Feb 6, 2025 · 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.

Feb 2, 2025 · 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.

Feb 1, 2025 · Read about News Menu at Cyprus Property News. 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.

Feb 4, 2025 · The Cyprus property market has got off to a flying start in 2025, as property sales contracts deposited at Land Registry offices surged by 21% in January compared to the same period in 2024, according to official figures from the Department of Lands & Surveys.. All districts have experienced growth, with Famagusta leading the way with a …

Dec 12, 2024 · According to the latest statistics from the Department of Lands and Surveys, property sales in Cyprus saw a 9% increase in November compared to the same month last year.. The total number of sales, measured by the number of contracts deposited in Land Registry offices in the island’s free areas, reached 1,506, up from 1,386 in November of the previous year.

2 days ago · The Nicosia District Court has issued a landmark ruling that may have far-reaching consequences for tens of thousands of mortgages, after blocking a foreclosure due to potentially unlawful additional charges within the mortgage contract.. In an unprecedented decision, the court granted an interim injunction halting the foreclosure of two flats and a shop.

1 day ago · One major concern is that house prices in Cyprus are roughly seven times the annual household income, far exceeding the affordability threshold of five times annual earnings. The average home costs approximately €270,000, while the typical family earns around €38,000 per year. This significant disparity makes homeownership increasingly difficult.

Nov 15, 2024 · “Without increasing supply, the housing crisis cannot be resolved,” Kourousides stressed, arguing that current government measures, such as the “renovate-rent” scheme, are inadequate. He also cautioned that geopolitical factors, such as the Israel-Hamas conflict, could further intensify demand from high-purchasing-power Israeli buyers.. Permit delays are causing developers to scale ...

Apr 26, 2024 · Among these local fluctuations, the international market remains a significant player. “These performances are recorded at a time when the real estate market in Cyprus continues to be fuelled by foreign buyers, who account for four out of ten property sales made in Cyprus in the first quarter of 2024,” he said. According to the data of the Department of Land and Surveys, international ...

Jan 4, 2025 · The Cyprus property market has got off to a flying start in 2025, as property sales contracts deposited at Land Registry offices surged by... Foreign buyers have played a dominant role in the Cyprus property market since 2015, with the coastal city of Paphos emerging as the most... Although EU ...