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In a solid performance for Cyprus’ property market this March, Nicosia has claimed the spotlight with the country’s most expensive real estate transaction – a €29.3 million office building sale in the ...
Much of the Paphos district sits on clay-rich soil, prone to landslides and ground cracking with more than 2,000 landslides recorded by GSD.
The Chairman of the Parliamentary Legal Affairs Committee has hit out at vulture funds for refusing to suspend property repossessions.
Property development and construction remain one of the most vital pillars of the Cypriot economy, contributing close to 15% of GDP and employing over 40,000 people. This sector plays a substantial ...
The number of building permits issued in 2024 fell 4.8% compared to the number issued in 2023, according to figures released by CySTAT.
In a significant move to tackle the ongoing housing shortage, the Cabinet on Wednesday approved key amendments to a special incentives scheme aimed at increasing the supply of affordable homes. The ...
Property prices in Cyprus have risen to levels last seen in 2012, just before the banking crisis according to the Cyprus Central Bank.
A draft bill suggests cutting off water and electricity to dangerous buildings and stopping owners from renting them out.
House prices in Cyprus rose at a slower rate in the third quarter of 2024, according to the General House Price Index from the Central Bank.
Cyprus' housing shortage may deter foreign firms headquartering in Cyprus, significantly harming the country's economic and strategic goals.
A significant number of the homes eligible for the "Mortgage-to-Rent" Scheme do not have final approval certificates, according to a report.
AKEL has proposed a bill scrapping the 5% reduced VAT rate for foreign nationals buying or building homes in Cyprus. The bill, put forward by MP Giorgos Loukaides, suggests changing the Value Added ...
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