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  • Limassol plans low-cost housing units

    Limassol plans low-cost housing units

    Plans by the Limassol Municipality to build 500 low-cost housing units in Ayios Nicolaos and Ayios Ioannis to address the high rent problem in the city have been supported by the Interior Ministry...
  • September 2018 building permits

    September 2018 building permits

    Official figures released by the Cyprus Statistical Service report that 588 building permits were authorised in September 2018 for the construction of new homes, civil engineering projects, etc...
  • Small rise in November property sales

    Small rise in November property sales

    There was a small rise in the number of Cyprus property sales in November 2018 compared to November last year according to figures published today by the Department of Lands and Surveys...
  • Property news in brief

    Property news in brief

    Over the past week a number of news reports concerning property in Cyprus have appeared in the local media about non-performing loans (NPLs), recent property deals and the bank of Cyprus...
  • High rents and homelessness

    High rents and homelessness

    A rise in already high rents and an increase in the number of homeless people has led parliament to urgently call on the government to intervene and provide solutions to problems caused by high rents, especially in Limassol...
  • Agreement close on Airbnb type rentals

    Agreement close on Airbnb type rentals

    Agreement on a bill designed to regulate and tax rental income on Airbnb type rentals is close but a key question remains concerning short-term letss of apartments in residential areas...
  • Is it safe to buy property in Cyprus?

    Is it safe to buy property in Cyprus?

    "Is it safe to buy property in Cyprus?" is a question I'm constantly being asked and although changes to the law in recent years have improved the situation, some buyers are still at risk. ..
  • High rise developments in jeopardy

    High rise developments in jeopardy

    Property developers consider that the construction of high rise developments is at risk as a new law requires comprehensive environmental studies to be submitted, which will lead to long delays...
  • Cyprus real estate sector looking up

    Cyprus real estate sector looking up

    Cyprus' real estate sector is continuing to thrive, building on the upward trend of previous years, with experts confident that sales transactions for 2018 will peak at an eight-year high...
  • 453 new homes in August

    453 new homes in August

    The number of building permits for the construction of new homes in Cyprus rose 85.7 per cent in August 2018 compared to the corresponding month last year providing for the construction of 453 new homes...
  • Property sales up 6% in October

    Property sales up 6% in October

    The number of property sales in Cyprus continued to rise in October with the number of sales contracts deposited at Land Registry Offices across the Republic up 6 per cent compared with October 2017...
  • Trapped buyers get Christmas present promise

    Trapped buyers get Christmas present promise

    The problems faced by the 70,000 'trapped buyers' who were duped into buying property built on land earlier mortgaged by developers should be resolved by Christmas says Christiana Erotokritou MP...

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