Cyprus house prices dip 4.9% in Q2

Cyprus’ House Price Index (HPI) in the second quarter of 2021 reached 104.07 units, registering an annual decline of almost 5% as the market struggles to overcome the pandemic, according to the

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Cost of building materials skyrockets

The cost of building materials in Cyprus has skyrocketed this year, making it harder for the real estate and construction sectors to recover after the scrapping of the ‘golden passports’ scheme and

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Forestry Department to the rescue

The summer forest fires have highlighted a government service (Forestry Department) to which we do not pay the appropriate attention that it deserves. The recent firefighting activities of the Department both in

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Building activity makes strong recovery

Building permits issued in the first half of 2021 marked a significant recovery from Covid-hit 2020 while exceeding the pre-pandemic activity of 2019, according to data released by the Cyprus Statistical Service.

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