Recent government announcements on housing are welcome, but they will not be enough to correct the long-standing distortions in Cyprus' property market.
Home prices continue to rise, driven mainly by demand from overseas buyers and increasing construction costs. A fundamental...
The 8.5% rise in home prices in the second quarter of 2026 is bound to attract attention. For a buyer in the Cyprus property market, though, the question is simpler: can I still afford a home in the area...
Cyprus' strategy to attract overseas investment has delivered economic benefits. But without proper planning for housing, it has also added pressure to rents and left some groups carrying more of the housing costs, argues the author writing in Politis.
Over...
Buying a property is one of the biggest financial decisions most people will make. It is therefore reasonable for buyers to want to know who they are dealing with, whether that professional meets clear standards, and whether they operate...
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. It doesn't stop; a meticulously curated display of moral bankruptcy.
It's hard not to wish upon...
After many years in the property sector, I have seen Cyprus' real estate market go through many cycles. I have experienced economic downturns, managed complex investments and worked with a wide range of professionals and institutions.
Yet one problem remains...
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 the next few years because of population growth. They represent, according to a recent detailed...
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 after the financial crisis and haircut, the consequences are becoming impossible to ignore.
The shortage of...
The housing market already faces enough challenges. Housing supply is limited, planning and permitting times can be unreasonably long, land is expensive and finance costs have risen. At the same time, global supply chains have brought more disruption than...
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 repaired and brought back into use.
The figure comes from estimates...
