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Soaring housing costs help make Limassol Cyprus’ priciest city

Limassol continues to dominate Cyprus' cost-of-living and property rankings, underpinned by sustained pressure on residential supply and persistently higher...
Articles

Is build to rent a solution for Cyprus’ housing shortage?

Cyprus is approaching a decisive moment for its housing market. Rapid population growth, a widening gap between supply and...
Latest News & Updates

Cyprus reviews rural planning zones to tackle housing crisis

Cyprus' Ministry of the Interior is weighing a series of changes to rural planning zones as part of wider...
Latest News & Updates

Housing demand grows as young couples dominate applications for state aid

Cyprus has received more than 560 applications under its new affordable housing schemes since their launch last year, with...
Latest News & Updates

Can the EU find solutions to Cyprus’ housing crisis?

Housing has always been a topic of public concern in Cyprus. Today, however, it has transformed from a general...
Articles

Airbnb & foreign buyers driving Cyprus housing crisis

Young people face a housing dream out of reach – Calls for decisive state action from Petrou and Fakontis...
Articles

Young Cypriots and EU nationals face soaring housing costs

In recent times much has been written about the housing crisis in Cyprus and how it affects young people...
Latest News & Updates

Cyprus property prices set to fall as housing supply grows

Cyprus is poised for a decline in both rental and property purchase prices over the coming years, President Nikos...
Property Prices

Housing market slows with lowest price growth since 2022

Residential property prices in Cyprus rose at their slowest pace in the last ten quarters during the final quarter...
Articles

Incentives every now and then, but still no housing

In Cyprus, housing remains a pressing issue. While the government continues to roll out new incentive schemes and planning...
Legal Matters

Housing incentives for the construction sector

In a significant move to tackle the ongoing housing shortage, the Cabinet on Wednesday approved key amendments to a...
Latest News & Updates

Grants up to €35,000 for renovating empty homes – with a catch

The Ministry of Interior has officially launched the "Renovate-Rent" Scheme, opening the door for property owners to receive grants...
Latest News & Updates

Cyprus dealing with the housing crisis and affordability

The Cyprus government is taking action to ease the housing crisis, according to Interior Minister Konstantinos Ioannou. He highlighted a...
Articles

Cyprus’ housing shortage crisis: causes & possible solutions

There has been much in the news recently about the housing shortage, caused by a combination of factors that...
Latest News & Updates

Housing shortage could deter foreign investment in Cyprus

The Association of Large Investment Projects has issued a statement highlighting the shortage of affordable housing and its potential...
Latest News & Updates

EIB commits €10 billion to tackle Europe’s housing crisis

The European Investment Bank (EIB) is taking steps to address Europe's housing crisis, which affects millions across the continent. The...
Latest News & Updates

Incentives for the “Renovate and Rent” scheme strengthened

The revised texts of two bills aimed at increasing the supply of affordable housing through incentives for property owners...
Articles

Housing crisis in Cyprus & EU affordability concerns

The cost of housing in Cyprus has become a major financial burden, with rent or mortgage payments often exceeding...
Latest News & Updates

Housing schemes revised ahead of Friday’s launch

The Ministry of Interior has announced substantial updates to two housing schemes, set to open for applications on November...
Property Prices

House prices and rents increased between Q2 and Q3 2023

Eurostat reports that in the third quarter of 2023, both house prices and rents in the EU increased by...
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