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Rent control in Cyprus has long been viewed as a tenant-friendly policy, but according to the Cyprus Property Owners Association, the decades-old Rent Control Law of 1983 is now creating more problems ...
The Deputy Ministry of Tourism reminded property owners that anyone operating short-term rentals without a registration permit is committing an offence and, if convicted, faces a fine of up to €5,000 ...
Even the brightly coloured stones used in the mosaics of Kourion and Paphos were sourced from the erosion of these multicoloured Mamonia rocks. However, the complex geology of the area – together with ...
Mr Tornaritis urged ACACS members to halt all repossessions, auctions, and property sales until at least the end of July, when debates are expected to conclude, and expressed hope that the Association ...
Property development and construction remain one of the most vital pillars of the Cypriot economy, contributing close to 15% of GDP and employing over 40,000 people. This sector plays a substantial ...
MP Kostis Efstathiou has submitted a proposal to amend existing property law, aiming to bring greater transparency to property transactions and protect unsuspecting buyers from hidden legal and ...
According to Kourousides, the amended Housing Incentive Scheme approved by the Cabinet is less a product of strategic foresight and more a reaction to earlier failures. “The essence of the policies is ...
In a bid to modernise land development and construction across the island, Interior Minister Constantinos Ioannou has announced a wave of legislative reforms designed to streamline processes and ...
In a significant move to tackle the ongoing housing shortage, the Cabinet on Wednesday approved key amendments to a special incentives scheme aimed at increasing the supply of affordable homes. The ...
The Troika also underlined that private debt in Cyprus remains high by European standards. This prevents some individuals and businesses from fully participating in the country’s economic growth. By ...
The Cyprus property market recorded a strong growth in 2024, with the sales of new homes exceeding €2 billion, according to an analysis by Landbank Analytics. The study, based on contracts of sale ...
Property prices in Cyprus have risen to levels last seen in 2012, just before the banking crisis. The apartment price index has reached a historic high, according to data from the Central Bank of ...
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