News

Fueling future growth: Ask Wire attracts strategic investment for European markets

04.06.2024 Ask Wire, a real estate data analytics company trusted by the Cyprus government, system banks, insurance companies and investors, is pleased to announce the successful completion of its equity..

Gordian: Seaside apartments at Coralli Spa Resort & Residence- Protaras

04.06.2024 Coralli Resort & Spa Resort and Residence overlooking the Mediterranean Sea is a short walk from Bisakia Beach and the famous sandy Fig Tree Beach. The resort consists of..

Cyprus image tarnished by short-term rentals

04.06.2024 President of the Cyprus Real Estate Agents Registration Board Marinos Kineiro on Monday called for stricter regulation of short-term rentals in Cyprus. Marinos Quineiro pointed to the adverse impact..

What is the solution for low-cost housing?

03.06.2024 The cost of buying houses and apartments has become a huge problem in recent years. Of course, there is also the issue of housing rent levels, with rents and..

EBEL: Supports new private developments, but… Yes to malls, with misgivings about traffic

03.06.2024 The Limassol Chamber of Commerce and Industry supports new investments , including the construction of two new shopping centers in the Agios area Athanasios and Mesa Geitonia in Limassol..

Real estate: The precision of Limassol turns investors to other cities – Larnaca is an emerging center

03.06.2024 Limassol is by far the most expensive city, both in terms of renting and purchasing office space, which is pushing companies to look to other cities and especially to..

April’s most expensive real estate sales

02.06.2024 Cyprus fintech company Ask Wire compiled and published data on the 10 most expensive real estate transactions completed in April 2024, detailing the total sales value for each of..

Scramble to process thousands of planning permit applications

02.06.2024 Limassol City Planning Department staff are struggling to sort out thousands of backlogged applications for planning permission as the deadline for local government reform approaches. The reform, which will..

New revised housing plans for remote and disadvantaged areas

30.05.2024 New revised housing plans for the revitalization of mountainous, critical and disadvantaged areas, selected rural areas and benefits to support residents of mountainous and remote areas were approved by..

Ask Wire: The 10 most expensive real estate sales in April – Houses and apartments in the foreground

29.05.2024 According to Ask Wire , the ten most expensive property sales in Cyprus totaled €16.2 million, with the most expensive sale being a house in Kouklia , Paphos area,..

Pafilia Property Developers: Pioneers for almost half a century in the real estate sector in Cyprus

29.05.2024 For almost half a century, Pafilia Property Developers is one of the leaders in the real estate sector in Cyprus. It is one of the largest development companies in..

Metochi Estate: This will be the luxury development in Kykkos

28.05.2024 Metochi Estate , a luxury residential project, is expected to be built on a large plot of the Holy Kykkos Monastery in Engomi . Near Metohi Kikkou , in..

Properties show stability, annual growth in prices and rents

26.05.2024 Ask Wire, a technology company for tracking transactions, asking prices and construction activity in the real estate sector, has released a new edition of the Ask Index Wire for..

Projects worth more than 20,000,000 euros in the last seven years in Chloraka

05.25.2024 On Saturday, the President of the Republic of Cyprus, Nikos Christodoulides , expressed the state's support for the community, inaugurating important projects to complete the construction of measures to..

Practical support of the European Investment Bank in the development program of the Municipality of Paphos

24.05.2024 The European Investment Bank's (EIB) practical support for the Paphos Municipality's program to create modern, functional projects with strong social, environmental and cultural impact was confirmed by the bank's..

Nightingale: New residential development is coming to Platres -What will the project include

24.05.2024 New residential complex " Nightingale" Residential Compound " owned by Roomzly Ltd , in Pano village Platres in the Limassol area , has received approval from the Ministry of..

Limassol top of the props

24.05.2024 At the end of the first quarter of 2024, Limassol experienced the highest percentage of year-on-year price increases for both apartments and houses. Pavlos Loizou , CEO of Ask..

Permit expected soon for Cyprus’ tallest building

24.05.2024 At the end of May, planning permission was issued for the " Aura " project, which will be the tallest building in Cyprus with a height of 181.5 meters...

The European History Park of the Municipality of Aradippou was inaugurated

23.05.2024 The European History Park of the Municipality of Aradippos was opened by Constantinos Ioannou. He stated that "the inauguration of this park coincides with the celebration of the 20th..

The Troodos Observatory is an impressive attraction for astronomers and visitors

23.05.2024 Newly opened observatory in the Troodos region is expected to attract new visitors, both local and foreign, eager to explore the fields of astronomy and space. Construction work was..

Neocleous Tower’s on-schedule construction hits significant milestones

23.05.2024 Neocleous Tower is a modern, environmentally friendly office building in the center of Limassol . Reimagining existing lifestyles and setting a new standard for office buildings in Cyprus, the..

Foreign demand drives office rates

23.05.2024 According to a recent study of the Cyprus property market, office rental costs are rising across the island, reaching their highest level in five years. The rise in demand..

RICS/KPMG property price & rental index Q1 2024

23.05.2024 The latest quarterly publication of the RICS Cyprus Property Index in collaboration with KPMG Cyprus records a price index for property sales and rentals, tracking property and rental prices..

Setai Residences: The ideal investment by Karma Developers

21.05.2024 Project Setai Residences from Karma Developers is being implemented in the cosmopolitan city of Limassol , just 1.2 km from the Mediterranean City casino resort of Dreams . Due..

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