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Latest News & Updates

Cyprus construction sector: strong momentum amid rising uncertainty

Cyprus' construction sector continued to perform strongly during the first half of 2026, with new research from Eurobank confirming...
Latest News & Updates

Limassol waterfront regeneration planned for Aktaia road

For decades, Aktaia Road was one of the least visited parts of Limassol. Hidden behind the port, the area...
Latest News & Updates

Dangerous buildings in Larnaca reach 1,084 across the district

The number of dangerous buildings in Larnaca has climbed to 1,084, prompting the Larnaca District Local Government Organisation (DLGO)...
Statistics

Construction material costs continue to rise in Cyprus

The cost of construction materials in Cyprus continued to move higher in May 2026, according to the latest figures...
Property Prices

Rents in Cyprus soar beyond young couples’ salaries

The cost of renting in Cyprus continues to place intense pressure on households, with official figures showing that in...
Statistics

Cyprus construction sector: Strong growth in 2025

Cyprus' construction sector recorded a robust performance in 2025, underpinned by strong demand for residential development and significant growth...
Latest News & Updates

Cyprus moves to legalise illegal buildings

I came across the following article in philenews. Initially I thought it was an April fools, but as it...
Latest News & Updates

Property restrictions on non-EU nationals could hit foreign investment

Proposed legislation in Cyprus aimed at tightening rules on real estate purchases by non-EU nationals is raising significant concern...
Latest News & Updates

Germasogeia apartment block still “hanging in the air”

An anonymous complaint recently submitted to the Independent Authority Against Corruption has once again brought to light a serious...
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...
Property Sales

Limassol offsets fall in Cyprus property sales elsewhere

Following yesterday's report that property sales in Cyprus declined by 1% in August, the Department of Lands and Surveys...

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