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Latest News & Updates

Cyprus moving to restrict non-EU property purchases

A single bill that would limit property purchases by non-EU nationals is expected to be brought to the full...
Legal Matters

Bill seeks to protect guarantors of property loans

A draft bill aimed at giving stronger protection to guarantors of property loans has been put before the Plenary...
Latest News & Updates

Non-performing loans now worse than 2013 crisis

Cyprus' non-performing loans have climbed beyond levels seen at the height of the 2013 financial crisis, intensifying political pressure...
Legal Matters

Sharp rise in sub-€350k primary homes sold at auction

Recent figures from the Central Bank of Cyprus point to a sharp rise in the number of primary residences...
Latest News & Updates

Horizon towers planned to transform Larnaca skyline

A landmark mixed-use development is moving forward in Larnaca, as Shajwawi Lebovich Karekla Developments Ltd unveils plans for six...
Legal Matters

Legal service appeals acquittals in ‘Golden Passport’ case

The Legal Service has filed an appeal against the acquittal of former House President Dimitris Syllouris and ex-MP Christakis...
Legal Matters

Syllouris & Giovani acquitted in ‘Golden Passports’ Case

The acquittal of Demetris Syllouris and Christakis Giovani marks the conclusion of one of the most high-profile criminal cases...
Marinas

Larnaca port and marina: the next steps

The future of the port and marina in Larnaca is moving into a new phase, as government officials review...
Latest News & Updates

Cyprus building permits rise in number, size and value

Building activity in Cyprus surged during the first ten months of 2025, with more building permits authorised and larger,...
Property Sales

Non-EU buyers accounted for 30% of January’s property sales

Based on the number of property sale contracts deposited at Land Registry offices across Cyprus, non-EU buyers made up...
Latest News & Updates

Paphos overtakes Limassol in luxury property prices

Cyprus' property market has started to show a shift in power, with Paphos now recording higher average prices than...
Marinas

Larnaca port & marina set for separate development

The development of Larnaca's port and marina should proceed as two distinct but parallel projects, according to advisers to...
Marinas

Paralimni marina enters final development phase

Paralimni Marina, described as the largest and most emblematic infrastructure project undertaken by the Municipality of Paralimni-Deryneia, has entered...
Legal Matters

Property sale probe: €8.5m price drop under fire

The Auditor General, Andreas Papaconstantinou, has raised serious concerns about how a property sale between 2015 and 2017 was...
Latest News & Updates

Water crisis raises stakes for property market

Cyprus is facing its most severe water shortage in decades, a development with growing implications for the island's real...
Legal Matters

Property rules set to be tightened for third-country nationals

Cyprus is moving towards a unified legislative framework to regulate the acquisition of immovable property by third-country nationals, following...
Articles

Development rights in Cyprus explained

I expect many readers will be aware of the concept of development rights that I wrote about in my...
Property Sales

Strong start for Cyprus property sales in 2026

Property sales in Cyprus made a solid start to 2026, with the number of sales contracts deposited at Land...
Latest News & Updates

Soaring housing costs help make Limassol Cyprus’ priciest city

Limassol continues to dominate Cyprus' cost-of-living and property rankings, underpinned by sustained pressure on residential supply and persistently higher...
Articles

Cyprus 2026 property tax reforms: what buyers and sellers need to know

From 1 January 2026, Cyprus introduced a series of tax reforms that directly affect sale and purchase transactions of...
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