Cyprus Property News for home buyers and real estate investors

Monday 12th April 2021
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NPLs fell by €3.86 billion in 2020

Non-performing loans (NPLs) in the Cyprus banking system dropped to €5.11 billion at the end of 2020; a fall of €3.86 billion compared to...

Cyprus house price index up 4.7%

The Cyprus House Price Index (HPI) rose by 4.7 per cent in the fourth quarter of 2020 compared to the previous quarter according to...

Cyprus house prices and rents fallen since 2010

House prices and rents in Cyprus fell 3.4 per cent and 4.1 per cent respectively between 2010 and the fourth quarter of 2020, according...

Building permits fall in number, value and area

Although there was a small increase in the number of building permits authorised for the construction of new homes in Cyprus during January 2021,...

Rethinking the value and cost of real estate

This article doesn't concern itself with the etymology of the cost, price, value and worth of real estate; it focuses on the mess these...

Cyprus property sales surged in March

After a disappointing start to the year property sales in Cyprus surged in March, 12 months after the country went into lockdown according to...

Cyprus seeks to attract long term investors

To further attract foreign investment to the island and help economic recovery, Cyprus announced amendments to Regulation 6 (2) of the Aliens and Immigration...

MPs pass unconstitutional Cyprus property law

The Cyprus parliament passed an unconstitutional law that could have resulted in problematic and even dangerous properties being sold to unsuspecting buyers. The law 'The...

700 borrowers unviable for Estia relief scheme

A total of 700 borrowers with non-performing loans (NPLs) amounting to about €173 million were deemed non-viable for loan subsidisation under the Estia scheme,...

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