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Restricted Titles to Real Estate: What Owners Need to Know

Restricted Titles to Real Estate: What Owners Need to Know

The Cyprus Immovable Property Law (Chapter 224) prohibits owners of property listed on a title deed from transferring or mortgageing the property if it is issued with an “unauthorised building..

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Affordable Residential Property Development in Cyprus: New Opportunities for Investors

Affordable Residential Property Development in Cyprus: New Opportunities for Investors

As part of the new housing policy, the Cyprus Ministry of Interior plans to create affordable housing by attracting investment in construction. At a meeting entitled “New Housing Policy: From..

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Analysis of the real estate market in Cyprus: transaction volumes and dynamics by region

Analysis of the real estate market in Cyprus: transaction volumes and dynamics by region

The Cyprus property market showed stability in the first nine months of 2024, despite fluctuations in transaction volumes and values. According to the Land Department, 14,074 transactions worth €3.1 billion..

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Investments in new buildings in Cyprus in 2024: trends and prospects

Investments in new buildings in Cyprus in 2024: trends and prospects

Analysis of the new apartments and houses market in Cyprus for the period January to September 2024, conducted by Landbank Analytics , revealed a significant increase in real estate sales...

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Mortgage transactions in Cyprus in 2024: dynamics and key regions

Mortgage transactions in Cyprus in 2024: dynamics and key regions

Between January and August 2024, the Cyprus Land Department issued mortgages worth €1.94 billion for 7,212 properties. Compared to the same period last year, when 7,313 mortgages worth €1.98 billion..

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Why is now the best time to invest in Limassol property

Why is now the best time to invest in Limassol property

Limassol has seen unprecedented growth in property sales, attracting the attention of both investors and homebuyers. A variety of factors, including attractive business conditions, growing interest from international buyers and..

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Romulus Hotel Transformation: From Abandoned Building to Luxury Hotel

Romulus Hotel Transformation: From Abandoned Building to Luxury Hotel

A large-scale project is underway on the coast of Ayia Napa to renovate the old Romulus Hotel, which has been abandoned for a long time. It is expected that the..

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How Branding and Storytelling Are Changing the Real Estate Market in Cyprus and Around the World

How Branding and Storytelling Are Changing the Real Estate Market in Cyprus and Around the World

At the Elevate 2024 summit in Limassol, Olga Loktionova, PR director of the Cyprus marketing agency CAPSBOLD, shared her views on the role of branding, marketing and emotional storytelling in..

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Why is the publication of building permits data in Cyprus delayed?

Why is the publication of building permits data in Cyprus delayed?

The publication of building permits data in Cyprus has been delayed due to changes in the process. According to a statement by the Cyprus Statistical Service (Cystat), the delay is..

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Construction of a new residential complex Elements in Paphos in Color Park

Construction of a new residential complex Elements in Paphos in Color Park

Domenica Group , a leader in luxury property development in Paphos, held a gala event on September 25th to celebrate the success of one of its largest projects, the Elements..

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New changes in the transport infrastructure of Episkopi : construction of a roundabout

New changes in the transport infrastructure of Episkopi : construction of a roundabout

The Public Works Department of the Ministry of Transport, Communications and Works of Cyprus has signed a contract for the construction of a new roundabout and improvement of the access..

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Rising Material Prices and Labor Shortages: Key Issues in Cyprus’ Construction Sector

Rising Material Prices and Labor Shortages: Key Issues in Cyprus’ Construction Sector

One of the main problems facing the construction sector in Cyprus is the lack of skilled labour, said Stefanos , Secretary General of the Cyprus Construction Contractors Association (OSEOK). Pieridis..

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Extension of the Linear Park in Pedias : improving the infrastructure for recreation and walking in Nicosia

Extension of the Linear Park in Pedias : improving the infrastructure for recreation and walking in Nicosia

The Cyprus Department of Environmental Protection has approved the expansion of the Linear Park along the Pedios River in Nicosia, a project which includes the creation of new pedestrian paths..

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How Cyprus and Greece Attract Foreign Investors to Commercial Real Estate

How Cyprus and Greece Attract Foreign Investors to Commercial Real Estate

With inflation rising and interest rates increasing, the European property market is facing serious challenges. However, the property markets of Cyprus, Greece and Serbia continue to demonstrate resilience, offering attractive..

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How have house prices and rents changed in the EU from 2010 to 2024?

How have house prices and rents changed in the EU from 2010 to 2024?

In the second quarter of 2024, house prices in the EU countries increased by 1.9% and rents for residential properties increased by 0.7% compared to the first quarter of 2024...

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Marina and Golf Course Construction: Key Tourism Projects in Cyprus

Marina and Golf Course Construction: Key Tourism Projects in Cyprus

In the coming years, the government will focus on promoting and completing new tourism projects, with a particular focus on the construction of new golf courses and marinas. The Tourism..

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How have changes in legislation affected the Cyprus property market?

How have changes in legislation affected the Cyprus property market?

The number of new residential properties put up for auction has increased significantly since Q2 2024, following a pause caused by changes in the property confiscation legislation at the end..

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New EU steps to address the housing crisis and support citizens

New EU steps to address the housing crisis and support citizens

The European Commission intends to take “concrete and effective” steps to improve housing conditions by playing a more active role in this area. However , it will respect the principles..

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CEBC Conference in Cyprus: Discussing Modern Approaches to Building Control

CEBC Conference in Cyprus: Discussing Modern Approaches to Building Control

Cyprus will be one of the venues for the meeting of the Consortium for European Building Control ( CEBC ), which is being organised by the Ministry of Interior. The..

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How the banking and construction sectors work together for the benefit of the Cyprus economy

How the banking and construction sectors work together for the benefit of the Cyprus economy

On October 7, a meeting was held between the Pancyprian Construction Entrepreneurs Association and the Cyprus Banking Association, where key issues affecting both the banking sector and the real estate..

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Cyprus property market in September: what has changed for local and foreign buyers

Cyprus property market in September: what has changed for local and foreign buyers

According to official statistics published by the Cyprus Land Department, the number of property transactions in September 2024 decreased slightly compared to the same period last year. A total of..

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Office space in Cyprus is more expensive than in London: reasons and consequences

Office space in Cyprus is more expensive than in London: reasons and consequences

Office rents in Cyprus, particularly in coastal Limassol , are in some cases higher than in London or Amsterdam. Major tech companies operating on the island say that the issue..

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New architectural project Landmark Nicosia : luxury and innovation in the heart of the capital

New architectural project Landmark Nicosia : luxury and innovation in the heart of the capital

Construction work on the MHV Mediterranean project Hospitality Venture Group called "The Landmark Nicosia » is actively continuing. This significant project, located in one of the central areas of the..

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Corruption and ‘golden passports’ trial postponed to 2025

Corruption and ‘golden passports’ trial postponed to 2025

The 'golden passports' trial linked to the Al investigation Jazeera , postponed again. The case stems from a 2020 investigation that accused senior figures of corruption. The defendants include former..

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