Cyprus Property News for home buyers and real estate investors

Tuesday 18th May 2021
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Project to redevelop Moni cement plant

Sarels Ltd. has submitted proposals to the Department of Environment for a project to redevelop part of the site of the old cement plant at Moni, which was demolished...

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...

Final Approval Certificate

There has been discussion recently about the Certificate of Final Approval (CFA) for someone to occupy a building or unit in Cyprus and whether...

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 news in English

Cyprus Coronavirus News

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...

Marginal fall in residential property prices

Residential property prices dropped a marginal 0.2% in the fourth quarter of 2020, its second marginal consecutive quarterly reduction, with the government’s interest rate...

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,...

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...

Cyprus house price index up 4.7%

The Cyprus House Price Index (HPI) rose by 4.7 per cent in the fourth quarter of 2020 compared to the previous quarter according to...

New home construction steadies

Despite a fall in the number of building permits authorised for building new homes in November 2020 compared to the same month in 2019,...

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...

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 weather forecast

EUR - Euro Member Countries
GBP
1.1633
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0.0111
CNY
0.1274
CHF
0.9123

Marinas

Title Deeds

Swiss Franc Loans

How Golden Passport providers cheated the system

The 515-page interim report into the disgraced Cyprus Citizenship by Investment (aka Golden Passport) scheme revealed that more than half the 3,000 citizenships granted...

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...

Building violations linked to citizenship scheme

The audit service said Thursday state and local authorities had violated national and EU laws in allowing the construction of a huge project linked...
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