Cyprus Property News for home buyers and real estate investors

Sunday 6th December 2020

Peter Stevenson

Building sector ‘dictatorship’ says union

Building contractors are not paying their employees on time, cutting their wages and letting them go say the Pancyprian Federation of Labour (PEO) and the Cyprus Workers' Confederation (SEC).

Construction industry unrest escalates

Trouble erupted at a hotel construction site in Paphos on Tuesday when violent scuffles broke out between striking builders and police; unions accused the police of using excessive force.

Most Read

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...

Property sales slump 20 per cent

Following the termination of the Citizen-by-Investment (aka Golden Passport) scheme at the start of the month in the aftermath of Al Jazeera Cyprus Papers,...

Larnaca port and marina is a mammoth project

Following a three-year international public tender procurement, the Republic of Cyprus reached an agreement in March with a consortium known as Kition Ocean Holdings...

Silver medal for residence permits

Cyprus finished in the silver medal position for issuing the second highest number of first residence permits to non-EU citizens in the 27 EU...

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