CyprusPropertyNews

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

  1 day ago Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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 Cyprus Property News

  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...