Cyprus Property News for home buyers & real estate investors in Cyprus

17th January 2022
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Rising costs could derail house prices

The Central Bank of Cyprus has expressed its concern over the soaring price of building materials, sending the cost of construction to skyrocket to...

All pending golden passports applications reviewed

The government has finished examining all pending applications filed under the - now defunct - citizenship-by-investment programme, and has duly briefed the European Union,...

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...

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