Editorial

Claims Cypriot land is sold off to non-EU nationals overstated

Claims that foreign buyers are dominating Cyprus' property market may be overstated, with non-EU nationals accounting for just over a quarter of sales and...

Trapped buyers protection extended to end July

Trapped buyers have been given a fresh lifeline, as Cyprus' banks have agreed to extend the freeze on property sales and repossessions until the...

Limassol apartment block most expensive sale in 2024

An apartment block in Limassol's western suburb of Polemidia sold for €39.3 mln last year, making it the most expensive property deal of 2024,...

New home sales exceed €1.9 billion in 2024

The property market has witnessed a significant increase in new apartment sales during the first nine months of 2024, according to a comprehensive analysis...

Short-term rentals driving up apartment prices

Short-term rentals are driving up apartment prices and causing accommodation shortages for students, particularly in coastal cities, according to the president of the Cyprus...

Building permits on the rise in February

The number of building permits in Cyprus issued by municipal and district authorities rose to 706 in February, up from just below 600 each...

Larnaca port & marina must be concluded “at all cost”

Positive messages about the prospects of Larnaca and the certainty that the development of the Larnaca port & marina will be completed at all...

Wealthy migrants are welcome in Cyprus

Cyprus is considering easing residency permit requirements for wealthy foreign nationals under a proposed bill. The proposed legislative changes would grant residency permits to third-country...

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