DIY renovations prove costly

More expensive building materials has put a price crunch on owners planning to invest in renovating their home. In October, according to the Cyprus Statistical Services, the price index of construction materials

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Online auctions can’t be trusted

For those interested in buying real estate through electronic (or other) auctions, I keep noting various scams that surface, resulting in the unsuspecting public or buyers as the victims. Initially, an auction

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Scary rents for scary times

With the constant demand for residential units, the rental situation has been a concern for some time, to the extent that it affects the Cypriot market, especially middle to lower-income groups. The

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Property sales spike 36%

Despite the energy crunch and cost of living crisis, the Cyprus real estate market is witnessing rapid growth amid economic uncertainty. For the first ten months to October 2022, property sales were

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€1.65 bln in Q3 property sales

Despite the adverse economic conditions, the Cyprus real estate market saw a 34% increase in the value of property transactions in the third quarter, rising to €1.65 bln from €1.2 bln in

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