
Cyprus Property News
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Cyprus’ largest ever housing project will help low-income families
Limassol municipality and the Land Development Corporation (KOAG) reached an official agreement on Thursday regarding the establishment of the...
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Corrupt lawyers continue to plunder estates
Corrupt lawyersin Cyprus continue to plunder the estates of their deceased clients by calculating their fees for administering estates on the...
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Cyprus house price index up 2.5 per cent
The Cyprus house price index rose by an average of 2.5 per cent in the first quarter of 2020 compared to the previous quarter according to...
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MPs commit to expedite citizenship bills
MPs have committed to expediting the bills and regulations aimed at improving the transparency of the citizenship-by-investment programme, so that...
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Decision soon on Pissouri homes devastated by landslide
The government said Monday it will soon have in hand the recommendations of experts concerning the landslide in the area of Pissouri, which has...
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Frustration at latest Kissonerga marina delay
Delays in finding a consultant to carry out a study into the Kissonerga marina and cruise ship docking facility construction is scuppering plans...
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Domestic property sales on the up
Property sales to the domestic market in Cyprus showed a marked improvement in June, although sales to the overseas market have yet to show any...
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Commission approves Cyprus’ airlines incentive scheme
The European Commission has approved a €6.3 million Cypriot incentive scheme towards airlines affected by the coronavirus outbreak, supporting...
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Cyprus property sales recovering
Property sales in Cyprus showed signs of making a recovery in June following the Government's easing of lockdown measures and its decision to...
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Cyprus tightens grip on ‘golden passport’ scheme
Cyprus has not processed any passport applications of a foreign investor since January, pending the approval of tougher criteria regulating the...
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Guide to residency in Cyprus
This guide to residency in Cyprus for UK nationals has been issued by the British High Commission in Nicosia to explain the importance of...
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Cyprus to revoke passports of foreign investors
NICOSIA is set to revoke Cyprus passports from at least 26 suspect investors as soon as the House of Representatives passes a law on tighter...
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German lesson for Cyprus in real estate transactions
Cyprus is one of those countries that actively advertises its real estate market and offers additional perks that can come with the purchase –...
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Famagusta to finally get its golf course
Famagusta could have its first golf course within three years, as the €100 mln Ayia Napa Forest Golf project is expected to get the green light...
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Cabinet extends town planning incentives
The cabinet on Wednesday decided to extend existing town planning incentives and introduce new ones in a bid to boost growth, Interior Minister...
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Larnaca port and marina project delay to end soon
Larnaca port and marina redevelopment project has hit a four-month delay in signing contracts with MPs demanding an update from the government but...
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Cyprus property sales expected to stabilise
Industry experts expect property sales in Cyprus to stablise as the country emerges from the novel coronavirus crisis as there is every indication...
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Upward trend in property price index slows
The Cyprus Residential Property Price Index continued its upward trend albeit with a declining pace, affected by the reduced demand from foreign...
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Building permits falter in March
In March 2020, the month during which Cyprus introduced COVID-19 containment measures, 397 building permits were issued according to official...
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Historic deal allows property development in British Bases
Cypriots who own land in non-military areas inside the British Bases will be able to sell or develop their properties, following a milestone...