Nigel Howarth

Ayia Napa resort plan unveiled for the Limnara area

A major tourism development costing €50 million is being proposed along the coast of Ayia Napa by Aesara Investments Ltd. The project is planned for...

Construction law proposal seeks faster dispute resolution

Two MPs, Michalis Paraskeva and Odysseas Michaelides, have tabled a bill to speed up the resolution of disputes in construction contracts. It would allow...

Off-plan sales surge 49% as Limassol leads

Cyprus recorded 1,956 off-plan sales of apartments and houses (i.e. under construction or at the planning stage) in the third quarter of 2026. Their...

Construction material prices jump 3.74%

Construction material prices in Cyprus continued to rise in September, with the annual increase led by metals, wood-related products and plastics. The latest figures...

The roller-coaster ride of Cyprus property prices over the years

Cyprus property prices have followed an uneven path since 2006. The national index shows apartments rising strongly in recent years, while house prices have...

Bill on jointly owned buildings moves closer to final stage

Cyprus' proposed rules for managing jointly owned buildings are moving closer to detailed parliamentary scrutiny, after the Ministry of the Interior and District Local...

Jointly owned buildings face major management shake-up by 2029

Cyprus is preparing to hand responsibility for managing jointly owned buildings to district organisations in 2029. The plan promises clearer accountability - but owners...

Cyprus property demand surges as Russian buyers rethink overseas markets

Cyprus and Greece climbed the rankings of the most popular destinations for Russian overseas property buyers in the first nine months of 2026, according...

Property market faces a supply warning as permits surge

Cyprus is building more homes, but many local households are finding it harder to afford them. Ask Wire founder and chief executive Pavlos Loizou...

September property sales hit a new record high

Cyprus property sales continued to rise in September, with 1,681 contracts recorded across the island. That was the highest September total since records began...

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