Property rules need changing

It seems that despite the initial lukewarm reaction by politicians to properly investigate poor management of the Cyprus economy (many of whom have only themselves to blame), we are now experiencing the

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Flats push up property prices

In Cyprus, annual residential property prices continued to rise 1.2% in the third quarter of 2021, primarily driven by apartment purchases. This is according to the Central Bank of Cyprus (CBC) Residential

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Real estate in pandemic recovery mode 

Cyprus’ real estate market continued its recovery this year, with some indicators exceeding pre-pandemic levels, according to a survey carried out by property analysts Delfi Analytics. In comments accompanying the survey, Delfi

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Homebuilding lacks craft control

The introduction of the European building system to adopt craftsmanship certificates for the various construction trades should be considered urgent. At present, whatever a “craftsman” declares they are, this is accepted assuming

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Reduce VAT on rented properties

In recent years residential rents have shown a noticeable increase, especially those in the town centres, with special regard to those close to universities and colleges. Rents are determined in a free

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