Cyprus housing crisis: supply, rentals & new government measures

Latest News & Updates
The Cyprus housing crisis remains a major political and economic issue, with the government, property developers and professional bodies proposing different measures to increase housing supply, control costs and...

Latest News & Updates

Cyprus property sales rise 10% in August

Cyprus property sales continued to grow in August, with 1,241 contracts recorded across the island. That was 10% higher than the 1,128 sales recorded...

Parliament reopens debate on foreign property ownership in Cyprus

Parliament's Interior Committee is bringing back four proposals deferred during the previous parliamentary term, with changes aimed at tightening rules on foreign property ownership...

Cyprus could gain powers to target short lets in housing hotspots

Cyprus could soon have firmer legal backing to change its short-let rules to restrict Airbnb-style rentals in areas facing proven housing pressure. But any...

Cyprus developers urge action on unsafe & jointly-owned buildings

Cyprus must make meaningful progress on unsafe and jointly-owned buildings during the new parliamentary session, according to the Property Developers Association (CPDA). The association...

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Sales

Foreign buyers take a bigger share of Cyprus property market

Foreign buyers are continuing to strengthen their position in the Cyprus property market, with international demand growing faster than the market overall, according to...

Prices

Larnaca leads Cyprus property market as apartments outperform

Cyprus property prices continued to rise in the second quarter of 2026, with Larnaca emerging as the strongest-performing district across several parts of the...

Statistics

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 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...

Cyprus top property sales hit €286.4m in first half of 2026

The combined value of the 50 most expensive property transactions completed in Cyprus during the first half of 2026 reached €286.4 million, according to...

Cyprus building costs rise as material prices increase

Anyone planning to build or renovate a property in Cyprus is facing higher costs once again, as construction material prices continued to become more...

Articles

Easy prey: buying property in Cyprus can become a nightmare

I've moved into the house that was sold to me as fully renovated, only to discover that it's been one thing after the other....

Could a tenant reliability register fix the Cyprus rental market?

After many years in the property sector, I have seen Cyprus' real estate market go through many cycles. I have experienced economic downturns, managed...

Cyprus housing crisis: the 25,000 homes it still needs

There is one number that, in my view, should change the way we discuss housing in Cyprus: 25,000 homes. These are not homes needed over...

Cyprus housing crisis: the lost decade of homebuilding

The Cyprus housing crisis did not begin with today's soaring property prices. It began when the country stopped building and, more than a decade...

Construction costs must be part of affordable housing

The housing market already faces enough challenges. Housing supply is limited, planning and permitting times can be unreasonably long, land is expensive and finance...

Cyprus weather forecast

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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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