The island’s residential market is cooling down for the first time in four years, despite significant annual increases in property prices and rents across Cyprus. Recent quarterly data suggest that this slowdown
Foreign investment and increased local demand keep markets on a growth path As Europe’s real estate leaders grapple with a market burdened by inflationary pressures and rising interest rates, the property
It is noticeable how city centres can change from one day to another, so to speak. Larnaca, the “poor” relative of all towns, partly due to its unfortunate vocal pressure groups and
Cyprus based real estate platform INDEX.cy unveiled a report on Friday, singling out Larnaca as the prime destination for investors and homebuyers eyeing lucrative opportunities in the island’s real estate sector. This
Larnaca’s iconic Rex Cinema, nestled in the heart of the town on Vasileos Pavlou Square, might soon witness a vibrant revival, thanks to a proposal by the municipality to create a Film
More than 2,500 Israelis have sought sanctuary in Cyprus, where the local Jewish community has come to their aid, the chief rabbi on the island said. A less than 40-minute plane trip
Cyprus is ready to receive foreign nationals evacuating Israel following a massive surprise attack launched by Hamas from the Gaza Strip and Israel’s retaliatory strikes. Interior Minister Constantinos Ioannou said the island
Limassol property offers the highest yield for renting out an apartment, generating returns between 6.85% and 7.80%, while Larnaca has the highest growth prospect, according to a local real estate agency study.
During an upward trend in property sales, the Real Estate Agents Registration Council highlighted the Larnaca district’s remarkable performance in the first half of 2023. According to data from the Land Registry
Once lagging in urban development compared to the other cities, Larnaca is undertaking multimillion projects, says the town’s mayor and local economy stakeholders. In comments to news site Stockwatch, Larnaca Mayor Andreas
