Cyprus Property News

• Rise in overseas property sales continues

  9-9-2017 CyprusPropertyNews

  The steady increase of overseas property sales Cyprus continued in August according to the latest official statistics published by the Department...

• August property sales up 27 per cent

  4-9-2017 CyprusPropertyNews

  THE NUMBER of property sales in Cyprus during August rose 27 per cent compared to August 2016 according to official statistics published by the...

• Cyprus Central Bank: home prices rising

  29-8-2017 CyprusPropertyNews

  The Cyprus Central Bank's 'Residential Property Price Index' reports that home prices in Cyprus rose 0.3 per cent during the first quarter of 2017...

• Cyprus property prices continue to rise

  29-8-2017 CyprusPropertyNews

  RICS (Cyprus) reports that Cyprus property prices are continuing to rise in the thirteenth edition of its Index, with the prices of apartments and...

• Cyprus villa in charity raffle

  29-8-2017 CyprusPropertyNews

  A Somerset man is offering his Cyprus villa, which is situated in the Paphos village of Kathikas, as the prize in a charity raffle that aims to...

• Cyprus 7th most popular spot in Europe for Brits

  22-8-2017 CyprusPropertyNews

  Cyprus is the seventh most popular European country for Britons seeking to relocate or buy a second property with Paphos being the most popular...

• Cyprus slips in property chart

  22-8-2017 CyprusPropertyNews

  Cyprus has dropped out of the top 10 of the July edition of the TheMoveChannel.com’s Top of the Props chart, which records the most searched for...

• Mixed signals from Moody’s

  11-8-2017 CyprusPropertyNews

  In two recent reports Moody's said that banks will benefit from increased loan demand but warned that lack lustre performance in loan...

• Cyprus 7th in citizenship by investment

  11-8-2017 CyprusPropertyNews

  Cyprus has emerged as one of the most popular jurisdictions for EU and non-EU nationals in the Citizenship by Investment Index, published by...

• New homes construction surges

  11-8-2017 CyprusPropertyNews

  The number of new homes in Cyprus for which building permits have been issued surged by 52.5 per cent in May 2017 compared to the same period in...

• Bank of Cyprus fined €170,000

  5-8-2017 CyprusPropertyNews

  The Bank of Cyprus has been hit with a €170,000 administrative fine by the Office of Competition and Consumer Protection (CCPS) following its...

• Cyprus property sales up 18% in July

  5-8-2017 CyprusPropertyNews

  Property sales in Cyprus rose 18 per cent in July compared with July 2016 with sales increasing in all districts (with the exception of Larnaca)...

• Limassol rents skyrocket

  5-8-2017 CyprusPropertyNews

  Demand for rental properties in Limassol has grown in recent years as local buyers have difficulty in obtaining home loans due to the banks'...

• Bank of Cyprus must sell NPLs

  5-8-2017 CyprusPropertyNews

  The Bank of Cyprus must include the sale of non-performing loans (NPLs) in its toolkit if it is to achieve its ambitious target to halve their...

• Local property tax set to change

  25-7-2017 CyprusPropertyNews

  Some will pay more and some will pay less local property taxes in Cyprus this year as charges will be assessed on 2013 property valuations rather...

• Cyprus home prices fall 1.4 per cent

  25-7-2017 CyprusPropertyNews

  Although a quarterly fall of 1.4 per cent in Cyprus home prices was recorded during the first quarter of 2017, prices rose 4.1 per cent on an...

• Banks helped by increased building permits

  14-7-2017 CyprusPropertyNews

  Although Cypriot banks continue to face significant asset quality challenges, a sustained increase in demand for building permits would improve...

• Cyprus real estate market review

  12-7-2017 CyprusPropertyNews

  PwC (Cyprus) has published "Cyprus Real Estate Market – 2016 Year in Review", which provides a general overview of the Cyprus property sector...

• Pissouri homeowners still in limbo

  12-7-2017 CyprusPropertyNews

  Property owners in the Limnes (lakes) area of Pissouri are still in limbo despite the previous Cyprus Interior Minister promise to pay for the...

• Vote imposing VAT on land sales postponed

  11-7-2017 CyprusPropertyNews

  A vote by the Cyprus government on a bill to impose 19 percent VAT on land sales (building and development plots) has been postponed until...