Cyprus Property News brings you the latest property & real estate …
5 days ago · Planning amnesty has very limited scope. October 13, 2024. Earlier this week, I wrote a letter to the Cyprus Mail about the Planning Amnesty, which they kindly published earlier today. They titled my letter... Cyprus Property News brings you the latest breaking news, articles & advice for home buyers & real estate investors in Cyprus.
Latest Latest News & Updates - Cyprus Property News
October 23, 2024. The Immovable Property Law, CAP. 224, prohibits the registered owner of a property (i.e. the name of the owner recorded on the Title Deed)... Cyprus Latest News & Updates brings the latest breaking news stories & events shaping the island's property market for home buyers and real estate investors.
Housing schemes revised ahead of Friday’s launch
1 day ago · The Ministry of Interior has announced substantial updates to two housing schemes, set to open for applications on November 15, with the goal of simplifying the process and enhancing accessibility for applicants.. The first scheme, which provides financial aid to young people and couples up to age 41, now includes a key adjustment: applicants who have not yet purchased property can still apply.
New home prices: houses and apartments - Cyprus Property News
Oct 23, 2024 · Paphos followed Limassol again with new apartments costing an average of €332.6k. In third place Nicosia (€198.4k), fourth Larnaca (€195.8k) and finally Famagusta (€162.8k). The average price of new houses across the Republic was €457.8k and apartments €289.6k. These new homes will include both permanent homes and holiday homes.
Demand & most property prices increasing - Cyprus Property News
Feb 17, 2022 · Property prices increasing. Prices for residential apartments increased by 1.47% and remained steady for houses. The largest increase in apartment prices were recorded in Paphos, up by 2.92%, and in Nicosia, up by 2.24%. Values for holiday homes across Cyprus during the fourth quarter rose by 0.30% for apartments but fell by -0.70% for houses.
Articles - Cyprus Property News
Sep 5, 2024 · Sunshine and strain – a market divided. June 8, 2024. The Cyprus real estate sector is in a seemingly golden age. But all that glitters is not gold. A booming economy (projected 2.7% growth in... Articles from Cyprus Property News including market reports, insights, advice to buyers and sellers gathered from a number of sources.
Trapped property buyers protection extended
November 26, 2021. By Elias Hazou. By unanimous vote, parliament on Thursday passed a law extending to the end of 2022 the protection afforded to ‘trapped’ property buyers. It means the protection now applies to buyers who filed a sales contract to the land registry pursuant to a court order issued after December 31, 2019, based on an ...
Cyprus property values rising, but outlook mixed
Nov 10, 2023 · On a quarterly basis, rental values increased by 1.8% for apartments, 0.1% for houses, 0.8% for retail and 3.2% for offices. Warehouses saw a decrease of 1.1%, while rental values of holiday apartments and holiday houses increased by 3.5% and 0.3%, respectively. Pavlos Loizou, CEO of Ask Wire, commented that “The rising trend in property ...
The real estate market: supply and trends - Cyprus Property News
Sep 2, 2023 · The mission of Cyprus Property News is to provide anyone looking to buy property in Cyprus with up-to-date factual information, without the usual marketing hyperbole and exaggerated claims, to help their buying decisions and to help them avoid making costly mistakes.
Looking ahead to 2023: House prices in Cyprus
Jan 5, 2023 · Looking ahead to 2023: House prices in Cyprus. The end of 2021 saw Europe’s and Cyprus’ economies gradually recovering from the two-year rollercoaster ride of lockdowns, the stock market at record highs, and inflation increasing. One year later, the disruptions in the supply chain are less severe (e.g. the global container freight index is ...