News

The impact of short-term rentals on residential property prices and student housing problems

23.08.2024 The main reason for the rise in rental prices, especially in coastal cities, is the decrease in the supply of long-term rentals due to the popularity of short-term..

How to Avoid Unexpected Expenses When Selling Property in Cyprus: Key Costs and Tips

23.08.2024 Selling property in Cyprus offers unique opportunities for owners, but requires a thorough understanding of all aspects of the transaction. Whether selling a private home, a holiday apartment..

3 Principles for Providing Affordable Housing in Cyprus

22.08.2024 The Cyprus Land Development Corporation ( Koag ) is launching a major affordable housing programme aimed at providing citizens with opportunities to purchase or rent property at reduced..

New affordable housing project in Cyprus: construction of 600 apartments in Limassol and other regions

22.08.2024 In Limassol, around 600 new residential units available for rent or purchase are planned to be built in the next six years as part of the government's affordable..

The Cyprus Real Estate Market: Problems, Solutions and the Future of Green Projects

21.08.2024 One of the key issues facing the Cyprus property market today is the significant imbalance between supply and demand, according to the chairman of Imperio Yannis Misirlis ,..

Metochi Estate Project by Fabretti Constructions: city V city

21.08.2024 Fabretti showroom is located Constructions , CEO Stelios Angelodimou presented a new grand project called “ Metochi Estate ". He noted that the area chosen for development is..

Trastor Enters Cyprus Real Estate Market with Acquisition of Labs Tower

Trastor , one of Greece 's leading investment groups with a portfolio of 60 high-quality properties valued at over half a billion euros, is expanding its operations to Cyprus following..

New office centers in Nicosia from bbf : – ideal solutions for business

bbf : plans to build two new office buildings in Nicosia to meet the increased demand for professional workspace, particularly in central areas of the city. This will help expand..

Cyprus University Expands Student Dormitories: New Conditions and Affordable Prices

The University of Cyprus has announced the start of construction of new student dormitories, which will be equipped with modern facilities and will offer comfortable living conditions for students at..

How the Cyprus Real Estate Market is Changing: The Role of New Generations and Current Trends

Danos Company International Property Consultants & Valuers predicts in its H1 2024 report that by 2025, representatives of Generations Y and Z will account for 70% of clients in the..

Saint Nicholas Villas – a new luxury residential complex with an ideal combination of comfort and nature in Protaras

Situated in the popular area of Protaras, Saint Nicholas Villas combines contemporary design, high construction standards and premium materials. The development will be located in the cosy area of Pernera,..

Sunset Gardens – a new residential complex in Limassol for comfortable and eco-friendly living

Owners of apartments on the west side of the Sunset Gardens residential complex in Limassol have received the keys to their new apartments. The complex, which is the city’s first..

How the Cyprus property market is changing: new realities for buyers

The Cyprus real estate market continues to develop despite conflicting trends. On the one hand, the growth of foreign investment and the interest of international companies create prospects for development...

Revival of the legendary Berengaria Hotel as a new stage in the history of Prodromos

Berengaria Hotel in Prodromos, one of Cyprus’ most famous mountain resorts, is progressing according to schedule. BBF has taken on the task of restoring the “Pearl of Prodromos” to its..

New Nicosia Improvement Project: Renewal of the Old Town

On 10 September 2024, contracts were signed for the construction of the project "Reconstruction of the inner perimeter of the fortress wall - Phase A ", the work on which..

New residential project Ria Court 86 – modern apartments in a prestigious area of Larnaca

Panikkos Livadiotis Group continues to expand its property portfolio with the addition of a new residential project, Ria Court 86, which will be located on Georgios Christofides Street in the..

Cyprus Property Market: New Trends and Buyer Behavior in 2024

According to the latest analysis by the Department of Lands and Surveys, the number of property transactions in Cyprus in August 2024 increased slightly compared to the same period last..

Renewal of Larnaca city centre: new streets, squares and recreation areas

The project to improve streets and squares in the center of Larnaca will begin in October and will last 24 months. More than 7 million euros have been allocated for..

How is the construction of the modern office complex Neocleous going? Tower in the center of Limassol?

The construction of the Neocleous Tower office complex in Limassol is proceeding strictly according to plan. The building, which features unique architecture and modern design, will become an important milestone..

Alaya Eco Homes : Living in harmony with nature on the coast of Protaras

Alaya Eco Homes by KARMA Developers is a unique residential complex located in the Cavo Greco area of Protaras, where greenery blends harmoniously with the sky and sea. These homes..

Innovative project :eden bay – a new standard of elite living in Paphos

BBF Commercial Director Elena Petropavlovskaya spoke about the new luxury residential real estate project — eden bay , located in Kato Paphos, near the Tombs of the Kings. She shared..

New infrastructure project in Akamas to connect Tombs of the Kings and Coral Bay

Plans to create a transport link between the famous tourist sites of the Tombs of the Kings and Coral Bay were discussed at a meeting in Akamas Municipality on Friday..

Cyprus’ ‘Golden Passports’: How the Scandalous Program Affected the Country

The golden passport program was launched in Cyprus in 2007 and expanded in 2013 following a banking crisis to attract foreign investment, revive the property market and support the economy...

Why are apartments in Cyprus so popular in 2024?

In the second quarter of 2024, buyers focused primarily on purchasing apartments. The increased interest in apartments is explained by high house prices and limited mortgage lending opportunities for local..

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