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20th April 2024
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Tag: new homes

Legal Matters

5% VAT rate on new homes extended

Parliament has passed a law, with 34 votes in favour and one against, granting beneficiaries to request a reduced...
Articles

Are new homes more compelling than resales?

An analysis by the managing director of Paphos-based real estate company Property Canvas, Christos Nikolaou, suggests that investing in...
Legal Matters

Amend property VAT laws or else!

The European Commission has given Cyprus until mid-February to enact new legislation governing the levying of reduced VAT on...
Articles

2022 in review: cheaper housing in short supply

There's a lot to whine about and I'm generally pretty good at it, so here goes: decent housing is...
Legal Matters

Europe issues VAT ultimatum on new homes

The European Commission has sent an ultimatum to Cyprus regarding the island's abuse of the European Directive on reduced...
Statistics

Building permits continue to fall

The number of building permits authorised in Cyprus during September 2022 stood at 670. The total value of these...
Legal Matters

MPs seek deal on reduced VAT for new homes

MPs seek a compromise on reduced VAT for first homes after the European Commission initiated infringement proceedings against Cyprus...
Legal Matters

Compromise VAT bill on new homes

The government has retabled a bill for reduced VAT on first homes, aiming to find the sweet spot between...

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About us

Established in 2004, Cyprus Property News is the Island’s leading on-line resource for overseas home buyers and property investors.

Owned, funded and operated independently, we provide the latest news and analysis of events shaping the property market and offer opinion and guidance on purchasing real estate. 

Our mission

The mission of Cyprus Property News is to provide anyone looking to buy property in Cyprus with up-to-date factual information, without the usual marketing hyperbole and exaggerated claims, to help their buying decisions and to help them avoid making costly mistakes.

Cyprus Property News also has an on-line Cyprus Property Forum where individuals wishing to buy or sell property and those who are facing problems can seek independent advice completely free of charge.

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