Soaring housing costs help make Limassol Cyprus’ priciest city

Limassol continues to dominate Cyprus' cost-of-living and property rankings, underpinned by sustained pressure on residential supply and persistently higher housing costs. The latest Numbeo cost-of-living data, compiled over the...

Claims Cypriot land is sold off to non-EU nationals overstated

Claims that foreign buyers are dominating Cyprus' property market may be overstated, with non-EU nationals accounting for just over a quarter of sales and...

Value of property transfers in Cyprus in 2025 topped €4.7bn

Cyprus' property market delivered a robust performance in 2025, with the total value of property transfers surpassing €4.7 billion, according to a report from...

Jointly-owned buildings bill delayed as disputes persist

Thousands of jointly-owned buildings residents remain effectively unprotected as long-standing problems persist, while the long-awaited revision of the legislative framework governing jointly-owned buildings faces...

Illegal rentals still plague Cyprus property market

Cyprus' short-term rental market is growing fast, but problems with illegal rentals refuse to go away. New figures from the Deputy Ministry of Tourism...

Cyprus news in English

Limassol dominates Cyprus’ luxury property sales in October 2025

The ten most expensive property transactions recorded across Cyprus in October 2025 reached a combined value of €87.6 million, with Limassol firmly maintaining its...

House price index dips slightly in Q3 2025

The latest preliminary figures released by the Cyprus Statistical Service (CyStat) suggest that the residential property market remained broadly stable in the third quarter...

Fewer building permits but strong growth in area and value

The number of building permits issued in Cyprus declined during the first eight months of 2025 compared to the same period in 2024. However,...

Cyprus property sales reach highest level since 2007

A strong 24 per cent increase in Cyprus property sales in December, together with steady growth throughout the year, has made it the country's...

Residential property prices up 5% year-on-year in Q3 2025

An annual increase of the Residential Property Price Index (RPPI) by 5% was recorded in the third quarter of 2025, compared with 4.7% in...

Cyprus building permits drop, project value rises

The number of building permits approved in the first five months of 2025 has seen a significant decline, even as the value and total...

Communal swimming pools: essentials for owners & management committees

Cyprus introduced the Swimming Pools Law of 2025 and regulations in July, bringing long-awaited change and updated safety standards for all swimming pools across...

Is build to rent a solution for Cyprus’ housing shortage?

Cyprus is approaching a decisive moment for its housing market. Rapid population growth, a widening gap between supply and demand, and institutions struggling to...

Cyprus trapped buyer case exposes deep property & legal failures

A recent letter published in the Cyprus Mail by Mr Helmuth Porschen, entitled "Paying the price of a developer's mortgage", has once again thrown...

How can the Cyprus property sector remain competitive?

Yiannis Misirlis, chairman of the Cyprus Property Developers Association, and Andreas Demetriades, president of the Association of Large Investment Projects, shared their views on...

Why you shouldn’t ask ChatGPT about Communal Fees

Owners of units in Jointly Owned Buildings, such as apartments and other complexes with shared facilities are required by law to contribute towards the...
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Cyprus aligns with EU on foreign direct investments screening

Cyprus has taken a major step to tighten controls over foreign direct investments with the approval of a new law aimed at safeguarding national...

Revision of Cypriot legislation on common property & property transfers: new obligations & restrictions

The Cypriot Parliament is facing significant changes in legislation concerning jointly-owned buildings and property transfers, with the aim of addressing serious problems related to...
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