5% for foreign nationals who purchase or build residential property in Cyprus. The bill was..
A large-scale integrated development project is starting in Limassol, in the Palodia area, which promises to be an important stage in the development of the region. The project was developed..
INEX is actively changing the commercial real estate market in Cyprus, creating high-quality office spaces for modern companies. With its innovative projects in Paphos and plans for Limassol, INEX sets..
According to the January 2025 Landbank Analytics report, Limassol continues to lead the office rental market in Cyprus. The average rental price in the city is €29 per square meter,..
In the Akamas region, in the municipality of Peyia, a new residential project by Celicandia Ltd is starting. The project includes the construction of 26 modern villas with private pools,..
The number of registered short-term rental properties in Cyprus is growing rapidly. Deputy Tourism Minister Costas Koumis reported that in April 2025, the number reached 8,248, compared to 4,765 two..
A project to renovate the old city centre has been launched in the Strovolos area, aiming to breathe new life into this part of the city. The main objective of..
The EU Cohesion Policy has been a key instrument in ensuring sustainable economic growth and improving the quality of life in Cyprus over the last two decades. Thanks to this..
Panikkos Livadiotis Group has announced the completion of its new residential complex "Ria Court 84" in Drosia, Larnaca. The five-storey building is located on Melatrou Evgirias Street, next to the..
The Minister of Agriculture, Rural Development and Environment, Maria Panagiotou, visited the port in the village of Pomos, located in the picturesque Akamas region, to assess the current state and..
Ask Wire , a technology-powered real estate analysis company, has released a report on the ten most expensive real estate transactions completed in 2024. The total value of these transactions..
Ask Wire has released data on the ten most expensive residential property transactions completed in December 2024. Limassol again topped the rankings with six transactions, followed by Nicosia and Larnaca,..
The top 50 residential property transactions in 2024 totalled €386.2 million. The top ten most expensive properties accounted for 51.7% of the total transaction value, all located in Limassol. Nicosia..
After the successful implementation of the Attikis project Residences in Nicosia, luxury property developer Cybarco Development announced a new project in the capital – Park Residences . The complex will..
bbf has confirmed plans to demolish the historic KEAN factory in Limassol to make way for the construction of large residential, commercial and office buildings. The factory, located on Limassol's..
Domestic Residential Property Sales in January 2025 In January 2025, residential property sales on the domestic (Cypriot) market increased by 27% compared to January 2024, accounting for 60% of total..
Integrated development project focusing on education, research and innovation in the Agios Athanasios Limassol is being promoted by the Holy Metropolis of Limassol and has already been submitted to public..
According to official data from the Land Department, the number of sales contracts registered in January increased by 21% compared to the same period in 2024. The increase was seen..
According to the latest Ask index Wire for Q4 2024, the Cyprus residential property market shows mixed dynamics. The sale and rental prices of apartments continue to increase due to..
Since 2015, foreign buyers have played a key role in the Cyprus residential property market. Demand is particularly high in the seaside area of Paphos, where 83% of property sales..
In Cyprus, EU citizens can acquire residential property without restrictions, while third-country nationals face a number of problems. These rules are regulated by the Aliens’ Acquisition of Real Estate Law..
According to official data from the Land Department, in recent years there has been a significant increase in the acquisition of residential property by foreigners in all areas of Cyprus...
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