Cyprus Property News for home buyers and real estate investors

Tuesday 3rd August 2021
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New loans for homes reach record high

Net new loans for house purchasing rose to €114 million in June, reaching a new all-time monthly record since December 2014, when the Central Bank of Cyprus (CBC) began...

Cyprus still considering Golden Passport applications

Despite numerous warnings from the European Commission, Cyprus is still considering 'golden passport' applications that were pending at the time the disgraced Citizenship-by-Investment (CBI)...

Cyprus property prices continue to fluctuate

According to Q2 data processed by WiRE, the effects of the coronavirus pandemic are still felt by the Cyprus Real Estate market, with sale...

News from the Cyprus banking sector

Non-performing loans (NPLs) in the banking sector increased in April according to a report that the Central Bank of Cyprus issued on Friday. NPLs in...

Limassol man duped in house sale

A Limassol man paid €60,000 over the internet for a house in Cyprus, which turned out to be a fraud, police said on Saturday. The...

Cyprus news in English

Cyprus Coronavirus News

Cyprus property market recovering steadily

The Cyprus property market continues its recovery with sales to the domestic and EU market leading the way, but sales to non-EU citizens are...

Building of 955 new homes authorised in Cyprus

April 2021 saw another surge in the planned number of new homes to be built in Cyprus according to the building permit statistics published...

Domestic property sales leading the recovery

Figures released by the Department of Lands and Surveys reveal that Cypriot purchasers are leading the recovery with property sales in April up an...

Cyprus property prices recovering

The Residential Property Price Index recorded a recovery in the first quarter of 2021 after two consecutive quarters of falling prices, according to the...

Building permits record small recovery

The number of building permits authorised in Cyprus during February 2021 stood at 656; an increase of 11% compared to February 2020 according to...

Cyprus first-time home buyers’ market

LionGlobal reports that the pandemic and the abolition of the Cyprus Investment Programme may have caused a crack in the Cypriot real estate market...

Living in a Cyprus kleptocracy

Soon after the report on the 'citizenship by investment' scheme, fellow economist George Koumoullis convincingly made the case that Cyprus is a kleptocracy –...

Cyprus property market to continue to recover

Cyprus has long been a popular holiday destination. Many of us have relied on this fact for our financial stability, making money off tourism...

Cyprus real estate market review

PwC Cyprus 'Cyprus Real Estate Market – Year in Review 2020' provides insights into the behaviour of the Cyprus economy in general and presents...

Cyprus weather forecast

EUR - Euro Member Countries

Moody’s upgrades Cyprus’ rating

Moody's ratings agency has upgraded Cyprus' sovereign rating to Ba1 from Ba2 and changed its outlook to stable from positive on a decrease in...
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