Cyprus Property News

• Cyprus’ largest ever housing project will help low-income families

  9-7-2020 CyprusPropertyNews

  Limassol municipality and the Land Development Corporation (KOAG) reached an official agreement on Thursday regarding the establishment of the...

• Corrupt lawyers continue to plunder estates

  8-7-2020 CyprusPropertyNews

  Corrupt lawyersin Cyprus continue to plunder the estates of their deceased clients by calculating their fees for administering estates on the...

• Cyprus house price index up 2.5 per cent

  8-7-2020 CyprusPropertyNews

  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...

• MPs commit to expedite citizenship bills

  7-7-2020 CyprusPropertyNews

  MPs have committed to expediting the bills and regulations aimed at improving the transparency of the citizenship-by-investment programme, so that...

• Decision soon on Pissouri homes devastated by landslide

  7-7-2020 CyprusPropertyNews

  The government said Monday it will soon have in hand the recommendations of experts concerning the landslide in the area of Pissouri, which has...

• Frustration at latest Kissonerga marina delay

  7-7-2020 CyprusPropertyNews

  Delays in finding a consultant to carry out a study into the Kissonerga marina and cruise ship docking facility construction is scuppering plans...

• Domestic property sales on the up

  7-7-2020 CyprusPropertyNews

  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...

• Commission approves Cyprus’ airlines incentive scheme

  2-7-2020 CyprusPropertyNews

  The European Commission has approved a €6.3 million Cypriot incentive scheme towards airlines affected by the coronavirus outbreak, supporting...

• Cyprus property sales recovering

  2-7-2020 CyprusPropertyNews

  Property sales in Cyprus showed signs of making a recovery in June following the Government's easing of lockdown measures and its decision to...

• Cyprus tightens grip on ‘golden passport’ scheme

  30-6-2020 CyprusPropertyNews

  Cyprus has not processed any passport applications of a foreign investor since January, pending the approval of tougher criteria regulating the...

• Guide to residency in Cyprus

  29-6-2020 CyprusPropertyNews

  This guide to residency in Cyprus for UK nationals has been issued by the British High Commission in Nicosia to explain the importance of...

• Cyprus to revoke passports of foreign investors

  28-6-2020 CyprusPropertyNews

  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...

• German lesson for Cyprus in real estate transactions

  27-6-2020 CyprusPropertyNews

  Cyprus is one of those countries that actively advertises its real estate market and offers additional perks that can come with the purchase –...

• Famagusta to finally get its golf course

  24-6-2020 CyprusPropertyNews

  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...

• Cabinet extends town planning incentives

  24-6-2020 CyprusPropertyNews

  The cabinet on Wednesday decided to extend existing town planning incentives and introduce new ones in a bid to boost growth, Interior Minister...

• Larnaca port and marina project delay to end soon

  20-6-2020 CyprusPropertyNews

  Larnaca port and marina redevelopment project has hit a four-month delay in signing contracts with MPs demanding an update from the government but...

• Cyprus property sales expected to stabilise

  19-6-2020 CyprusPropertyNews

  Industry experts expect property sales in Cyprus to stablise as the country emerges from the novel coronavirus crisis as there is every indication...

• Upward trend in property price index slows

  13-6-2020 CyprusPropertyNews

  The Cyprus Residential Property Price Index continued its upward trend albeit with a declining pace, affected by the reduced demand from foreign...

• Building permits falter in March

  12-6-2020 CyprusPropertyNews

  In March 2020, the month during which Cyprus introduced COVID-19 containment measures, 397 building permits were issued according to official...

• Historic deal allows property development in British Bases

  11-6-2020 CyprusPropertyNews

  Cypriots who own land in non-military areas inside the British Bases will be able to sell or develop their properties, following a milestone...