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15th August 2022
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President signs controversial foreclosure law

Legal Matters
A controversial foreclosure bill has been signed into law in the Republic of Cyprus over the objection of the country’s finance minister who accused lawmakers of populism. President Nicos Anastasiades...

News

President sends back foreclosure and VAT bills

President Nicos Anastasiades has refused to sign off on and has sent back to parliament three bills passed by the House recently - two...

Central Bank dispels property bubble fears

Currently, the real estate sector is not a destabilising factor for the banking system, nor are there concerns over a property bubble or residue...

Real estate sector more difficult in coming months

Cyprus' real estate sector is exhibiting resilience and adjustability, Council for Registration of Real Estate Agents president Marinos Kineyirou said on Monday. However, Kineyirou warned...

Ageing buildings need urgent inspection

Cyprus' older buildings must undergo immediate inspection, while authorities should introduce mechanisms to prevent incidents like the collapse of two balconies in Paphos from...

Cyprus news in English

Cyprus Coronavirus News

Sales

Property sales continue to rise

For the seventh consecutive month property sales in Cyprus reached a 14 year high in July as measured by the number of contracts deposited...

Prices

House price index up 1.1% year-on-year

The Cyprus House Price Index (HPI) rose by 1.1% per cent on an annual basis in the first quarter of 2022 according to preliminary...

Statistics

Average cost of building a house up 20%

People wanting to buy a house in Cyprus are constricted by an upward trend in construction costs and materials, with the latest figures showing...

Property sales forging ahead (Update)

For the sixth consecutive month property sales in Cyprus reached a 14 year high in June as measured by the number of contracts deposited...

Rises reported in most real estate categories

In its overview of real estate activity in Cyprus during the first quarter of 2022 RICS Cyprus with KPMG in Cyprus reports that transactions...

Cyprus property values and numbers growing

The Cyprus property market is growing while getting pricier, as the number of properties rises by 1.5%, while their overall value increased by 2.2%...

Articles

Where is the Cyprus property market heading?

I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the...

Danger of electrocution in older homes

Residents of some 60 to 70 per cent of older homes face possible electrocution due to the age of the power supply switch, which...

Property market not going through a bubble

Council for Registration of Real Estate Agents president Marinos Kineyirou on Wednesday said that the Cypriot property market is not currently going through a...

Cyprus real estate market should look to the West

With the war in Ukraine causing a range of short and long term issues, with the global economy likely requiring years to recover, Cyprus...

Value that tree house!

Most people will simply calculate the total amount they paid for their house (i.e. cost of buying the vacant parcel/plot plus their total construction...

Cyprus weather forecast

EUR - Euro Member Countries
GBP
1.1830
RUB
0.0162
CNY
0.1448
CHF
1.0281

Marinas

Title Deeds

Swiss Franc Loans

Property Investment

British Bases deal triggers real estate prospects

Cypriots owning land in non-military areas inside the British Bases can sell or develop their property, following a milestone agreement between Cyprus and the...

Jointly-Owned Buildings

New Jointly-Owned Buildings Law drafted

Anyone who's had dealings with the Jointly-Owned Buildings Law will agree that it's in dire need of revision. I get as many complaints and...

Legal Matters

Freeze on property foreclosures extended

Cyprus parliament have voted to extend the freeze on property foreclosures to the end of October despite pleas from the government and financial institutions...
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About us

Established in 2005, 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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