Cyprus Property News brings you the latest property & real estate …
October 7, 2024. The highly anticipated trial involving the Al Jazeera golden passports case has been postponed yet again. The criminal case stems from a 2020 Al Jazeera... 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
Oct 14, 2024 · It was 20 years ago today Sgt. Pepper taught the band to play, and it was also 20 years ago today that Cyprus Property... The Price Index of Construction Materials for September 2024 reached 117,27 units (base year 2021=100), recording a decrease of 0.35% compared to the previous... According the ...
Property prices & rents for 2024 - Cyprus Property News
Dec 27, 2023 · In Limassol, the estimates from Danos office suggest that in 2024, the selling prices of apartments and houses will be €4,000 to €5,500 per square meter, similar to 2023. Comparing prices with previous years, significant changes are evident. For example, in 2020 and 2021, the selling price per square meter was €3,500 to €6,000, while in ...
Property sales rise, transfers fall - Cyprus Property News
23 hours ago · The third quarter of 2024 saw a 2.7% decrease in the number of property transfers and a 5.5% fall in their value compared to the second quarter with 4,700 transfers worth €1.05 billion taking place, while the number of sale contracts (4,081) increased by 3.1% compared to the second quarter’s 3,956.
Articles - Cyprus Property News
Cyprus Real Estate sector proved resilient in 2023. March 3, 2024. PwC Cyprus presented its annual report for the Cypriot real estate market, which includes important information about the sector's performance in 2023. The event titled,... Articles from Cyprus Property News including market reports, insights, advice to buyers and sellers ...
Foreigners buying more affordable properties - Cyprus Property …
September 17, 2024. By Nigel Howarth. Foreign investors in Cyprus are increasingly turning their attention from luxury properties to more affordable housing, prioritizing residency permits over citizenship. This shift, highlighted in a 2023 report from real estate firm Danos, marks a significant change in market dynamics.
Relentless rise in property sales - Cyprus Property News
Jun 5, 2022 · Total sales reached 1,143; a 50 percent increase on the May 2021 figure of 760 and the highest number recorded since May 2008. Although sales in Nicosia (the capital) fell by 7 percent, they rose in the four remaining districts compared to May 2021.
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 ...
Cyprus real estate soars despite challenges
Dec 23, 2023 · The real estate market remains robust and is on track to becoming the best-performing year since 2008, according to a report by Danos/BNPRE Group.. The report, covering the second semester of 2023, reveals a 23% increase in sales compared to the second quarter of the same year, reaching a record high in the past 15 years with 7,689 sales.
Our top 10 stories for 2022 - Cyprus Property News
Dec 23, 2022 · Number 6: Temporary residency made harder for expats – Another blow to British expats with the Cyprus government introducing stricter criteria for residency as a consequence of Boris Johnson’s ‘oven ready’ Brexit deal. Number 5: New Jointly-Owned Buildings Law drafted – A draft of a revised jointly-owned building law was published ...