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Construction costs for houses, apartments, hotels, etc.

When it comes to construction costs, the focus often falls on the price per square metre for building a...
Statistics

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...
Articles

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...
Latest News & Updates

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...
Articles

Navigating rising costs in Cyprus

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

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...
Articles

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...
Statistics

Building permits continue downward trend

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

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...
Property Prices

Limassol most expensive city, Larnaca next

Limassol is the island's most expensive city, as Limassolians need to spend hundreds more euros monthly than residents in...
Property Prices

House prices up 4.7% year-on-year

The increase in house prices accelerated in the second quarter of 2022, mainly due to the increased construction costs,...
Statistics

Building permits faltering

The number of building permits authorized in Cyprus during June 2022 stood at 626. The total value of these...
Statistics

Average cost of building a house up 20%

People wanting to buy a house in Cyprus are constricted by an upward trend in construction costs and materials,...
Statistics

Small annual fall in construction material prices

The year-on-year prices for all construction materials rose by 21.81 per cent from May 2021 to May 2022, according...
Latest News & Updates

Developers crushed under soaring costs

The construction industry is suffering as the price hike of raw materials continues, with developers crushed under higher costs...
Statistics

Construction materials costs up 19%

The cost of construction materials in Cyprus continues to rise at an alarming rate, with the annual change in...
Statistics

Spiralling building materials costs set to continue

According to the Cyprus Statistical Services, the price of building materials rose by 17.1% in December 2021 compared to...
Statistics

Construction material prices onwards and upwards

Construction material prices continued onwards and upwards in November as the global economy continues to pick up in the...
Statistics

Construction material prices continue to skyrocket

Construction material prices continued to skyrocket in October as the global economy continues to pick up in the wake...
Statistics

Construction costs hike threaten recovery

Real estate and construction stakeholders want the government to soften the blow delivered by an "abnormal" increase in construction...
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