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20.02.2023 As the new president takes office, several proposals need to be made that could improve the real estate and construction industry. The acceptance of deputy ministers by the previous..
20.02.2023 Housing prices and rents are rising due to a lack of supply, with real estate analysts suggesting the authorities take drastic measures to bring new properties to the market,..
19.02.2023 The government has allocated funds to stabilize the landslide that caused the collapse of the houses, but there is still no decision on compensation to the owners. The government..
18.02.2023 There was an increase in prices for the purchase and rental of apartments and cottages for recreation. It is worth noting that on an annualized basis, holiday apartments posted..
18.02.2023 Affordable housing is one of the most problematic issues, and other than subsidies, the outgoing government had no major solutions. And yet there are solutions, with a reduction in..
18.02.2023 Cyprus' goal is to recycle 70% of construction and demolition waste, Agriculture Minister Costas Cadiz said on Friday. Speaking at a conference on the robotic method used to separate..
17.02.2023 In 2022, the Paphos real estate sector saw double-digit growth in sales, with transaction volume up 31% year-over-year, according to the latest release of PwC Cyprus Real Estate Market..
17.02.2023 The building materials price index for January 2023 reached 136.01 units (2015 base year = 100), recording a 12.25% increase from the same month of the previous year, according..
17.02.2023 MPs on Tuesday called for crackdown on people who rent out their properties but continue to evade taxes by not registering as Airbnb. The House Commerce Committee discussed the..
15.02.2023 Revised and improved housing schemes and allowances to support residents of rural, mountainous, arid and disadvantaged areas, allowance policy and a new housing scheme for the walled city of..
15.02.2023 Increasing the affordability of real estate can help curb rising rental prices. According to a report by Cypriot fintech company Ask WiRE, which again highlights the problem of vacant..
15.02.2023 According to an in-depth analysis by PwC, the total value of real estate transactions in Cyprus reached a record level of 5.2 billion euros in 2022, recording an annual..
11.02.2023 Non-residential building permits recorded a 5.1% year-on-year decline, falling to 1,088 from 1,146, and lot subdivision was down 3.8% year-on-year. Conversely, civil engineering projects rose 13.9% year-on-year between January..
11.02.2023 I wonder what the future holds for real estate when we have a new president. Based on what the candidates have announced, we can make some assumptions about how..
10.02.2023 The new gem of Limassol is located on the main road to the port. Cypriot architecture firm CSS Architects & Associates took over the entire design of the tower..
10.02.2023 According to a report published this week by the Real Estate Agents Registration Board, the Cyprus property market performed well in the second half of the year, pushing the..
10.02.2023 Building permits issued in Cyprus between January and November 2022 decreased by 5.4% year-on-year, while their total cost increased by 1.2%, reflecting an increase in construction costs amid soaring..
09.02.2023 The real estate market in the new year recorded an increase of 28% and continued the positive dynamics of last year. In particular, according to the Department of Cadastre..
08.02.2023 In the last decade, Limassol has experienced rapid growth thanks to the arrival of foreign companies and the implementation of many development projects. The towers erected in the city,..
08.02.2023 There has been a significant increase in real estate sales in the second half of 2022 compared to the first half, as can be seen from the comparative real..
07.02.2023 Work is underway on a high-rise residential building on Park Avenue in the center of Larnaca, some of the apartments have already been sold. The project was implemented by..
07.02.2023 According to a report released this week by the Central Bank of Cyprus, house prices in Cyprus continued to rise in the third quarter of 2022, mainly due to..
07.02.2023 According to the Ask WiRE Property Index for the fourth quarter of 2022, average annual property prices in Cyprus rose by 9.9% for apartments, 1.0% for houses and 0.3%..
07.02.2023 Lack of financial literacy can lead people to consider investing in real estate. This is a provocative statement to say the least, so let me explain. When considering your..
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