News

New developments in the pipeline in Agios Athanasios

11.04.2023 Municipality of Agios Athanasios in Limassol has been enriched by new developments that relate to office and commercial projects, as well as public squares and parks. Large-scale development is..

The Leptos Coral Seas mansion in Spain’s Elle Decor magazine

11.04.2023 One of the beautiful villas of the Leptos project Coral Seas in Coral Bay has been featured in Elle magazine Decor Spain Magazine after an interview with Elena Uchaeva,..

Cybarco : Towers , mansions and residential buildings under construction

10.04.2023 Several new Cybarco projects are under development in various areas of Cyprus, some of which are expected to be commissioned during 2023. Among them Attikis Residences , which marks..

Three unique commercial properties from Cyfield in main areas of Nicosia

10.04.2023 Cyfield offers the market three new unique and modern commercial properties in the center of Nicosia. These brand new buildings are located in the central areas of Nicosia and..

Cypriots forced out of property market

08.04.2023 Cypriots are being squeezed out of the property market as they cannot afford rising rents, and construction costs and interest rates make houses unaffordable. Panos Danos FRIX, CEO of..

Cyprus construction sector activity declines as costs continue to rise

07.04.2023 The Statistical Office of Cyprus ( Cystat ) on Thursday reported an annual fall in construction production in the fourth quarter of 2022, while producer prices in construction increased..

Cyprus properties worth over €1.5 billion put on the market

05.04.2023 According to the Cypriot Fintech Industry Analyst Report Ask Wire , there are currently over 7,000 properties available on the market with a total value of over 1.5 billion..

Kition : Work on the high rise building in Larnaca

05.04.2023 Kition Tower , centrally located on Grigoris Avenue Oxentiou in Larnaca will be a 23-story high-rise residential complex with 50 residential units ranging from one to five bedrooms. Psaras..

AKASA: A special project in Limassol by Armeftis Partners

05.04.2023 The design of another unique residential project was carried out by the architectural company Armeftis Partners . Located in the unique Panthea area of Limassol , AKASA is a..

House prices increased in Cyprus compared to last year

05.04.2023 In the fourth quarter of 2022, house prices in Cyprus rose by 4.4% compared to the same quarter last year, but decreased by 4.0% compared to the third quarter,..

Brightbuild Residences : New residential development next to My Mall Limassol

04.04.2023 The Environmental Protection Agency approved the construction of Brightbuild residences . This is a residential development planned by Brightbuild. Properties Ltd and includes three complexes of buildings (Block A..

Мinistry seeks compromise on VAT home discount

04.04.2023 The Treasury is seeking a compromise with the House of Representatives on the thorny issue of lowering VAT on first homes by raising real estate values, rather than changing..

Cyfield : New contemporary apartment building in the center of Latsia

03.04.2023 If you are looking for a modern apartment in a new block of flats, in a good area and with all the amenities for your family to live in,..

Real property is a good investment

03.04.2023 The inflation rate in Cyprus is declining but still remains high (6.7% in February 2023). Interest rates are very low: 1.29% for deposits of individuals and 1.27% for deposits..

Millennial and Generation Z: Fear of home loans sends them to … rent

31.03.2023 The housing needs of Millennials and Gen Z have been documented in a new survey conducted by IMR/University of Nicosia research and sociology organization. The results of a real..

The next day of the real property market from the perspective of top CEOs

30.03.2023 Land management market trends for 2023, expectations and challenges are some of the topics discussed by leading businessmen at the 17th Land Management, Planning and Construction Conference and Exhibition...

The 17th Land Development, Design and building Construction Conference and Exhibition was held

30.03.2023 March 29, 2023 at the Hilton Hotel Nicosia hosted the most important annual meeting of the real estate, land management and construction industry in Cyprus, the 17th Land Management,..

Real estate investments continue to follow an upward trend

30.03.2023 Constantinos Ioannou stated that investment in Cyprus real estate will continue to grow in 2023 despite adverse conditions and external shocks. Speaking at the 17th Conference, the Minister said..

M. Hatzipanagiotou : Negative effects on households from the proposed VAT legislation

29.03.2023 “Implementation of the proposed property tax law will negatively impact all households,” Michalis warned. Chazipanagiotu during the 17th Conference and Exhibition on Land Management, Planning and Construction. In his..

Ask Wire presents RED: Real-time real property market data at your fingertips

29.03.2023 Ask Wire , an award-winning real estate data analytics company, has announced the launch of its dedicated tool, Real estate Dynamics (RED). RED is a subscription tool that uses..

K. Athinodorou : The course of real property prices and the new reality

29.03.2023 “Rising construction costs, additional costs associated with the transition to green regulation, the risks associated with climate change and rising interest rates constitute the new reality,” said Kikis ...

G. Zenonos : Key to attracting foreign companies is affordable housing

29.03.2023 Affordable housing is key not only for attracting foreign companies and their workforce, but also for Cypriots, Yagos said. Zenonos , real estate and public relations manager for Exness..

G.Misirlis : Need for more properties amid huge increase in demand

29.03.2023 According to Giannis Misirlis , director of Imperio Group , the huge demand for real estate as a result of the massive arrival of international technology companies on the..

VAT on the first residence : Proportionality and the limit requested by the developers

28.03.2023 The application of urbanly correct and socio-economically fair criteria when levying VAT on new residential units used as the main and permanent residence recommends the Pancyprian Association of Land..

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