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Construction materials prices edged down in October

The Price Index of Construction Materials for October 2024 reached 117.18 units (base year 2021=100), recording a fall of...

Understanding costs associated with property sale transactions

Selling immovable property in Cyprus offers a unique opportunity to engage with a very active real estate market. Whether...

Affordable housing units to bring down prices and rents

Developers in Cyprus have welcomed the Cabinet's approval of a set of incentives for the construction of affordable housing...

Navigating rising costs in Cyprus

For retirees, particularly those from the UK, the Cyprus property market presents both opportunities and challenges. With interest rates...

Home repair & maintenance costs rising

Prices in home maintenance and repair are on the rise in Cyprus, in addition to the sky-rocketing cost of...

Are new homes more compelling than resales?

An analysis by the managing director of Paphos-based real estate company Property Canvas, Christos Nikolaou, suggests that investing in...

Building permits continue downward trend

The number of building permits authorised in Cyprus during October 2022 stood at 646. The total value of these...

Can’t buy, unable to rent

Increased mortgage rates have dashed dreams of owning a home, leaving many in a catch-22 situation as rents are...

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