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29th March 2024
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Yearly Archives: 2018

Cyprus property price index Q2 2018

The RICS Cyprus Property Price Index for the second quarter of 2018 reports that residential prices for houses and apartments increased by 1.3% and 2.1% respectively on a quarterly basis.

Almost 2,500 ‘golden visa’ applications

A list contained in a letter that was leaked to the media reveals that between May 2013 and August 2018 2,390 'golden visa' applications were filed on behalf of foreign nationals seeking Cypriot naturalisation.

Limassol plans low-cost housing units

Plans by the Limassol Municipality to build 500 low-cost housing units in Ayios Nicolaos and Ayios Ioannis to address the high rent problem in the city have been supported by the Interior Ministry.

September 2018 building permits

Official figures released by the Cyprus Statistical Service report that 588 building permits were authorised in September 2018 for the construction of new homes, civil engineering projects, etc.

Small rise in November property sales

There was a small rise in the number of Cyprus property sales in November 2018 compared to November last year according to figures published today by the Department of Lands and Surveys.

Property news in brief

Over the past week a number of news reports concerning property in Cyprus have appeared in the local media about non-performing loans (NPLs), recent property deals and the bank of Cyprus.

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