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7th October 2024
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Golden passports trial postponed yet again

Legal Matters
The highly anticipated trial involving the Al Jazeera golden passports case has been postponed yet again. The criminal case stems from a 2020 Al Jazeera investigative report alleging corruption. Three...

News

New Urban Amnesty: Applications & Compensation Payments

The new Urban Amnesty Plan was approved by Cyprus' Council of Ministers on 13 September and applications may be submitted until Monday 23 March...

Illegal estate agents thriving amid weak penalties

Illegal estate agents continue to defraud unsuspecting buyers and tenants, extending their reach into occupied territories, according to the Cyprus Real Estate Agents Registration...

Planning permission axed for low-risk developments

As of October 2, Cyprus will axe the requirement to obtain planning permission for low-risk developments, such as the construction of one or two...

Multi-million-euro property fraud

Police have forwarded a multi-million-euro property fraud complaint against a Greek Cypriot businessman, to their Crime Combating Department (CCD) for further investigation. The case was...

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Foreigners buying more affordable properties

Foreign investors in Cyprus are increasingly turning their attention from luxury properties to more affordable housing, prioritizing residency permits over citizenship. This shift, highlighted...

Statistics

Building permits backlog & brown envelopes

Building permits surged by 150% in June as local authorities rushed to clear a backlog before transferring responsibility from municipalities and district administration offices...

Articles

Millennials set to account for 70% real estate market customers

In its S1 2024 Market Insight Report, Danos International Property Consultants & Valuers forecasts that "Millennials (Gen Y) and Gen Z are going to...

Residential market shows signs of cooling

The island's residential market is cooling down for the first time in four years, despite significant annual increases in property prices and rents across...

Understanding costs associated with property sale transactions

Selling immovable property in Cyprus offers a unique opportunity to engage with a very active real estate market. Whether you are selling a holiday...

What lies ahead for the Cyprus real estate market?

In the near future, the Cyprus real estate market is expected to continue on its dynamic path, however, it will not be a bed...

Sunshine and strain – a market divided

The Cyprus real estate sector is in a seemingly golden age. But all that glitters is not gold. A booming economy (projected 2.7% growth in...

Cyprus weather forecast

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About us

Established in 2004, Cyprus Property News is the Island’s leading on-line resource for overseas home buyers and property investors.

Owned, funded and operated independently, we provide the latest news and analysis of events shaping the property market and offer opinion and guidance on purchasing real estate. 

Our mission

The mission of Cyprus Property News is to provide anyone looking to buy property in Cyprus with up-to-date factual information, without the usual marketing hyperbole and exaggerated claims, to help their buying decisions and to help them avoid making costly mistakes.

Cyprus Property News also has an on-line Cyprus Property Forum where individuals wishing to buy or sell property and those who are facing problems can seek independent advice completely free of charge.

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