Cyprus Property News for home buyers & real estate investors in Cyprus

16th January 2022
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House prices up by 9.2% in EU member states

House prices in the euro area rose at the highest annual rate since they were first collected in 2005 with more than half of the member states experiencing double-digit...

Cyprus tops housing for investment but…

Cyprus has the highest percentage of its GDP invested in the housing sector compared with other EU Member States, according to the Housing in...

Our top 10 stories in 2021

Our top 10 stories for 2021 are set against a background of BREXIT and the on-going COVID-19 pandemic, which continues to disrupt the lives...

Two Limassol towers post-golden passports

Limassol is still seeing high-rise projects preparing to take off the ground, despite Cyprus' golden passport scheme's demise that put some luxury towers on...

Golden passports demise ‘shortens’ Limassol towers

Cyprus' golden passport scheme's demise has put some high-rise projects on ice, while other towers have been shortened, delivering a body blow to the...

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Cyprus Coronavirus News

Larnaca property sales hit €3 billion in last 5 years

Property sales in the Larnaca district nearly reached €3 billion in value over the past five years, a report from independent real estate asset...

Property prices still at pre-2008 levels

Property prices in Cyprus have bounced back by 87% compared to the first quarter of 2008, according to a recent report by the rating...

Building permits increase in area but fall in value

The September 2021 figures show that a total of 768 permits were authorised during the month; an increase of 11.3% compared to the number...

Paphos property sales exceed €2.5 billion

Property sales in Paphos district exceeded €2.5 billion in value over the past five years, a report from independent real estate asset management and...

Construction material prices continue to skyrocket

Construction material prices continued to skyrocket in October as the global economy continues to pick up in the wake of the COVID-19 pandemic causing...

Real estate in pandemic recovery mode

Cyprus' real estate market continued its recovery this year, with some indicators exceeding pre-pandemic levels, according to a survey carried out by property analysts...

Inspecting resale properties – part 5

In the previous article I gave some advice on how to carry out an internal inspection of resale properties. In this article you’ll find...

Inspecting resale properties – part 4

In the previous article I gave some advice on how to carry out an external inspection of resale properties. In this article you'll find...

Cyprus weather forecast

EUR - Euro Member Countries
GBP
1.1991
RUB
0.0118
CNY
0.1380
CHF
0.9524

Rising costs could derail house prices

The Central Bank of Cyprus has expressed its concern over the soaring price of building materials, sending the cost of construction to skyrocket to...
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