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Latest News & Updates

Developers crushed under soaring costs

The construction industry is suffering as the price hike of raw materials continues, with developers crushed under higher costs...
Legal Matters

Passports revoked and law firms fined

The Council of Ministers has decided to revoke the passports of four Russians and their families who were granted...
Statistics

Building permits rise in number, value and area

The number of building permits authorized during January 2022 stood at 535. The total value of these permits reached...
Property Prices

House price index fell 5.3% in 2021

The Cyprus House Price Index (HPI) fell by 5.3 per cent on an annual basis at the end of...
Property Sales

Property sales hit 14-year high

Property sales in March, as measured by the number of sale contracts deposited at Land Registry offices, hit a...
Statistics

Building permits increase in number, value & area

December 2021 figures from the Cyprus Statistical Service show that a total of 778 building permits were authorised during...
Property Sales

Record property sales for a second month

February saw Cyprus achieving a record number of property sales since 2008 for a second consecutive month according to...
Property Sales

Foreign buyers returning in droves

Foreign buyers deposited the highest number of property sale contracts for the last fourteen years according to official statistics...
Property Prices

Residential market powers ahead, commercial wobbles

WiRE FS, combining real estate know-how with technology, has published its Q4 2021 edition of the WiRE Index for...
Legal Matters

MPs work on making VAT on houses EU compatible

Lawmakers on Monday discussed how to tweak a government bill on VAT on houses so as to make it...
Statistics

Building permits fall in value and area

The October 2021 figures show that a total of 663 building permits were authorised during the month; an increase...
Investment

Rising costs could derail house prices

The Central Bank of Cyprus has expressed its concern over the soaring price of building materials, sending the cost...
Statistics

Building permits increase in area but fall in value

The September 2021 figures show that a total of 768 permits were authorised during the month; an increase of...
Legal Matters

License to rent your property Q & A

The article I published on 24 November 'How to get a license to rent your property' raised a number...
Legal Matters

How to get a license to rent your property

Renting your property in Cyprus is a good way to earn money while you’re not using it, but a...
Statistics

Construction material price hikes continues

The price of construction materials continued to surge in September as the global economy picks up in the wake...
Latest News & Updates

People suffering at the hands of the Land Registry

The state of affairs at the Cyprus Land Registry is appalling, with people waiting many years to have their...
Legal Matters

Cyprus to revoke 45 golden passports

The government has decided to revoke the citizenship of 45 dubious investors who obtained a Cyprus passport through the...
Latest News & Updates

Al Jazeera Cyprus Papers awarded bronze

The investigative report 'The Cyprus Papers' earnt Al Jazerra a bronze at the New York TV & Film Awards,...
Property Prices

Cyprus bucks EU trend for rising rents

Cyprus and Greece are the only two EU countries where the cost of renting a flat or a house...
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