Cyprus Real Estate News

COVID-19 hits new homes in Cyprus (Sun, 12/07/2020 - 09:26)

Story: Permits for the construction of new homes in Cyprus fell by more than a half during April; the second month during which the COVID-19 containment measures continued to apply. Read more...

Cyprus’ largest ever housing project will help low-income families (Thu, 09/07/2020 - 20:50)

Story: Limassol municipality and the Land Development Corporation (KOAG) reached an official agreement on Thursday regarding the establishment of the largest housing project ever undertaken in Cyprus, worth €100 million. Read more...

Corrupt lawyers continue to plunder estates (Wed, 08/07/2020 - 15:31)

Story: Corrupt lawyersin Cyprus continue to plunder the estates of their deceased clients by calculating their fees for administering estates on the Cyprus Bar Association's 'Minimum Fee Regulations', which were abolished in 2018 Read more...

Cyprus house price index up 2.5 per cent (Wed, 08/07/2020 - 14:53)

Story: The Cyprus house price index rose by an average of 2.5 per cent in the first quarter of 2020 compared to the previous quarter according to official figures from the Cyprus Statistical Service (CYSTAT) Read more...

MPs commit to expedite citizenship bills (Tue, 07/07/2020 - 15:18)

Story: MPs have committed to expediting the bills and regulations aimed at improving the transparency of the citizenship-by-investment programme, so that the items can be voted on before the House breaks for the summer recess. Read more...

Decision soon on Pissouri homes devastated by landslide (Tue, 07/07/2020 - 13:58)

Story: The government said Monday it will soon have in hand the recommendations of experts concerning the landslide in the area of Pissouri, which has seriously damaged dozens of properties throughout the years. Read more...

Frustration at latest Kissonerga marina delay (Tue, 07/07/2020 - 13:18)

Story: Delays in finding a consultant to carry out a study into the Kissonerga marina and cruise ship docking facility construction is scuppering plans to develop the wider area according to community leader. Read more...

Domestic property sales on the up (Tue, 07/07/2020 - 12:33)

Story: Property sales to the domestic market in Cyprus showed a marked improvement in June, although sales to the overseas market have yet to show any signs of making a recovery. Read more...

Commission approves Cyprus’ airlines incentive scheme (Thu, 02/07/2020 - 22:18)

Story: The European Commission has approved a €6.3 million Cypriot incentive scheme towards airlines affected by the coronavirus outbreak, supporting tourism and possibly the overseas property market. Read more...

Cyprus property sales recovering (Thu, 02/07/2020 - 13:44)

Story: Property sales in Cyprus showed signs of making a recovery in June following the Government's easing of lockdown measures and its decision to subsidise housing loans. Read more...