Interior Minister Nicos Nouris urged land development companies to avoid advertisements that connect real estate to gaining Cypriot citizenship or residency. He said acquiring a European passport should only occur when the
Cyprus accuses Turkey of “blatant disregard of its legal obligations” to comply with judgements issued by the European Court of Human Rights in paying outstanding compensation in Greek Cypriot property cases. Nicosia
Celebrity name-branding or owning property in a certain location can impact real estate prices. Mykonos is becoming more popular among celebrities in recent years. An island of just 30,000 people in winter
Large companies and high-net-worth individuals who purchase houses and apartments to resell or rent them to third parties currently make up 20% of all property buyers in the US. This trend has
Once-neglected, Larnaca is attracting new investments in tourism development with another upscale hotel project destined on the seafront near the airport. S & H Parayialia Estates Ltd announced plans to build a
By Charalambos Pitros The construction cost in Cyprus has increased abnormally. Moreover, the recent hike in diesel prices has worsened the situation, as the price has a domino effect on every material
According to Q2 data processed by WiRE, the effects of the coronavirus pandemic are still felt by the Cyprus Real Estate market, with sale prices recording a quarterly drop across all property
Cyprus has the Estate Agents Law, which regulates most matters related to the industry, but people coming from different countries have their national system in mind, which, at times, creates confusion. Finding
There is an increasing rate of title deeds being issued, albeit, with some delay of 4-7 years or more after completion, the titles are being issued. Although a positive development, this has
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
