Many people visiting Cyprus fall in love with the island and immediately go on a property buying spree. It’s as if they put on their ‘holiday heads’ when they step off the plane throwing common sense ...

How rent control impacts the Cyprus property market. According to the Cyprus Property Owners Association, rent control has had several negative consequences:. Discourages investment: Owners are ...

Specifically, under the ‘Regulation of the Establishment and Operation of Hotels and Tourist Accommodations Law‘, owners and managers of self-catering accommodation units, including villas, houses, ...

The abandoned village of Theletria. On the outskirts, large boulders the size of barrels – and larger – litter the roadside. At the entrance to the village, two forlorn construction columns point ...

Shortage of skilled labour: A pressing issue that can delay project delivery, inflate costs, and reduce the sector’s competitiveness.There is a critical need for a comprehensive strategy to attract ...

The MP’s proposal comes in response to a February ruling by the Court of Appeal, which clarified that the Department of Lands and Surveys (Land Registry) is under no current obligation to inform ...

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 ...

Urban planning and infrastructure. Minister Ioannou also underscored the importance of two key bills: one on jointly-owned buildings, currently under legal review, and another on urban land ...

Established in 2004, Cyprus Property News is the Island’s leading on-line resource for overseas home buyers and property investors. Owned, funded and operated independently, we provide the latest news ...

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 ...

Local councils and district authorities are hesitant to take responsibility for dangerous buildings as lawmakers prepare new rules giving them greater powers to act. A bill proposed by MP Marinos ...

A new high-rise project along the Limassol coastline valued at €22 million has been given the green light by the Environment Department. The proposed building, developed by P.G. Economides Properties ...