Cyprus asks how to bring 30,000 empty buildings back to life

Articles
Cyprus could have a significant source of new housing sitting in plain sight. An estimated 30,000 buildings across the island are not being lived in and could potentially be...

Latest News & Updates

Cyprus property market shifts as demand moves downmarket

Cyprus' property market suffered a sharp fall in the second quarter, but the figures do not point to a complete freeze. Sales of new-build...

Cyprus housing crisis: 3,300 new homes in the pipeline

Housing has become one of Cyprus' biggest economic and social challenges. It is now high on both the domestic and European Union political agenda,...

Cyprus construction materials prices rise 3.33% in July

The price of construction materials in Cyprus rose by 3.33% in July 2026 compared with the same month a year earlier, according to data...

Cyprus Renovate – Rent scheme struggles to gain momentum

The Cyprus Renovate – Rent scheme is struggling to gain traction, despite offering property owners incentives that are generally seen as attractive enough to...

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Sales

Cyprus property sales rise again as overseas demand grows

As reported earlier, Cyprus property sales continued to strengthen in July 2026, extending the steady growth seen across the island's real estate market over...

Prices

Cyprus property prices threaten financial stability

Cyprus property prices continue to represent one of the biggest risks to the country's financial stability, according to the Central Bank of Cyprus (CBC),...

Statistics

Cyprus building activity rises 45.5% in early 2026

Cyprus building activity rose 45.5% in the first four months of 2026, with approved projects covering 1.35 million square metres. The increase was driven...

Cyprus tops EU for growth in home sales in early 2026

Cyprus home sales continued their strong upward trend during the first quarter of 2026, with the island recording the fastest growth in residential property...

Cyprus construction costs & apartment prices continue to rise

Cyprus' construction costs and property prices continue to climb, driven by higher material costs, strong demand and sustained building activity, according to new market...

Construction material costs continue to rise in Cyprus

The cost of construction materials in Cyprus continued to move higher in May 2026, according to the latest figures released by the Statistical Service...

Articles

Cyprus rents: housing supply must be the priority

Cyprus needs rental policies that do more than limit rent increases. The priority should be to increase the supply of homes available to rent,...

Cyprus commercial property market in 2026

Cyprus' commercial property market remained on a positive track in the first half of 2026, with offices and warehouses recording notable gains in both...

Cyprus housing market hits record high in 2026

Cyprus' housing market confirmed its role as the driving force behind the country's property sector in the first half of 2026, reaching a new...

Lower rents require more homes, not more property taxes

Every time rents rise, the political debate follows the same familiar script. Calls emerge for rent caps, higher taxes on vacant properties, tighter restrictions...

Cyprus property market: No housing bubble, economists say

Rising property sales and a sharp increase in construction activity have reignited debate over whether the Cyprus property market is heading towards overheating. However,...

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Property Investment

Cyprus launches iJustice platform to modernise courts

Cyprus has launched the first phase of its long-awaited iJustice platform, marking a significant step in the digital transformation of the country's judicial system...

Jointly-Owned Buildings

Jointly owned and dangerous buildings take top priority

Legislation covering jointly owned residential buildings and unsafe properties will become the top priority of Cyprus' Parliamentary Committee on Interior Affairs when Parliament returns...

Legal Matters

Cyprus plans major overhaul of forced property sales

Cyprus is set to overhaul the rules governing forced property sales, with new measures aimed at speeding up auctions and bringing greater certainty to...
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