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Cyprus investment programme recent amendments

The Council of Ministers have adopted the amended regulations in regards to the Cyprus Investment Programme (CIP) on the...
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Cyprus residential property prices decelerating

The Residential Property Prices Index (RPPI) for the first quarter showed signs of slowing down due to the stricter...
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Overall property sales in Cyprus improving

Property sales in Cyprus fell by 8% in July compared to July 2019 according to official figures from the...
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Real estate measures to counter the impact of Covid-19 in Cyprus

The Cyprus real estate market is held hostage by the coronavirus, and its performance is going to get worse...
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Real estate big money not reaching Cyprus

European real estate investment has become cautious, and is focusing on northern Europe, which it perceives as more stable, explains the director of a London-based private equity firm.
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Cyprus real estate sector performance insights

The Cyprus real estate sector contributed €3.24 billion to the Cypriot economy in 2019, according to the 11th edition...
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COVID-19 hits new home construction in Cyprus

In April 2020, the second month during which COVID-19 containment measures continued to apply in Cyprus, 195 building permits...
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Cyprus house price index up 2.5 per cent

The Cyprus Statistical Service (CYSTAT) has announced that house price index rose by an average by 2.5 per cent...
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Commission approves Cyprus’ airlines incentive scheme

The European Commission has approved a €6.3 million Cypriot incentive scheme towards airlines affected by the coronavirus outbreak, supporting tourism and possibly the overseas property market.
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Cyprus property sales recovering

Property sales in Cyprus showed signs of making a recovery in June following the Government's easing of the COVID-19...
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Cyprus tightens grip on ‘golden passport’ scheme

Cyprus has not processed any passport applications of a foreign investor since January, pending the approval of tougher criteria regulating the Citizenship for Investment Scheme.
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Guide to residency in Cyprus

There will be changes to the way that UK nationals can live, travel and access services in Cyprus after...
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Cyprus to revoke passports of foreign investors

Nicosia is set to revoke Cyprus passports from at least 26 suspect investors as soon as the House of Representatives passes a law on tighter controls approved by cabinet earlier this week.
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German lesson for Cyprus in real estate transactions

Cyprus is one of those countries that actively advertises its real estate market and offers additional perks that can...
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Famagusta to finally get its golf course

Famagusta could have its first golf course within three years, as the €100 mln Ayia Napa Forest Golf project is expected to get the green light from environmental authorities after being rejected four times over eco concerns.
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Cabinet extends town planning incentives

The cabinet on Wednesday decided to extend existing town planning incentives and introduce new ones in a bid to boost growth, Interior Minister Nicos Nouris announced.
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Cyprus property sales expected to stabilise

Industry experts expect property sales in Cyprus to stablise, as the country emerges from the novel coronavirus crisis. The number...
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Historic deal allows property development in British Bases

Cypriots who own land in non-military areas inside the British Bases will be able to sell or develop their properties, following a milestone agreement between Cyprus and the UK.
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Private jet demand by wealthy Russians rises

Some private jet companies have seen a rise in demand from wealthy Russians who want to spend time in the West during the coronavirus crisis.
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Developers insist on Paralimni golf course

Developers are yet again trying to go ahead with constructing a golf course in the Paralimni area, the Cyprus News Agency reported on Tuesday.
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