Real estate and construction stakeholders want the government to soften the blow delivered by an “abnormal” increase in construction costs, warning that development could screech to a halt.
According to WiRE FS findings, prices and transaction volume of properties at city centres in Nicosia and Limassol remain stable, as locals, taking advantage of government subsidies, continue to acquire residential real estate.
For those interested in buying real estate through electronic auctions, we keep noting various scams which surface, with the result being the unsuspecting public or buyers being the victims.
The number of property sales continued to rise in September 2021 compared with the same month last year, according to figures released by the Department of Lands and Surveys earlier today.
May 2021 saw another rise in the planned number of new homes to be built in Cyprus according to the building permit statistics published by the Statistical Service.
An official agreement was reached between Limassol Municipality and the Land Development Corporation (KOAG) in June 2020, regarding the largest housing project ever to be undertaken in Cyprus to accommodate six hundred low-income families, students and young couples. Due to the Coronavirus pandemic, the project was stalled last year and the first phase is estimated to be commissioned in 2023.
Cyprus Permanent Residence Scheme Amendment – March 24, 2021
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A step by step guide to buying or renting property in Cyprus.
Your home is more than an architectural structure. Through the years, it has become an extension of who you are, representing your personality, style and values. That’s why selling it can be both an emotional and intimidating experience. But it can also be an exciting, rewarding time as you look forward to new experiences.
If you’re planning to buy a property in Cyprus but are unsure about what kind of property you want or which might the best area for you, it can be good idea to rent a property in Cyprus for six months to a year to begin with.
A step by step list of tasks to ensure an organized and stress free move to your new home.
