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Construction industry riddled with uncertainty

Despite building materials falling in price, the ongoing energy crisis has Cyprus developers unwilling to greenlight new construction projects...

Credit acquiring companies and ‘bad’ practices

The latest Financial Stability Report published by the Central Bank of Cyprus (CBC) states "Credit Acquiring Companies (CACs) must...

Cyprus real estate overcoming price shocks

Momentum in Cyprus' real estate market after two years of Covid lockdowns and restrictions is surviving the cost-of-living crisis...

Building permits fall in value and area

The number of building permits authorized in Cyprus during May 2022 stood at 761. The total value of these...

Limassol leads real estate transactions

Limassol's development as a business hub and a destination for international technology companies has kept its real estate sector...

Property sales continue to rise

For the seventh consecutive month property sales in Cyprus reached a 14 year high in July as measured by...

Four charged in golden passport expose

Four individuals have been charged with conspiracy for their role in granting golden passports to foreign investors and will...

Where is the Cyprus property market heading?

I have been asked this question countless times over the past three months, primarily from foreign investors who are...

Real estate sector more difficult in coming months

Cyprus' real estate sector is exhibiting resilience and adjustability, Council for Registration of Real Estate Agents president Marinos Kineyirou...

House price index up 1.1% year-on-year

The Cyprus House Price Index (HPI) rose by 1.1 per cent on an annual basis in the first quarter...

Pushback to VAT change on home buys

MPs are undecided on whether to pass a European Union directive reducing the size of homes entitled to lower...

Higher VAT on smaller homes ‘spells disaster’

A European Union directive to reduce the size of homes entitled to lower 5% VAT has real estate agents...

VAT rate on first homes rethink

Faced with pushback from MPs and building industry stakeholders, the government on Monday agreed to - again - rethink...

Cyprus mulls raising bar for expat retirees

UK pensioners eyeing a retirement home in Cyprus may have to rethink their plans, as changes proposed by the...

Cyprus has least crowded & costly homes

Eurostat data reveals that in 2020, 17.5% of the EU population lived in over-crowded households. I.e., they did not...

Reduction in building permits authorised in March

The number of building permits authorized in Cyprus during March 2022 stood at 642. The total value of these...

Construction hit by staff shortages & rising costs

Construction companies and other industry stakeholders continue to be faced with the persisting challenges posed by rising domestic inflation,...

Property market not going through a bubble

Council for Registration of Real Estate Agents president Marinos Kineyirou on Wednesday said that the Cypriot property market is...

Restrictions on development in SBAs lifted

The UK Government and the Government of the Republic of Cyprus, in an event held at the Presidential Palace...

Golden passport cases passed to Attorney-General

The police have handed over to the Attorney-General two cases involving the now-defunct 'golden passport' scheme - one of...

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