Cyprus Real Estate News

Cyprus real estate sector looking up (Tue, 13/11/2018 - 10:02)

Story: Cyprus' real estate sector is continuing to thrive, building on the upward trend of previous years, with experts confident that sales transactions for 2018 will peak at an eight-year high. Read more...

453 new homes in August (Sat, 10/11/2018 - 21:49)

Story: The number of building permits for the construction of new homes in Cyprus rose 85.7 per cent in August 2018 compared to the corresponding month last year providing for the construction of 453 new homes. Read more...

EC closes infringement against Cyprus (Fri, 09/11/2018 - 21:52)

Story: Following Cyprus' action to abrogate the law requiring lawyers to charge a minimum fee for out-of-court work, the EC has closed infringement proceedings against Cyprus and an antitrust investigation. Read more...

Property sales up 6% in October (Tue, 06/11/2018 - 11:27)

Story: The number of property sales in Cyprus continued to rise in October with the number of sales contracts deposited at Land Registry Offices across the Republic up 6 per cent compared with October 2017. Read more...

Trapped buyers get Christmas present promise (Thu, 01/11/2018 - 15:15)

Story: The problems faced by the 70,000 'trapped buyers' who were duped into buying property built on land earlier mortgaged by developers should be resolved by Christmas says Christiana Erotokritou MP. Read more...

Probe into sharp rent rises (Wed, 31/10/2018 - 11:11)

Story: The House Interior Committee is to look into the sharp rises in rents amid reports of a family has been made homeless because rents are too expensive and another evicted so the landlord could triple the rent. Read more...

Larnaca marina investors given more time (Mon, 29/10/2018 - 11:33)

Story: Larnaca marina and port development plans have been put on hold for another three weeks as the strategic investor has asked for an extension to submit their final financial offer for the €400 million project. Read more...

Cities vie for real estate investments (Sun, 28/10/2018 - 11:11)

Story: Limassol and Paphos account for the majority of foreign real estate investors, but Nicosia is catching up with a 34 per cent increase in contracts of sale deposited compared to last year. Read more...

Paphos marina delayed as Pafilia withdraws interest (Fri, 26/10/2018 - 20:34)

Story: It seems that the construction of the long-anticipated Paphos marina will be delayed following Pafilia's decision to withdraw its interest in a tender to design, build and operate the marina. Read more...

Cyprus second in EU for residence permits (Thu, 25/10/2018 - 21:33)

Story: During 2017 Cyprus issued the second highest number of residence permits of all the EU member states; 22.1 per 1,000 Cypriot citizens; Malta was in first place with 23 permits per 1,000 Maltese citizens. Read more...