Cyprus Property News for home buyers and real estate investors

Wednesday 27th January 2021
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Case against massive hillside development lost

Peyia is mulling what steps to take after losing a court case to block the development of a hillside above the Paphos town. The local...

Loan repayment holiday until June 2021

The Central Bank of Cyprus (CBC) has approved a new loan repayment moratorium until the end of June because of the COVID-19 pandemic's consequences...

Lax oversight let alleged cheats get Cyprus passport

NICOSIA, Cyprus - Authorities in Cyprus should consider stripping citizenship from a dozen individuals over their alleged involvement in acts of theft and fraud,...

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COVID-19 Spread in Cyprus

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Buying property in Cyprus and visiting post Brexit

When the Brexit transition period came to an end on 1st January 2021, UK citizens became "third country" nationals; a generic term describing non-EU...

Will Cyprus real estate market hold in 2021?

While uncertainties remain for 2021, the Cyprus property market will continue to show its strength. With at least two viable vaccines, low mortgage rates,...

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Fall in property sales hits all market segments

The year-end fall in property sales we reported yesterday has affected all market segments according to official statistics published by the Department of Lands...

Property sales fall at year end

Cyprus ended the year with property sales falling by 19 per cent in December compared with December 2019 following the abandonment of the Citizen-by-Investment...

RICS reports quarterly property price falls

The forty-third publication of the RICS Cyprus Property Price Index reports that the average price of residential apartments and houses across the island fell...

New homes construction falls 37 per cent

Following the 51% rise in the number of building permits authorised for the construction of new homes in August, September saw a fall of...

Sharp rise in new homes construction

There was a sharp rise in the number of building permits authorised in August for the construction of new homes according to official statistics...

Small drop in non-performing loans

Cyprus' non-performing loans (NPLs) recorded a small decrease by €13.5 million, totalling €6.52 billion at the end of August, according to the latest data...

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...