Cyprus Property News

• A 16-storey tower in Germasogeia

  1 day ago CyprusPropertyNews

  A 71.7 metre tall, 16-storey tower called 'Mandarin Park' comprising a mixed development of commercial and residential properties is to be built...

• The long road to justice

  3 days ago CyprusPropertyNews

  Conor O'Dwyer speaks to the Sunday Mail about his 15-year battle with the Cyprus justice system, since he and his wife bought a property from...

• Banks to offload €4 billion NPLs

  5 days ago CyprusPropertyNews

  The Bank of Cyprus and the Hellenic Bank will sell non-performing loans (NPLs) worth €4 billion by the end of February enabling them to dispose of...

• Citizenship applicants are high-risk

  1 week ago CyprusPropertyNews

  The Institute of Certified Public Accountants of Cyprus (IPAC) has cautioned its members that "Investment citizenship programs carry inherent...

• O’Dwyer hopes quest for justice is finally over

  1 week ago CyprusPropertyNews

  British man Conor O'Dwyer hopes his fifteen-year quest for justice over a dodgy property sale will come to an end on Friday when the Supreme Court...

• Law regulating Airbnb rentals passed

  1 week ago CyprusPropertyNews

  A bill to regulate the rentals of self-catering accommodation by owners through online platforms like Airbnb and booking .com was passed by MPs...

• House prices not recovered from 2007 crash

  1 week ago CyprusPropertyNews

  House prices and rents in Cyprus have yet to recover to the levels last seen before the island's property market bubble burst in 2007 according to...

• Law to evict tenants to parliament

  1 week ago CyprusPropertyNews

  Amendments to the rent control law making it easier for landlords to start the process of evicting tenants who fail to pay their rent will be...

• House price index falls 5.9 per cent

  1 week ago CyprusPropertyNews

  The Cyprus house price index (HPI) fell by 5.9 per cent in the third quarter of 2019 but rose by 2.3 per cent on an annual basis according to a...

• Permits authorised for 744 new homes

  2 weeks ago CyprusPropertyNews

  Building permits authorised in Cyprus during October 2019 provided for the construction of 744 new homes, compared with 617 in October 2018...

• Affordable housing incentive scheme fails

  2 weeks ago CyprusPropertyNews

  The government's affording housing scheme, which offers developers incentives to provide cut-priced homes for low-income groups, has failed to...

• Financing high-rises a headache for bankers

  2 weeks ago CyprusPropertyNews

  The financing of high rises and other major developments in Cyprus that are aimed at foreign buyers interested in acquiring a Cypriot passport are...

• Estia applicants hit 50% of eligible borrowers

  2 weeks ago CyprusPropertyNews

  Applications for the Estia programme, which aims to assist home owners with non-performing mortgages by providing government support, have been...

• Rise in property sales attributed to local & EU buyers

  2 weeks ago CyprusPropertyNews

  The 12 percent year-on-year increase in the number of property sales in Cyprus during 2019 was attributable to Cypriots and EU citizens, while the...

• Annual property sales hit eleven year high

  3 weeks ago CyprusPropertyNews

  Property sales in Cyprus during 2019 topped 10,000 to reach the highest number recorded since 2008 according to official statistics published this...

• Swiss Franc loan nullified following ECJ ruling

  3 weeks ago CyprusPropertyNews

  A legal test case resulted in a Swiss Franc loan being declared null and void by the Warsaw District court on Friday, leaving the banks in Poland...

• What next for the Cyprus real estate market?

  30-12-2019 CyprusPropertyNews

  The Cyprus real estate market is changing faster than ever and its predicted that the positive trend will continue as the market is constantly...

• Cyprus passports really are ‘golden’

  30-12-2019 CyprusPropertyNews

  A new index shows that Cyprus passports really are 'golden' ranking its power at eight as its holders can visit 166 countries including 122...

• Passports: the barometer for real estate

  24-12-2019 CyprusPropertyNews

  Stricter criteria imposed earlier in the year before a Cyprus passport can be acquired have impacted real estate sales, according to a...

• Overseas property sales drop 15%

  20-12-2019 CyprusPropertyNews

  Sales of property in Cyprus to the overseas market fell 15% in November in a continuing trend that started in June following the introduction of...