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19th April 2024
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Cyprus strong growth momentum continues but…

Cyprus' economic expansion is set to remain robust, driven by domestic demand, but risks are tilted to the downside, according to the European Commission's spring 2019 economic forecast.

Cyprus property sales at eleven year high

Cyprus property sales in April reached the highest monthly figure recorded since September 2008 following a 61 per cent surge according to official figures from the Department of Lands and Surveys.

Solution for trapped buyers edging closer?

Amendments to the law designed to resolve the Title Deed mess by enabling trapped buyers who were duped into buying homes on land their developer had earlier mortgaged to the bank to obtain their Title Deeds are edging closer to a vote my MPs.

Cyprus real estate investment: prospects & risks

The figures, trends and the state of the Cyprus real estate market over the last few years are a clear indication that Cyprus is becoming more and more interesting for property investors.

EU reports Cyprus house prices up 3.5 per cent

House prices in Cyprus rose 3.5 per cent in the fourth quarter of 2018 and by 1.6 per cent year-on-year according to Eurostat, the statistical office of the European Union, in its latest news release.

New homes in Cyprus up 15 per cent

The number of new homes in Cyprus for which building permits were issued rose by 15.1 per cent in January 2019 compared to January 2018 according to the Cyprus Statistical Service.

Cyprus hotels pushing for Airbnb legislation

The Cyprus Hotel Association is pressing MPs to pass a bill regulating Airbnb type rentals that has been on the table for nearly a year to combat what hoteliers consider as unfair competition.

Is the Cyprus property market softening? (Update)

There was a marginal fall in the number of Cyprus property sales during March compared to March 2018 according to official figures published by the Department of Lands and Surveys.

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