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Iliso Suites is a luxury residential property that is in the final stages of construction and is a luxury residential complex from the renowned developer Pafilia Property Developers . This..
Between 2010 and 2023, residential property prices in Europe increased by 48%. This growth was uneven across regions, with housing costs, including utility bills, rising significantly in some countries. According..
Limassol , one of the largest cities in Cyprus, is experiencing a real crisis in the residential property sector. Over the past five years, rental and purchase prices of residential..
The Medium-Term Financial Framework 2025-2027 provides for significant investments in infrastructure development in both urban and rural areas. The total amount of these projects is 310 million euros. Of this,..
According to data from Ask Wire , the top 10 most expensive property transactions in Cyprus in October totalled €68.4 million. These transactions reflect the high activity in the market,..
Construction of the Limassol project Blue Marine , valued at €500 million, is progressing at a rapid pace, transforming central Limassol into a modern and iconic district. This large-scale project..
Cyprus is continuing to revoke “golden passports” issued under the island’s citizenship-by-investment program, which was abruptly ended in November 2020. The moves follow a detailed investigation by former Supreme Court..
Limassol Municipality has announced the start of the renovation of Heroes’ Square and the surrounding streets. The €5.5 million project, with a completion date of 18 months, aims to enhance..
Larnaca , a city with a rich history and unique charm, is preparing to host a new large-scale project called “ Land of Tomorrow ". This project will be an..
Neocleous Tower is an innovative commercial complex located in the heart of Limassol . The project is aimed at companies seeking to harness the power of a modern workplace, combining..
According to the Delfi report Partners & Company , the total value of real estate transactions by mid-2024, exceeding pre-Covid levels, amounted to €2 billion. The average value of one..
Cyprus property is showing resilience despite ongoing global volatility, as evidenced by the Cyprus Market Watch " by Delfi Partners & Company . Supported by the activity of local buyers..
An analysis of data provided by the Landbank Analytics platform shows the varied changes in residential property prices in Cyprus in the first nine months of 2024. The data is..
Ratings agency Moody's has raised Cyprus' credit rating by two notches, from Baa2 to A3, a move that has opened up new opportunities for foreign investment and job creation, President..
Cyprus has introduced two bills aimed at providing incentives to property owners who rent out apartments at affordable prices. The measures include significant tax breaks under the “ Renovate-Rent ”..
Apartment prices and rents in Cyprus showed steady growth in the third quarter of 2024, despite the overall market decline, according to a report by the analytical company Ask Wire..
Ask Company Wire , which specialises in tracking transactions, asking prices and construction activity in the property sector, has published its updated Property Sale and Rental Price Index for the..
Hotel Curium The Palace , formerly located on Lord Byron Avenue in Limassol , is being reborn, but with a new image and a completely different purpose. A nine-storey mixed-use..
According to the Statistical Service of Cyprus, in the first six months of 2024, the construction production index increased by 4.7% compared to the same period in 2023. In the..
Property sales in Cyprus showed a slight increase of 1% in October 2024, recovering from a decline in September. According to the data from the Land Registry Department, the number..
Aristo Company Developers , a leader in the construction industry in Cyprus with over 40 years of experience and a portfolio of 265 completed projects, has announced the start of..
The number of new construction projects in Cyprus continues to grow in 2024, with residential projects leading the way. KPMG Cyprus report Real Estate Market Report Insights ", presented in..
Failure by the tenant to repair or maintain the property creates a right for the landlord to compensation. Under standard lease terms, the tenant is obliged to hand over the..
Residential property investors in Cyprus are seeing rental yields that are significantly higher than those on bank deposits. As of October, average rental yields are up to 6%, while deposit..
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