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According to the Land Department, the Ask Wire report summarised key indicators of the residential property market in Cyprus for the period from January 2019 to August 2024. The focus..
Nicosia city centre was once a symbol of life and activity in Cyprus, especially in the 1980s, 1990s and early 2000s. Strolls along Makariou Street and the surrounding areas attracted..
Ask Wire, a company that uses technology to monitor property transactions, asking prices and construction activity, has conducted a market analysis in Cyprus’ two largest cities, Limassol and Nicosia. The..
Ayia Napa Marina, which has become one of the main centers of elite recreation and life in Cyprus, has opened a new sales office on the Molos promenade in Limassol...
Luxury property developer Tor Properties has revolutionised the workplace in Cyprus with the launch of its ground-breaking office centre, The Triangle. Situated close to the highway and the centre of..
Nicosia Criminal Court has heard a case related to the revelation of the “golden passport” program. The scandal was widely publicized following an Al Jazeera investigation and involved high-profile figures,..
The Lighthouse by E. Papachristou Architects LLC is a unique example of contemporary office development in the Tsiflikoudia area of Limassol. This 81-metre high, 19-storey architectural masterpiece combines innovative design..
A recent ruling by the French Supreme Court on complaints about noise and odours from animals in rural areas has attracted public attention and can be compared to some cases..
At the end of November, DTA Group announced the delivery of the first homes of the luxury resort complex Guru Mountain Resort , which is being built in the Platres..
Fully green by 2030 , with the target shortened to 2028 for public buildings. These measures are part of the revised Energy Performance of Buildings Directive, which aims to make..
The recent decision by the Cyprus Parliament to amend the “Transfer and Mortgage Law” represents a major step towards simplifying the mortgage liquidation process and eliminating the problem of “trapped”..
President Nicos Christodoulides on Thursday reiterated the government's commitment to supporting the construction sector and the property market in Cyprus. His statement was made at the annual general meeting of..
Sales of real estate on the domestic (Cypriot) market In November 2024, property sales on the domestic market in Cyprus amounted to 914 transactions, an increase of 8% compared to..
"360" is not just a new building in the center of Nicosia, but a real work of architecture that represents a new standard of living in Cyprus. It is the..
The Cypriot government on Wednesday approved a new program to subsidize interest rates on home loans, aimed at combating the effects of high interest rates and inflationary pressures. The move..
In November 2024, the number of sales on the Cyprus property market increased by 9%, amounting to 1,506 transactions, compared to 1,386 in November 2023. From January to November 2024,..
The Cyprus property market continues to show growth in sales between January and September 2024. A detailed analysis based on Land Department data has revealed important trends that continue to..
Cyprus is introducing reforms to speed up the process of obtaining building and planning permits. Constantinos Ioannou said that small construction projects will now require only 40 working days to..
In October 2024, Limassol continued to hold a leading position in the luxury real estate market of Cyprus. According to the analytical company Ask Wire , Limassol recorded four of..
Late on Thursday, part of a balcony collapsed in the Neapolis area of Limassol , once again drawing attention to the city’s poor building conditions. Debris from a fourth-floor balcony..
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,..
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