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

4th December 2021
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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 agency DBRS. Real estate values have...

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...

Construction costs hike threaten recovery

Real estate and construction stakeholders want the government to soften the blow delivered by an "abnormal" increase in construction costs, warning that development could...

EC confirms response on golden passports

The European Commission has received a response from Cypriot authorities regarding the island's now- defunct 'golden passports' scheme, and will continue dialoguing with Nicosia,...

People suffering at the hands of the Land Registry

The state of affairs at the Cyprus Land Registry is appalling, with people waiting many years to have their applications processed. In its article "Golgotha...

Cyprus news in English

Cyprus Coronavirus News

Property sales to EU nationals bucks trend

Further analysis of the property sales statistics (as measured by the number of sale contracts deposited at Land Registry offices) provided by the Cyprus...

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 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...

Property sales improve in all market segments

All market segments saw an improved number of property sales in September compared to the same period last year according to figures published by...

House prices fall, apartment values rise

A slowdown in the residential Cyprus property price indices has been recorded in the second quarter of 2021 due to a small decrease in...

Construction material price hikes continues

The price of construction materials continued to surge in September as the global economy picks up in the wake of the COVID-19 pandemic causing...

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 approves 390 extra golden passports

Cyprus approved another 390 golden passports applicants after the Citizenship-by-Investment scheme was scrapped in November 2020, while Brussels' infringement procedure into the scheme continues. Presenting...

Inspecting resale properties – part 3

In the first two articles I gave some general advice on viewing resale properties and checking out the local area and amenities. Today, I'll move...

Inspecting resale properties – part 2

In the first article, I gave some general advice on viewing resale properties. In this second article some advice on checking out their location. When...

Inspecting resale properties – part 1

Given the long-standing issues with Title Deeds, more home buyers are restricting their search to resale properties that have been issued with their all-important...

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