Cyprus Property News

• High rents and homelessness

  30-11-2018 CyprusPropertyNews

  A rise in already high rents and an increase in the number of homeless people has led parliament to urgently call on the government to intervene...

• Agreement close on Airbnb type rentals

  29-11-2018 CyprusPropertyNews

  Agreement on a bill designed to regulate and tax rental income on Airbnb type rentals is close but a key question remains concerning short-term...

• Is it safe to buy property in Cyprus?

  25-11-2018 CyprusPropertyNews

  "Is it safe to buy property in Cyprus?" is a question I'm constantly being asked and although changes to the law in recent years have improved the...

• High rise developments in jeopardy

  20-11-2018 CyprusPropertyNews

  Cyprus property developers consider that the construction of high rise developments is at risk as a new law requires comprehensive environmental...

• Cyprus real estate sector looking up

  20-11-2018 CyprusPropertyNews

  Cyprus' real estate sector is continuing to thrive, building on the upward trend of previous years, with experts confident that sales transactions...

• 453 new homes in August

  10-11-2018 CyprusPropertyNews

  The number of building permits for the construction of new homes in Cyprus rose 85.7 per cent in August 2018 compared to the corresponding month...

• Cyprus let off the hook

  10-11-2018 CyprusPropertyNews

  Following Cyprus' action to abrogate the law requiring lawyers to charge a minimum fee for out-of-court work, the EC has closed infringement...

• EC closes infringement against Cyprus

  9-11-2018 CyprusPropertyNews

  Following Cyprus' action to abrogate the law requiring lawyers to charge a minimum fee for out-of-court work, the EC has closed infringement...

• Property sales up 6% in October

  6-11-2018 CyprusPropertyNews

  The number of property sales in Cyprus continued to rise in October with the number of sales contracts deposited at Land Registry Offices across...

• Trapped buyers get Christmas present promise

  1-11-2018 CyprusPropertyNews

  The problems faced by the 70,000 'trapped buyers' who were duped into buying property built on land earlier mortgaged by developers should be...

• Probe into sharp rent rises

  31-10-2018 CyprusPropertyNews

  The House Interior Committee is to look into the sharp rises in rents amid reports of a family has been made homeless because rents are too...

• Larnaca marina investors given more time

  29-10-2018 CyprusPropertyNews

  Larnaca marina and port development plans have been put on hold for another three weeks as the strategic investor has asked for an extension to...

• Cities vie for real estate investments

  28-10-2018 CyprusPropertyNews

  Limassol and Paphos account for the majority of foreign real estate investors, but Nicosia is catching up with a 34 per cent increase in contracts...

• Paphos marina delayed as Pafilia withdraws interest

  26-10-2018 CyprusPropertyNews

  It seems that the construction of the long-anticipated Paphos marina will be delayed following Pafilia's decision to withdraw its interest in a...

• Cyprus second in EU for residence permits

  25-10-2018 CyprusPropertyNews

  During 2017 Cyprus issued the second highest number of residence permits of all the EU member states; 22.1 per 1,000 Cypriot citizens; Malta was...

• Hotel projects grow as Airbnb is to be regulated

  24-10-2018 CyprusPropertyNews

  New hotels are sustaining a construction industry boom as hoteliers also go ahead with renovations and expansions, despite challenges posed by...

• Complex management seminar

  23-10-2018 CyprusPropertyNews

  The Almyra hotel in Paphos is the venue for a free seminar to be held in November covering communal ownership, management committees and general...

• Lower VAT on land bought for primary residence

  23-10-2018 CyprusPropertyNews

  Purchasers of undeveloped land to build an owner-occupied primary dwelling may soon be able to obtain a partial VAT refund if a bill currently...

• Contract for the Limassol Icon signed

  22-10-2018 CyprusPropertyNews

  Contract for the construction of the Limassol 'Icon' has been signed between the Imperio Group of Companies and Iacovou Brothers and is expected...

• Mushrooming Limassol towers ‘unsustainable’

  20-10-2018 CyprusPropertyNews

  LIMASSOL Municipality’s plans to develop public land in the heart of the town has reignited criticism of the authorities over the number of...