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Larnaca apartment owners allege illegal utility connections and unauthorised lettings

The Management Committee of a Larnaca apartment complex has raised a series of complaints, alleging illegal electricity and water connections, apartments being used without owners' consent, overcrowded and unauthorised occupation, and threats against committee members. In a statement dated 2...

Limassol property developments: what’s in the pipeline?

Limassol is changing fast. New homes, offices, resorts and schools are reshaping the city and its surroundings as the area attracts businesses, investors and international residents. The latest projects point to a broader shift in how Limassol is developing. Alongside...

Cyprus house prices rose 5.46% and rents 4.05% in the second quarter of 2026

Cyprus house prices rose more sharply than rents in the second quarter of 2026, according to Eurostat's latest housing statistics. The country's house-price index stood 5.46% higher, while the rent index was up 4.05%. The figures place Cyprus among...

Cyprus house prices rose 7.9% year-on-year

Cyprus house prices rose by 7.9% in the second quarter of 2026 compared with a year earlier, according to a preliminary estimate from the Cyprus Statistical Service (CYStat). The index reached 105.46 points, based on a 2025 benchmark of 100....

Cyprus lawyer faces 14 charges over €185,000 estate funds

A 47-year-old lawyer in Cyprus, who has not been named, has been referred to the Limassol Criminal Court to face 14 charges linked to the alleged theft and laundering of €185,000 from an estate she was appointed to help...

DLGO steps up action on dangerous buildings in Larnaca

The Larnaca District Local Government Organisation (DGLO) is stepping up its efforts to make dangerous buildings safe, with hundreds of properties across the district now assessed. So far, 335 buildings have been classed as dangerous. Of these, 189 are considered...

Housing crisis debate: Should foreign buyers face limits?

Following yesterday's report, "Cyprus housing shortage reaches 39,000 homes as prices rise", economist Dr Stelios Platis and Polys Kourousides, president of the Cyprus Property Valuers Association, have set out different approaches to the housing crisis and rising property prices. Both...

Cyprus housing shortage reaches 39,000 homes as prices rise

Cyprus' housing shortage stands at an estimated 39,000 homes, with rising prices and rents adding pressure for residents. New construction and government-backed affordable housing schemes could increase supply, but labour shortages and strong demand remain challenges according to the...

€11m Coral Valley scheme wins fresh environmental approval

A €11 million residential development in Pegeia has received environmental approval for a second time, clearing a further hurdle for Harbourshore Estates Ltd Coral Valley scheme. The development is planned in Pegeia, in the Akamas municipality. It will include 68...

Israeli buyers flock to Cyprus as property debate grows

More Israelis have been buying property, investing in businesses and moving to Cyprus in recent years. The trend is bringing new capital to the island, while raising questions about housing affordability, land ownership and the scale of foreign influence. The...

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