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Construction material costs continue to rise in Cyprus

The cost of construction materials in Cyprus continued to move higher in May 2026, according to the latest figures...

Cyprus to plug loopholes in property law for non-EU citizens

The Cypriot government has pledged to repeal and replace a loophole-ridden law that currently governs property purchases by non-EU...

Police investigating paramilitary group linked to property fraud

Police are investigating a case involving 80 individuals suspected of running a military-style organisation engaged in property fraud. The Criminal...

Man found guilty of property fraud jailed for seven years

A 62-year-old man has been jailed for seven years after being found guilty of fraud after promising individuals to...

Understanding costs associated with property sale transactions

Selling immovable property in Cyprus offers a unique opportunity to engage with a very active real estate market. Whether...

Cyprus image tarnished by short-term rentals

President of the Cyprus Real Estate Agents Registration Council Marinos Kineyirou on Monday called for stricter regulation of short-term...

April’s most expensive real estate sales

Cypriot fintech Ask Wire has compiled and published data on the 10 most expensive real estate transactions completed in April...

Property sales fall in Paphos, Limassol, and Famagusta

In March 2024, the total number of property sales contract deposited at Land Registry offices across Cyprus reached 1,257,...

Paphos and Limassol dominate top 10 property sales in February

Cypriot real estate market analytics firm Ask Wire on Tuesday released a report outlining the ten most expensive property...

Faster Title Deeds issuance announced

Interior Minister Constantinos Ioannou on Thursday highlighted "significant improvements" in the examination and issuance of property Title Deeds, which,...

Son sells mother’s property by forging her signature

A legal case involving a 67-year-old mother and her 31-year-old son is currently pending before the Limassol District Court....

Reduced VAT on new homes gets thumbs up from Europe

The European Commission has given the nod to the levying of the reduced 5 per cent VAT on first...

Why Cyprus Must Change its VAT policy on homes

Inspired by Greece's success, there's a proposal to fully suspend VAT on houses in Cyprus, mirroring Greece's 0% VAT...

Our top 10 news stories and articles of 2023

Cyprus Property News welcomed just under 900,000 visitors over the past year and, as we approach Christmas and the...

Is AI in real estate a disruptive or transformational force?

The integration of Artificial Intelligence (AI) in real estate and more specifically in property valuations marks a transformative era...

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 sales reach €0.5bn in Limassol in Q2 2023

A total of 1,383 properties worth a total of €437.9 million were sold in Limassol in the second quarter...

Sales to non-EU citizens reach one third of total sales

During August, one third of all property sales in Cyprus (as assessed by the number of contracts deposited at...

Property sales rose 19 per cent in June

Property sales in June rose 19 per cent compared to the same month last year according to official figures...

Property sales up 34 per cent (Update)

Property sales in May rose 34 percent compared to the same month last year according to official statistics from...

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