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Permits taking longer than construction, Cyprus developers warn

Development licensing delays remain a major obstacle to tackling Cyprus’ housing problem, the Property Developers Association said after a meeting with Limassol district governor...

June 2026 deadline set for old 5 per cent VAT housing scheme

Anyone who benefited from the previous 5 per cent VAT scheme for the purchase or construction of a main residence in Cyprus will remain...

Housing demand grows as young couples dominate applications for state aid

Cyprus has received more than 560 applications under its new affordable housing schemes since their launch last year, with officials saying the early response...

BoC Real Estate Management Unit hits sales target early

The Bank of Cyprus has achieved its 2025 real estate target months ahead of schedule, completing over €200 million in property sales within just...

Government cracks down on unlicensed short-term rentals

The Deputy Ministry of Tourism reminded property owners that anyone operating short-term rentals without a registration permit is committing an offence and, if convicted,...

Cyprus property market continues to be sustained by foreign buyers

External reasons, combined with Cyprus' economic conditions, are affecting both local and international demand in the local property sector, according to Michalis Tsangarides, director...

Real estate sector depends on external factors

The Cyprus economy has showcased its strong resilience, in a particularly difficult period recording, "comparatively one of the highest growth rates in the European...

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