Cyprus Property News for home buyers and real estate investors

Monday 12th April 2021
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Building permits fall in number, value and area

Although there was a small increase in the number of building permits authorised for the construction of new homes in Cyprus during January 2021,...

Rethinking the value and cost of real estate

This article doesn't concern itself with the etymology of the cost, price, value and worth of real estate; it focuses on the mess these...

Cyprus property sales surged in March

After a disappointing start to the year property sales in Cyprus surged in March, 12 months after the country went into lockdown according to...

Cyprus seeks to attract long term investors

To further attract foreign investment to the island and help economic recovery, Cyprus announced amendments to Regulation 6 (2) of the Aliens and Immigration...

Cyprus news in English

Cyprus Coronavirus News

Covid-19 impacting overseas property sales

Property sales in Cyprus to the overseas market continue to be hit by the COVID-19 pandemic and are unlikely to improve substantially until it...

Apartment prices highest in Limassol

A recent survey that compared apartment prices across the island concluded that the most expensive were in Limassol, followed by Nicosia, Larnaca, Paphos and...

Building permits authorised for 752 new homes

The construction of 752 new homes was authorised in December 2020 compared to the 1,107 authorised in December 2019 according to official statistics from...

Domestic sales hit by pandemic

Property sales to the Cypriot market fell in January compared to January 2020 according to official figures published earlier today by the Department of...

Cyprus house price index falls

The Cyprus House Price Index (HPI) fell by 4.8 per cent in the third quarter of 2020 compared to the previous quarter according to...

Small rise in building new homes

There was a small rise in the number of building permits authorised for building new homes in October 2020 compared to the same month...

Buying properties from banks or investment funds

After 2015, many properties passed into bank ownership, mainly through debt-to-asset swaps or foreclosures. Subsequently, some were acquired by credit acquiring companies, and, in the...

Managing toxic loans outside the banking system

Terms like "non-performing loans", "foreclosures", "loan sales" entered our lives in the last decade as a result of the global financial crisis, as well...

Cyprus Real Estate Market Report

Deloitte has just released its Cyprus Real Estate Market Report, which provides an overview and sentiment of the real estate market in Cyprus. The report...

Property sales figures can lie

When the Department of Lands and Surveys released data on sales contracts for January, it struck me the numbers and percentages were presented without...

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You have insurance but are you insured?

Over the past few of months I've had received several emails from people complaining about problems they're having getting insurance companies to pay for...

MPs pass unconstitutional Cyprus property law

The Cyprus parliament passed an unconstitutional law that could have resulted in problematic and even dangerous properties being sold to unsuspecting buyers. The law 'The...