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26th June 2022
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Cyprus mulls raising bar for expat retirees

UK pensioners eyeing a retirement home in Cyprus may have to rethink their plans, as changes proposed by the government on granting residence permits to non-EU nationals raise the...

Paphos, Limassol property market booming

Real estate agents in Limassol and Paphos are reporting the highest demand from foreign buyers and Cypriots for homes since 2020 when the government...

Ministry passes the buck on Aglandjia rockslides

The state has no responsibility for rockslides on private plots, the interior ministry reiterated on Friday, a day after MPs and the Aglandjia mayor...

Wealth gap reshaping property sector

The Cyprus property sector is reinvented by a growing wealth disparity, creating a wider gap among potential buyers for homes and apartments. The trend...

Construction hit by staff shortages & rising costs

Construction companies and other industry stakeholders continue to be faced with the persisting challenges posed by rising domestic inflation, as well as the adverse...

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 has least crowded & costly homes

Eurostat data reveals that in 2020, 17.5% of the EU population lived in over-crowded households. I.e., they did not have a sufficient number of...

Apartments made up a third of real estate transactions

A third of all real estate transactions in Nicosia during the first quarter of 2022 concerned apartments, according to a report by the Council...

Demand & most property prices increasing

Prices for most types of property in Cyprus are increasing according to the latest edition of the RICS Cyprus Property Price Index with KPMG. The...

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...

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...

Rising prices are a challenge for everyone

The steady increase in property prices is a serious challenge that has not been adequately addressed by the state, Founding Director of Limassol property...
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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...

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...
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