News

Nicosia properties threatened by flooding mapped

03.01.2023 Ask Wire on Tuesday released a report documenting properties in Nicosia that are at risk due to the possible flooding of the Pedios River . The company noted that..

Cyprus property market faces significant challenges in 2023

03.01.2023 President of the Board of Registration of Real Estate Agents Marinos Kineirou said the organization has taken important steps to address critical issues affecting both real estate agents and..

Real estate will stabilize after mini-boom

31.12.2022 The Cyprus real estate sector is stabilizing after hitting a record number of sales since 2008 as the post-pandemic growth trend is halted by rising construction costs and interest..

SKEK: The Cyprus real property market is holding up

31.12.2022 The meeting, which took place on December 21 in Nicosia, was attended by the president of DISY and the candidate for the presidency of the Republic , Averof Neophytou,..

Cyprus property market holding up despite economic sentiment

30.12.2022 The President of the Association of Real Estate Agents and Entrepreneurs of Cyprus ( Skek ), Andreas Kauris , said on Thursday that despite problems with declining global property..

Lanitis Golf Public Co : The implementation path of Limassol Greens

30.12.2022 Sales of residential complex Limassol The Greens were at a very satisfactory level until the end of 2022. This level started in 2021 when Lanitis Golf Public Co ,..

Cyfield’s three new commercial buildings in the capital

29.12.2022 Cyfield offers three unique commercial buildings in Nicosia. These are the projects Hill business Center on Athalassas Avenue , T- Capital on Dasupoleos and Vassili Streets Michaelides and The..

Real estate company invests in digital transformation and process innovation

29.12.2022 Cyfield , one of the leading and most experienced construction companies in Cyprus, announced this week that it has selected Capacitor Partners to manage the digital transformation of certain..

Europe issues VAT ultimatum on new homes

28.12.2022 The European Commission has sent an ultimatum to Cyprus in connection with the island's violation of the European directive on the reduction of VAT when buying or building a..

Joint session of the Board of Associations – Members of OSEOK

25.12.2022 On Thursday, 15 December 2022, a joint meeting of all Boards of Directors of the members of the Cyprus Construction Contractors Association ( OSEOK ) was held at the..

Foreign investors driving the property market

25.12.2022 According to the Land Registry, foreign investors have not lost interest in Cypriot property and are not discouraged by rising interest rates as sales doubled in the third quarter..

Major development projects upgrading Nicosia

23.12.2022 Major development projects are on the way, which will change the image of Nicosia. A more recent event is the signing of an agreement to build the Cyprus Museum...

Cybarco: The project that marks the dynamic return to Nicosia

23.12.2022 2023 is also projected to be an extremely active yet important year for Cybarco as the new year sees the completion of major projects currently on the way for..

Energy efficiency in real property investment

23.12.2022 The European Insurance and Occupational Pensions Authority (EIOPA) has published a discussion paper on proactive sustainability risk management with a focus on the real estate sector. The paper highlights..

YOO Limassol started to gain height

22.12.2022 After being recently awarded five stars at the European property Awards this year, the first residential project in Cyprus bearing the name of a unique brand, YOO Limassol inspired..

Real property market thriving despite high interest rates

22.12.2022 The increase in interest rates did not affect the real estate market, as sales rose by 36% compared to the same period last year, according to Elikkos Elia ,..

Yannis Misirlis : The situation in real property is not so gloomy

21.12.2022 Imperio 's founder and director sends a message that through challenges there are opportunities that will shape the future of real estate development Yannis Misirlis . Mr. Misirlis expressed..

Nikos Anastasiadis inaugurates development projects in Nicosia

21.12.2022 The President of the Republic, Nikos Anastasiadis , will today tour Nicosia, where he will inaugurate development projects. Among other things, President Anastasiadis will lay the foundation stone for..

Land Registry department modernizing its records

21.12.2022 The Department of Lands and Surveys (DLS) said it will modernize and update its records so that each property is assigned to its owner with its identification number. Elikkos..

In 2023 the delivery of properties in Trilogy

20.12.2022 2023 marks an important milestone for Trilogy , the ideal place to live, work and play in Cyprus. Delivery of two facade towers and a public area of 6850..

12.65% annual increase in the construction materials price index

19.12.2022 The building materials price index for November 2022 recorded an annual increase of 12.65%, which reached 133.94 units (based on 2015 = 100), according to data released by the..

Evangelia Iliadou : Real property has quite good prospects in 2023

19.12.2022 CEO of Pafilia property Developers Gospel of the Iliad expresses confidence that the real estate market enters 2023 with good prospects. In the context of Business Forecasting 2023, Ms...

360 business Center : Offices next to the skyscraper of Makarios

16.12.2022 Cyfield creates a modern office complex next to the tallest building in Nicosia. "Business Center 360" is located on Aphroditis Street , next to the house 360 Nicosia, in..

New decline in building permits in September

13.12.2022 The number of building permits issued in Cyprus showed a new year-on-year decline in September, while the construction sector was negatively affected by a wave of rising prices. According..

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