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Property Prices

EU house prices & rents rise in early 2025

The housing market in the European Union continues to see upward pressure in early 2025, with both house prices...
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Cyprus property market experiences varied trends

The latest Ask Wire Index for Q4 2024 highlights a mixed performance in the Cyprus property market as apartment...
Property Prices

House prices and rents rose in Q3 2024

In the third quarter of 2024, both house prices and rents in the EU showed increases compared to the...
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Renovate – rent scheme aims to increase affordable rentals

With the price of rentals surging across Cyprus, affecting both high-end and budget-friendly areas, the Interior Ministry has announced...
Property Prices

Significant rise in apartment prices & rents

Ask Wire has published the Q2 2024 edition of the its Wire Index for property sale prices and rental...
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Limassolians to protest against high rents

A protest against high rents in Limassol will be held on Saturday, April 27 starting at 17:00 at the...
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Cypriots squeezed out of the property market

Cypriots are being squeezed out of the property market as they can't afford climbing rents. Hiking construction costs and...
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Apartments expected to boost housing supply

Several thousand apartments are anticipated to significantly boost the supply of housing as the construction of 541 apartment buildings...
Articles

Rent or buy? Tough choices as prices surge

Amid record-high property prices, a pressing question looms over thousands of citizens, particularly young couples: to rent or buy...
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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Affordable housing units to bring down prices and rents

Developers in Cyprus have welcomed the Cabinet's approval of a set of incentives for the construction of affordable housing...
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Renting in Limassol – forget it

Renting in Limassol has become a mission impossible, as real estate agents now report that long waiting lists are...
Property Prices

House prices in Cyprus have fallen 2 per cent since 2010

Cyprus is one of only three EU members states where house prices have fallen since 2010 according to Eurostat,...
Articles

Cost of living in Cyprus

The estimated cost for a family of four living in Cyprus is €3,861/month, while the estimated cost for a...
Property Prices

Price and rental increases tapering off

Ask Wire, combining real estate know-how with technology, has published its Q1 2023 edition of the Ask Wire Index...
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Apartments are an endangered species

Apartments in the Cyprus coastal town of Limassol are now an endangered species as demand has outstripped supply with...
Articles

Tax unused land to tackle supply shortage

House prices and rents are pushed up by a lack of supply, with real estate analysts proposing that authorities...
Property Prices

EU house prices up 48% since 2010

The EU's statistical service (Eurostat) reports that house prices and rents in the EU followed a similar path between...
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No quick remedy to spiralling rents

Rents in Cyprus are up by 50 per cent in some areas - and not just in Limassol -...
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Soaring rents harm job market

There is a Catch-22 when seeking a high-paid job, especially in Limassol, where exorbitant rents are a turn-off. This results...
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