Cyprus News Agency

Property transfers reach almost €4bn in first nine months of 2026

Cyprus property transfers reached €3.72 billion between January and September 2026, up 6.6% year on year. The number of transfers also rose by about...

Property valuers call for faster permits and safer buildings

Faster planning approvals, regular building inspections and better access to property data were among the priorities raised at the annual general meeting of the...

Limassol balcony collapse prompts evacuation of 56-flat block

Residents were evacuated from a 56-apartment block in Limassol after a balcony collapsed on Thursday morning. No one was injured. The incident happened at about...

Residential property prices up 5% year-on-year in Q3 2025

An annual increase of the Residential Property Price Index (RPPI) by 5% was recorded in the third quarter of 2025, compared with 4.7% in...

Russians top list of foreign property buyers

Russians were by far the largest group of foreign real estate buyers in Cyprus during the first two months of 2023, according to data...

Fast track procedure for building permits

More than 2,500 building permits have been issued under the new, fast-track procedure since it was implemented in October 2021, Interior Minister Nicos Nouris...

MEPs press for EU-wide ‘Golden Passports’ ban

The European Commission will very soon present a recommendation to all Member States addressing residence permits and citizenship under investor schemes, Commissioner for Home...

ECB cautions over changing foreclosure law

ECB supervisory board member Elizabeth McCaul advises caution over possible amendments to the Cyprus foreclosure law as they could "backfire and destabilise the banking...

700 borrowers unviable for Estia relief scheme

A total of 700 borrowers with non-performing loans (NPLs) amounting to about €173 million were deemed non-viable for loan subsidisation under the Estia scheme,...

Loan repayment holiday until June 2021

The Central Bank of Cyprus (CBC) has approved a new loan repayment moratorium until the end of June because of the COVID-19 pandemic's consequences...

Due Diligence

Due diligence is absolutely essential before committing to buy a property.

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