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

28th January 2022
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Building permits fall in value and area

The October 2021 figures show that a total of 663 building permits were authorised during the month; an increase of 13.7% compared to the number authorised in October 2020....

Cyprus progress against money laundering

Cyprus has room to improve in fighting money laundering and the financing of terrorism, despite 'some' progress recorded in the past year, the Council...

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...

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All market segments gained ground in 2021

Figures released by the Department of Land and Surveys reveal, perhaps not surprisingly, that all segments on the market achieved increased sales in 2021...

Spiralling building materials costs set to continue

According to the Cyprus Statistical Services, the price of building materials rose by 17.1% in December 2021 compared to the December 2020, increasing the...

Sales surged at year end

Property sales (as measured by the number of sale contracts deposited at Land Registry offices) surged in December recording the highest number for the...

Supply & demand mismatch in real estate market

According to WiRE FS findings, prices and transaction volume of real estate at city centres in Nicosia and Limassol remain stable, as locals, taking...

Construction material prices onwards and upwards

Construction material prices continued onwards and upwards in November as the global economy continues to pick up in the wake of the COVID-19 pandemic...

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

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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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