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13th October 2024
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Primary residences going under the hammer increasing

Legal Matters
The number of primary residences going under the hammer has risen sharply since the second quarter of 2024, following a pause triggered by foreclosure-related legislation introduced at the end...

Latest News & Updates

Golden passports trial postponed yet again

The highly anticipated trial involving the Al Jazeera golden passports case has been postponed yet again. The criminal case stems from a 2020 Al Jazeera...

Limassol offices priced higher than London

The price of offices in Cyprus, particularly in Limassol are, in some cases, higher than London and Amsterdam, according to major technology companies operating...

August most expensive property sold for €5.4 million

The ten most expensive property sales across Cyprus in August totaled €20.9 million, with the highest transaction being a house in Ayios Tychonas, Limassol,...

New Urban Amnesty: Applications & Compensation Payments

The new Urban Amnesty Plan was approved by Cyprus' Council of Ministers on 13 September and applications may be submitted until Monday 23 March...

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Foreigners buying more affordable properties

Foreign investors in Cyprus are increasingly turning their attention from luxury properties to more affordable housing, prioritizing residency permits over citizenship. This shift, highlighted...

Statistics

Building permits backlog & brown envelopes

Building permits surged by 150% in June as local authorities rushed to clear a backlog before transferring responsibility from municipalities and district administration offices...

Articles

Millennials set to account for 70% real estate market customers

In its S1 2024 Market Insight Report, Danos International Property Consultants & Valuers forecasts that "Millennials (Gen Y) and Gen Z are going to...

Residential market shows signs of cooling

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...

Understanding costs associated with property sale transactions

Selling immovable property in Cyprus offers a unique opportunity to engage with a very active real estate market. Whether you are selling a holiday...

What lies ahead for the Cyprus real estate market?

In the near future, the Cyprus real estate market is expected to continue on its dynamic path, however, it will not be a bed...

Sunshine and strain – a market divided

The Cyprus real estate sector is in a seemingly golden age. But all that glitters is not gold. A booming economy (projected 2.7% growth in...

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About us

Established in 2004, Cyprus Property News is the Island’s leading on-line resource for overseas home buyers and property investors.

Owned, funded and operated independently, we provide the latest news and analysis of events shaping the property market and offer opinion and guidance on purchasing real estate. 

Our mission

The mission of Cyprus Property News is to provide anyone looking to buy property in Cyprus with up-to-date factual information, without the usual marketing hyperbole and exaggerated claims, to help their buying decisions and to help them avoid making costly mistakes.

Cyprus Property News also has an on-line Cyprus Property Forum where individuals wishing to buy or sell property and those who are facing problems can seek independent advice completely free of charge.

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