Cyprus Property News for home buyers and real estate investors

Sunday 19th September 2021
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New high rise building in Germasogeia

A further high rise building may soon be built in the Germasogia area of Limassol following the submission of an environmental impact assessment study...

Banking sector challenges lie ahead

The banking sector faces multiple challenges ranging from the large percentage of non-performing loans (NPLs) to climate change; despite progress made, speakers told the...

New loans for homes reach record high

Net new loans for house purchasing rose to €114 million in June, reaching a new all-time monthly record since December 2014, when the Central...

News from the Cyprus banking sector

Non-performing loans (NPLs) in the banking sector increased in April according to a report that the Central Bank of Cyprus issued on Friday. NPLs in...

Moody’s upgrades Cyprus’ rating

Moody's ratings agency has upgraded Cyprus' sovereign rating to Ba1 from Ba2 and changed its outlook to stable from positive on a decrease in...

Price of houses stable, property rentals drop

Cyprus real estate prices & rentals recorded quarter-on-quarter drops across most property categories, but the value of houses remained stable, according to consultancy firm...

Golden passports inquiry’s report published

Cyprus' Law Office has released the final report of the Inquiry Committee probe into the issuing of passports under the citizenship for investment scheme...

Cypriots believe their country most corrupt in EU

More Cypriots believe that corruption has increased in their country over the past year than their fellow European citizens. According to Transparency International's Global Corruption...

New high-rise in Limassol

The Department of the Environment has given the green light for the construction of a 15 storey high-rise in Limassol. The proposed development is located...

Real estate indicators improving

Cyprus’ macroeconomic performance throughout 2021 will remain under pressure, with downward annual variations in several indicators influenced by the ongoing pandemic. However, when the health...

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