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Property Sales

Nicosia property sales hit €164.9 million in third quarter

The Nicosia district saw residential sales totalling €118.8 million during the third quarter of 2023, according to a report...
Property Prices

Cyprus property values rising, but outlook mixed

Ask Wire, the tech-informed real estate company, has published its Q2 2023 edition of the Ask Wire Index for...
Latest News & Updates

Property market boosted by foreign investors

Despite numerous challenges stemming primarily from rising loan interest rates, persistent inflation, the repercussions of the war in Ukraine,...
Property Sales

Non-EU nationals driving property market

The latest sales figures from the Department of Lands and Surveys shows that non-EU nationals are driving the property...
Property Prices

Rental values rising across all property types

Ask Wire, the tech-informed real estate company, has published its Q2 2023 edition of the Ask Wire Index for...
Property Prices

House prices in Cyprus have fallen 2 per cent since 2010

Cyprus is one of only three EU members states where house prices have fallen since 2010 according to Eurostat,...
Articles

New Homes: Best investment in the property market today?!

It may be more advantageous to invest in new homes than in resale homes in the current market in...
Title Deeds

100,000 still waiting for Title Deeds

It is high time a comprehensive solution to the issue of 'trapped buyers' is found, the House labour committee...
Legal Matters

Brexit shatters retirement dreams

Cyprus, along with other European Union member states, has tightened the criteria for non-EU citizens wishing to retire to...
Legal Matters

Cyprus permanent residency rules revised

The Cypriot Government, in an attempt to attract foreign investment to the island and to help economic recovery and...
Property Prices

Price and rental increases tapering off

Ask Wire, combining real estate know-how with technology, has published its Q1 2023 edition of the Ask Wire Index...
Articles

Why prices are not coming down anytime soon

Cyprus has been attracting foreigners for tourism, real estate, and business purposes for the past 30 years. This has...
Property Prices

House prices rose 4.4 per cent in 2022

In the fourth quarter of 2022, house prices in Cyprus rose 4.4% compared with the same quarter of 2021,...
Legal Matters

Mortgage-to-rent scheme launched

The Mortgage-to-Rent scheme, the latest lifeline thrown to defaulted borrowers, is going ahead, as KEDIPES, the state-owned Asset Management...
Legal Matters

Law firms fined in passport probe

A total of 26 Cypriot law firms have been audited by the Cyprus Bar Association in connection with the...
Statistics

Building permits August 2022

The number of building permits authorized in Cyprus during August 2022 stood at 510. The total value of these...
Legal Matters

Property tax law to help refugees corrected

In February 2021 the House of Representatives passed an unenforceable law levying a 0.4 per cent tax on all...
Articles

Kitchener’s survey of Cyprus

British Field Marshal Horatio Herbert Kitchener (1850-1916), later 1st Earl Kitchener, is probably best known for his WWI recruitment...
Swiss Franc Loans

Homeowners win Swiss franc loan fight

A number of home buyers in Cyprus have won their legal battle to be released from their crippling Swiss...
Statistics

Construction material prices up 16.69 per cent

The price index of construction materials rose 16.69 per cent in August on an annual basis compared with July...
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