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18.01.2023 The building materials price index for the period from January to December 2022 recorded an increase of 17.21% compared to the corresponding period in 2021. The increase in the..
18.01.2023 Fields and land were the main focus of property buyers in 2022. In particular, out of 18,598 transactions in the four main categories of real estate over the past..
17.01.2023 Company Panikkos Livadiotis , based in Larnaca , will actively continue its operations in 2023. The company is pleased to announce the start of work on its new residential..
17.01.2023 The Real Estate Agents Registration Board released a statement on Monday saying that the total value of all properties sold in Cyprus in 2022 reached approximately 6 billion euros...
16.01.2023 The new residential tower Cyfield will be built on a key shopping street in the center of Nicosia. Stasikratous Residences will be built on Stasikratous Street , enriching the..
16.01.2023 Since foreign demand is primarily directed to Limassol (approximately 70%), it is clear that it has benefited the most (market activity and rising values), but note the already prevalent..
15.01.2023 Last year, there was a positive trend: new sales showed an increase in real estate contracts by 35%. At the same time, it is worth noting the increase in..
14.01.2023 The construction exit price index for the third quarter of 2022 reached 129.53 units (base year 2015 = 100.00), recording an increase of 11% compared to the same quarter..
13.01.2023 The construction production index in the third quarter of 2022 reached 178.22 units (base year 2015 = 100.00), recording a 5% decrease compared to the third quarter of 2021,..
13.01.2023 Executive Director of the D. Zavos group of companies Michalis D. Zavos expressed his assessment that the expected reorganizations will not have a negative impact on Cypriot real estate...
13.01.2023 Between January and October 2022, there was a 4.9% decrease in building permits issued between January and October 2022, according to city and district governments. According to the Cyprus..
12.01.2023 CEO of Cypriot fintech company Ask WiRE Pavlos Loizu , in an analytical report on the domestic real estate market in the coming year, explained that residential property prices..
11.01.2023 Serenity Villa in Mykonos , which is of interest to the Cypriots, is listed for sale for $24.7 million . This is a property on a famous Greek island..
10.01.2023 Projects that have been completed, projects that are underway and projects that will start within the next six months in the city of Paphos total 89 pieces with a..
10.01.2023 The House Price Index (HPI) recorded an increase of 5.3% in the third quarter of 2022 compared to the same quarter in 2021, according to a preliminary estimate released..
10.01.2023 The European Commission has given Cyprus until mid-February to pass new legislation governing the collection of reduced VAT on real estate, otherwise it will advance the infringement case. Brussels..
10.01.2023 Rising mortgage rates have shattered dreams of owning a home, leaving many in a 2022 trap as rents rise above what families pay each month on a home loan...
09.01.2023 Brussels is talking about the approval of the "mortgage-rent" scheme for problem borrowers, calling on the Cypriot authorities to create a company to manage this scheme. The European Commission's..
09.01.2023 Cyprus is considered a safe country, perhaps the safest country in the EU. However, the importance given to security in the real estate market is growing. Improved security increases..
09.01.2023 Short term rentals attract visitors, both for leisure and work, both from Cyprus and abroad. It is now considered a social must for those looking for a simple, quiet,..
06.01.2023 Sales in the Cyprus real estate market last year exceeded all expectations. Amid inflation and amid rising property prices and wider economic uncertainty, property sales recorded a 30% increase..
05.01.2023 The Borrower Protection Association on Wednesday released a statement calling on the government to develop and take immediate action to help consumers, households, businesses and borrowers as the foreclosure..
04.01.2023 The Cyprus property market is being weighed down by high construction costs and interest rates as Cypriots see their dream of owning a home not being fulfilled and real..
03.01.2023 The Ministry of Finance is keen to push the difficult issue of finding a compromise on reduced VAT for the first homes after the European Commission's latest warning against..
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