Local property taxes & rubbish fees set to rise this year

Local councils across Cyprus are facing new restrictions and obligations as Parliament steps in to curb runaway increases in waste collection and local property taxes. While some local authorities had...

Cyprus property sales in June second highest ever recorded

Property sales in Cyprus experienced a notable rise in June 2025, with a total of 1,544 contracts deposited at the island’s Land Registry offices....

EU house prices & rents rise in early 2025

The housing market in the European Union continues to see upward pressure in early 2025, with both house prices and rents rising notably. According to...

Cyprus cracks down on 5% VAT fraud

Politis reports that increased scrutiny is being placed on homes located in Cyprus' coastal regions as the Tax Department ramps up inspections to verify...

Cyprus high-end property market hits €75.7m in May

The Cyprus real estate market saw a strong increase in high-value transactions during May 2025, with the total value of the 50 largest deals...

Foreign buying frenzy hits Cyprus

Data furnished recently by the government lends weight to the notion that the purchase of real estate in Cyprus by foreigners continues an upward...

House prices surge in Limassol and Paphos

The upward trend in Cypriot residential property prices continued into the first quarter of 2025, with an annual rise of 4.8% recorded across the...

Building permits fell 4.8% in 2024

The number of building permits issued in 2024 fell 4.8% compared to the number issued in 2023, according to figures released by CySTAT. During the...

Cyprus property sales analysis – May 2025

Following our monthly update on property sales yesterday, we now dive deeper into the Cyprus property market's performance in May 2025, as revealed by...

Cyprus property prices set to fall as housing supply grows

Cyprus is poised for a decline in both rental and property purchase prices over the coming years, President Nikos Christodoulides has announced, largely due...

Construction materials prices edged down in October

The Price Index of Construction Materials for October 2024 reached 117.18 units (base year 2021=100), recording a fall of 0.08% compared to the previous...

Is Cyprus losing control of its property market?

A quiet but significant shift is happening across Cyprus. While most eyes remain on tourism numbers and construction booms, something deeper is underway: more...

Airbnb & foreign buyers driving Cyprus housing crisis

Young people face a housing dream out of reach – Calls for decisive state action from Petrou and Fakontis – How foreign investment, digital...

Young Cypriots and EU nationals face soaring housing costs

In recent times much has been written about the housing crisis in Cyprus and how it affects young people in particular, with growing numbers...

Golden visas in Cyprus: Investment or inequality?

Over the past ten years, the Republic of Cyprus has granted more than 30,000 passports and "golden visas" to non-EU nationals, alongside over 60,000...

Will the Cyprus government do more for trapped buyers?

The question on many people's minds remains: will the Cyprus government finally take decisive action to resolve the long-standing and deeply unfair issue of...
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Troika highlights concerns over Cyprus economic growth

Although Cyprus' economy is experiencing strong growth, the Troika of international lenders have identified key concerns during their 18th post-memorandum audit. The Troika's primary focus...

Urgent call for legislation on jointly owned buildings in Cyprus

The Cyprus Association of Condominium Managers (SYDIKOIK) has issued an urgent plea to the Parliamentary Committee on Interior Affairs to bring forward and pass...
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