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

3rd December 2021
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December 2018 building permits

Building permits for the construction of 504 new homes in Cyprus were authorised during December 2018; an increase of 55.1 per cent compared with December 2017 according to official figures.

December property sales crash

Following nineteen consecutive months of rising property sales in Cyprus, December 2018 sales saw a crash in their number according to official figures published by the Department of Lands and Surveys.

More new homes in December

The number of new homes in Cyprus for which building permits have been issued increased by 55.7 per cent in December 2016 compared to the same period in the previous year according to the Cyprus Statistical Service.

NPLs at post December 2014 low

Non-performing loans (NPLs) in the Cypriot banking system fell to a post December 2014 low in August according to statistics released by the Central Bank of Cyprus to stand at €24.55 billion.

Building permits up in December

The number of building permits authorised in Cyprus during December 2015 increased compared to the number authorised during the same period in 2014, according to the latest figures from CYSTAT.

December sales up 13 per cent

The number of property sales in Cyprus during December rose 13 per cent compared with the numbers sold in December 2014 according to official statistics published by the Department of Lands and Surveys.

Building permits drop in December

Figures released today by the Cyprus Statistical Service show that the number of building permits issued for the construction of residential properties fell in November compared to the same month last year.

Cyprus property sales: December 2009 report

The number of properties being sold in Cyprus improved marginally last month. However, demand is still very low compared to previous years and some believe the Island’s property market will never return to the heady days of 2007.

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