HomeTagsProperty

Tag: property

Latest News & Updates

High rents and homelessness

A rise in already high rents and an increase in the number of homeless people has led parliament to urgently call on the government to intervene and provide solutions to problems caused by high rents, especially in Limassol.
Latest News & Updates

Is it safe to buy property in Cyprus?

"Is it safe to buy property in Cyprus?" is a question I'm constantly being asked and although changes to the law in recent years have improved the situation, some buyers are still at risk.
Latest News & Updates

Cyprus real estate sector looking up

Cyprus' real estate sector is continuing to thrive, building on the upward trend of previous years, with experts confident that sales transactions for 2018 will peak at an eight-year high.
Latest News & Updates

453 new homes in August

The number of building permits for the construction of new homes in Cyprus rose 85.7 per cent in August 2018 compared to the corresponding month last year providing for the construction of 453 new homes.
Latest News & Updates

Cyprus let off the hook

Following Cyprus' action to abrogate the law requiring lawyers to charge a minimum fee for out-of-court work, the EC has closed infringement proceedings against Cyprus and an antitrust investigation.
Latest News & Updates

Property sales up 6% in October

The number of property sales in Cyprus continued to rise in October with the number of sales contracts deposited at Land Registry Offices across the Republic up 6 per cent compared with October 2017.
Latest News & Updates

Larnaca marina investors given more time

Larnaca marina and port development plans have been put on hold for another three weeks as the strategic investor has asked for an extension to submit their final financial offer for the €400 million project.
Latest News & Updates

Cities vie for real estate investments

Limassol and Paphos account for the majority of foreign real estate investors, but Nicosia is catching up with a 34 per cent increase in contracts of sale deposited compared to last year.
Latest News & Updates

Paphos marina delayed as Pafilia withdraws interest

It seems that the construction of the long-anticipated Paphos marina will be delayed following Pafilia's decision to withdraw its interest in a tender to design, build and operate the marina.
Latest News & Updates

Complex management seminar

The Almyra hotel in Paphos is the venue for a free seminar to be held in November covering communal ownership, management committees and general management of communal areas.
Latest News & Updates

Paralimni marina construction underway

Construction work has begun on the Paralimni marina, which is expected to be fully operational by mid-2021 and which will and will have a capacity of approximately 300 vessels.
Latest News & Updates

Moderate property price rises continue

The increases in residential property prices remain moderate reports the Cyprus Central Bank in its Property Price Index for the second quarter of 2018, which was published yesterday.
Latest News & Updates

Cyprus property prices rising

The RICS Cyprus Property Price Index for first quarter of 2018 reports that residential prices for houses and apartments increased by 1.3% and 2.9% respectively on a quarterly basis.
Latest News & Updates

632 new homes in July

The number of building permits for the construction of new homes in Cyprus rose 32.8 per cent in July 2018 compared to the corresponding month last year providing for the construction of 632 new homes.
Latest News & Updates

Cyprus property market on the up

Specialists are confident over the future of the Cyprus property market, saying that the upward trend in house prices is combined with an ongoing increase in demand for real estate.
Latest News & Updates

Continuing rise in property sales (Update)

The number of property sales in Cyprus continued to rise in September with the number of sales contracts deposited at Land Registry Offices across the Republic up 14 per cent compared with September 2017.
Latest News & Updates

Limited progress on resolving NPLs

The International Monetary Fund (IMF) noted that Cyprus had made little progress on resolving non-performing loans in its mission's concluding statement following its recent official visit.
Latest News & Updates

Cyprus house prices rise 0.6 per cent

The Cyprus house price index (HPI) rose by 0.6 per cent in the second quarter of 2018 and by 1.2 per cent on an annual basis according to a preliminary estimate by the Cyprus Statistical Service (CYSTAT).
Latest News & Updates

More time needed on Airbnb bill

The approval of a proposed bill designed to regulate and tax rental income on an estimated 40,000 Airbnb type rentals has been delayed as MPs said they needed more time iron out some issues.
Latest News & Updates

NPLs pushing down Cyprus property prices

Higher NPLs in particular appear to drag Cyprus property prices down indicating pressure to dispose of immovable property assets increasing their supply according to European Commission report..
Load more

Top Stories

Elsewhere in Cyprus Property News