Building permits issued in Cyprus jumped 46,7% annually in the four months from January – April, reflecting increased economic activity in the construction sector as Covid containment measures were eased. While most
Residential property sales have shot up by 38% in the first half of 2021 compared to the same period in coronavirus-stricken 2020. According to the Land Registry Office data, registered residential property
Cyprus has long been a popular holiday destination. Many of us have relied on this fact for our financial stability, making money off tourism and foreign investment. Because of the island’s centrality,
Cyprus real estate prices & rentals recorded quarter-on-quarter drops across most property categories, but house values remained stable, according to consultancy firm WiRE FS. Paphos had some of the biggest quarter-on-quarter drops
Buying a property in Cyprus is not difficult due to the abundance of supply; selling your own property is more difficult since you have to compete against well-organised developers and agents. For
The Residential Property Price Index recorded a recovery in the first quarter of 2021 after two consecutive quarters of falling prices, according to the RPPI compiled by the Cyprus Central Bank (CBC).
While uncertainties remain, the Cyprus property market will continue to strengthen, with once-neglected Larnaca appearing as the most attractive town for investments in real estate. An industry survey carried out by Danos/BNPRE
Increased building costs, limited availability of suitable housing within town centres, the burden of VAT, the lack of title deeds has turned housing demand towards older properties, which require repair. In this
Limassol Marina, the first superyacht marina on the island that opened to the public in 2014, has concluded its residential development by completing its final units, the exclusive Castle Residences. The delivery
The iconic Limassol Del Mar, the €400 mln landmark development in the coastal town, is almost ready with Phase I completed in the next few months and work on Phase II finalised
