Cyprus Property News

• Partners fined for letting non-lawyer take control of group litigation

  1 day ago CyprusPropertyNews

  Two partners in a former City law firm have each been fined £7,500 for allowing a non-lawyer to have sole and unsupervised conduct of...

• House prices up by 9.2% in EU member states

  5 days ago CyprusPropertyNews

  House prices in the euro area rose at the highest annual rate since they were first collected in 2005 with more than half of the member states...

• Cyprus progress against money laundering

  1 week ago CyprusPropertyNews

  Cyprus has room to improve in fighting money laundering and the financing of terrorism, despite ‘some’ progress recorded in the past...

• All market segments gained ground in 2021

  1 week ago CyprusPropertyNews

  Figures released by the Department of Land and Surveys reveal, perhaps not surprisingly, that all segments on the market achieved increased...

• Larnaca property sales hit €3 billion in last 5 years

  1 week ago CyprusPropertyNews

  Property sales in the Larnaca district nearly reached €3 billion in value over the past five years, a report from independent real estate asset...

• Rising costs could derail house prices

  1 week ago CyprusPropertyNews

  The Central Bank of Cyprus has expressed its concern over the soaring price of building materials, sending the cost of construction to...

• Discussions to reduce Title Deeds delays

  2 weeks ago CyprusPropertyNews

  The delay in issuing Title Deeds was one of the topics discussed at a recent meeting between the Deputy Director of the Department of Lands...

• Sales surged at year end

  2 weeks ago CyprusPropertyNews

  Property sales (as measured by the number of sale contracts deposited at Land Registry offices) surged in December recording the highest number...

• Cyprus tops housing for investment but…

  2 weeks ago CyprusPropertyNews

  Cyprus has the highest percentage of its GDP invested in the housing sector compared with other EU Member States, according to the Housing in...

• Paphos property sales exceed €2.5 billion

  3 weeks ago CyprusPropertyNews

  Property sales in Paphos district exceeded €2.5 billion in value over the past five years, a report from independent real estate asset management...

• Real estate in pandemic recovery mode

  3 weeks ago CyprusPropertyNews

  Cyprus’ real estate market continued its recovery this year, with some indicators exceeding pre-pandemic levels, according to a survey...

• Building permits increase in area but fall in value

  3 weeks ago CyprusPropertyNews

  The September 2021 figures show that a total of 768 permits were authorised during the month; an increase of 11.3% compared to the number...

• Inspecting resale properties – part 6

  4 weeks ago CyprusPropertyNews

  When buying a resale property in Cyprus (or anywhere else for that matter) you need to consider a number of aspects. As well as inspecting...

• Former MPs face prosecution over passport scandal

  22-12-2021 CyprusPropertyNews

  Police are requesting the prosecution of former House Speaker Demetris Syllouris and ex-AKEL MP Christakis Giovani implicated in the golden...

• Limassol property sales exceed €6.3 billion

  19-12-2021 CyprusPropertyNews

  The three major municipalities of the Limassol District – the Municipality of Limassol, of Yermasoyia and of Agios Athanasios, gained a...

• Our top 10 stories in 2021

  19-12-2021 CyprusPropertyNews

  Our top 10 stories for 2021 are set against a background of BREXIT and the on-going COVID-19 pandemic, which continues to disrupt the lives of...

• Construction material prices onwards and upwards

  18-12-2021 CyprusPropertyNews

  Construction material prices continued onwards and upwards in November as the global economy continues to pick up in the wake of the COVID-19...

• Inspecting resale properties – part 5

  18-12-2021 CyprusPropertyNews

  In the previous article I gave some advice on how to carry out an internal inspection of resale properties. In this article you’ll find...

• Property sales bounced back in November

  15-12-2021 CyprusPropertyNews

  Property sales bounced back in November following a fall of 14% in October compared to the same period last year, with the number of sales rising...

• Two Limassol towers post-golden passports

  14-12-2021 CyprusPropertyNews

  Limassol is still seeing high-rise projects preparing to take off the ground, despite Cyprus’ golden passport scheme’s demise that...

• License to rent your property Q & A

  14-12-2021 CyprusPropertyNews

  The article I published on 24 November ‘ How to get a license to rent your property ‘ raised a number of questions from readers regarding the...

• Is now the right time to sell your property?

  13-12-2021 CyprusPropertyNews

  We frequently get asked this question around this time of year: Is now the right time to sell? An optimal time to sell a property is when...

• Property prices still at pre-2008 levels

  30-11-2021 CyprusPropertyNews

  Property prices in Cyprus have bounced back by 87% compared to the first quarter of 2008, according to a recent report by the rating agency DBRS....

• Trapped property buyers protection extended

  26-11-2021 CyprusPropertyNews

  By unanimous vote, parliament on Thursday passed a law extending to the end of 2022 the protection afforded to ‘trapped’ property buyers. It...

• How to get a license to rent your property

  24-11-2021 CyprusPropertyNews

  Renting your home in Cyprus is a good way to earn money while you’re not using it, but a law that came into force in January 2020 requires...