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Nicosia property sales hit €164.9 million in third quarter

The Nicosia district saw residential sales totalling €118.8 million during the third quarter of 2023, according to a report...

Cyprus property values rising, but outlook mixed

Ask Wire, the tech-informed real estate company, has published its Q2 2023 edition of the Ask Wire Index for...

Property sales continue to grow

The number of property sales in September rose compared to September 2022 and despite the marginal slowdown in the...

Paphos property sales exceed €190 million

The Paphos property market has seen a surge in real estate sales, with major deals pushing the total value...

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...

The real estate market: supply and trends

Buyers are more cautious, taking more time to decide In response to the increase in interest rates, we've observed several...

More people, smaller families, more homes, less holiday homes

The Cyprus Statistical Service (Cystat) has released a snapshot of the 2021 census which includes the numbers of people...

Rental values rising across all property types

Ask Wire, the tech-informed real estate company, has published its Q2 2023 edition of the Ask Wire Index for...

Real estate sales slow due to rates, inflation

The value of transactions in the real estate sector reached €1.52 billion in the second quarter of 2023, with...

Empty housing could help supply shortage

While property prices and rents rise due to a shortage in supply, some 33,000 homes across the island are...

House prices rose 6.6% in Q4 2022

Increased construction costs and demand led house prices to continue their upward trend during the fourth quarter of 2022,...

Limassol suburbs flourish as the city ages

Out of the total of 52,259 buildings in the city and suburbs of Limassol, approximately 806 are new properties...

Property price & rental index Q1 2023

The 54th quarterly publication of the RICS Cyprus Property Index with KPMG in Cyprus records the property price and...

Real estate sales up 26% in first quarter

Annual real estate transactions in Cyprus continued to rise in the first quarter of the year, as sales documents...

Inexorable rise in property sales continues

The relentless demand for Cyprus real estate continued in April, with the number of  property sales rising by 27...

Highly paid Ukrainians upset property market

Almost 10,000 highly skilled and highly paid Ukrainian refugees have joined the island's work force, paving the way for...

EU regs could make or break real estate sector

The European Parliament has recently passed a new bill that aims to tackle climate change by reducing carbon emissions. This...

Conflicting market forces affect sales

As we reported last week, March saw the second highest number of property sales in the month since records...

Numerous foreclosure sales expected

Approximately 6,000 foreclosure sales per year are anticipated to take place in 2023 and 2024 due to the large...

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