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Tender awarded for Larnaca port and marina

The long-awaited €1.2 billion redevelopment of Larnaca port and its marina got the final green light Monday after the...

House passes bills to tighten citizenship scheme

Parliament on Friday voted into law two bills and approved regulations aimed at tightening Cyprus' citizenship by investment programme. One...

Parliament to vote on tougher citizenship rules

The House interior affairs committee on Monday wrapped up discussion of new regulations aimed at tightening up the citizenship-by-investment...

Real estate measures to counter the impact of Covid-19 in Cyprus

The Cyprus real estate market is held hostage by the coronavirus, and its performance is going to get worse...

Real estate big money not reaching Cyprus

European real estate investment has become cautious, and is focusing on northern Europe, which it perceives as more stable, explains the director of a London-based private equity firm.

Cyprus real estate sector performance insights

The Cyprus real estate sector contributed €3.24 billion to the Cypriot economy in 2019, according to the 11th edition...

COVID-19 hits new home construction in Cyprus

In April 2020, the second month during which COVID-19 containment measures continued to apply in Cyprus, 195 building permits...

Corrupt lawyers continue to plunder estates

Corrupt lawyersin Cyprus continue to plunder the estates of their deceased clients by calculating their fees for administering estates on the Cyprus Bar Association's 'Minimum Fee Regulations', which were abolished in 2018

Cyprus house price index up 2.5 per cent

The Cyprus Statistical Service (CYSTAT) has announced that house price index rose by an average by 2.5 per cent...

MPs commit to expedite citizenship bills

MPs have committed to expediting the bills and regulations aimed at improving the transparency of the citizenship-by-investment programme, so that the items can be voted on before the House breaks for the summer recess.

Frustration at latest Kissonerga marina delay

Delays in finding a consultant to carry out a study into the Kissonerga marina and cruise ship docking facility construction is scuppering plans to develop the wider area according to community leader.

Domestic property sales on the up

Property sales to the domestic market in Cyprus showed a marked improvement in June, although sales to the overseas...

Cyprus property sales recovering

Property sales in Cyprus showed signs of making a recovery in June following the Government's easing of the COVID-19...

Guide to residency in Cyprus

There will be changes to the way that UK nationals can live, travel and access services in Cyprus after...

German lesson for Cyprus in real estate transactions

Cyprus is one of those countries that actively advertises its real estate market and offers additional perks that can...

Cabinet extends town planning incentives

The cabinet on Wednesday decided to extend existing town planning incentives and introduce new ones in a bid to boost growth, Interior Minister Nicos Nouris announced.

Larnaca port and marina project delay to end soon

Larnaca port and marina redevelopment project has hit a four-month delay in signing contracts with MPs demanding an update from the government but officials said the wait will soon be over.

Cyprus property sales expected to stabilise

Industry experts expect property sales in Cyprus to stablise, as the country emerges from the novel coronavirus crisis. The number...

Upward trend in property price index slows

The Cyprus Residential Property Price Index (RPPI) continued its upward trend albeit with a declining pace, affected by the...

Building permits falter in March

In March 2020, the month during which Cyprus introduced COVID-19 containment measures, 397 building permits were issued; a fall...

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