Property

After all the excitement of the Christmas and New Year celebrations, January can be sort of a let down! Not a lot to look forward to unless you are a ...

Cyprus’ ten most expensive property sales during November reached a total value of €24 million, according to real estate analytics firm Ask Wire. The highest-value sale occurred in Limassol, involving offices ...

Everyprospective buyer must conduct due diligence before purchasing a property, investigating all aspects concerning both the property and the seller, especially when it is a company and intends to develop ...

The value of Portuguese homes that changed hands in the third quarter rose 28 per cent to a record 9.05 billion euros ($1.04 billion), potentially aggravating a shortage of affordable housing, as interest ...

Nicosia will host SESAM Identity 2.0, an architectural and cultural event, from March 1-10, 2025, according to an announcement released on Friday. Organised by EASA Cyprus NGO, the gathering will bring 150 participants, ...

The Cypriot property market underwent significant changes from mid-2023 onwards due to several global and regional factors, according to Pavlos Loizou, CEO and co-founder of real estate firm Ask Wire. ...

The Cypriot real estate market is expected to face a turning point in 2025, with growth slowing after years of post-pandemic expansion, according to according to property firm Danos International. The ...

Cyprus’ apartment market contrasts sharply, with Limassol’s luxury prices reaching €5 million, while Nicosia offers affordable options starting at €50,000, according to real estate analytics firm Ask Wire. The firm explained ...

Following early termination of a tenancy, the owner of the rented property may find issues arise with the tenant, either regarding rent owed or compensation for damages to the landlord ...

Premium real estate developer is revolutionising workspaces in Cyprus, with the launch of a pioneering office hub, designed for the future, with quality and sustainability at its core. Tor Properties ...

The Construction Material Price Index in Cyprus reached 117.26 points in November 2024, with 2021 acting as the base year set at 100 points. This reflects a slight monthly increase of 0.07 per cent, the ...

The government announced on Wednesday its commitment to supporting refugees by improving their access to housing, as it unveiled revised conditions for housing plans. According to the Interior Minister Constantinos ...

District local authorities are now issuing building permits within 48 hours for low-risk developments of up to two residential units (Category A). This is provided that applications were submitted before July 1, 2024, ...

Municipalauthorities, like the state, have real estate which they manage privately in order to meet their cash needs, acting as a private individual, to develop the property and derive financial ...

The Supreme Court in France recently made an interesting ruling in a case which could have similarities to some cases in Cyprus. Buyers of properties in rural areas coming from ...

All new buildings across the European Union must achieve zero emissions by 2030, while public buildings face an even tighter deadline of 2028. This ambitious plan forms part of the EU’s ...

CEO and co-founder of Ask Wire, Pavlos Loizou, is transforming real estate analytics in Cyprus and Greece with over 20 years of experience in valuation, asset management and strategy. Through tools ...

President Nikos Christodoulides on Thursday reiterated the government’s commitment to bolstering Cyprus’ construction and real estate sectors. Christodoulides’ comments were delivered during his speech at the annual general assembly ...

The government on Wednesday approved a scheme subsidising interest rates on housing loans, aimed at combating the impact of high interest rates and inflationary pressures. The cabinet’s decision said ...

Cyprus’ parliament this week approved a new law extending the interval for general property valuations from three to five years. The change aims to optimise resources and streamline operations within ...

Limassol topped Cyprus’ property market from January to September 2024, leading in sales values for houses and apartments, according to a report from Nicosia-based firm Landbank Analytics.  The report, which reviewed ...

Cyprus has revamped its planning and building permit system, cutting approval times to just 40 working days for small-scale developments, Interior Minister Constantinos Ioannou announced this week. The initiative is part ...

The Cyprus Real Estate Agents Registration Council has voiced strong opposition to a proposed amendment to the Lawyers’ Law of 2024. If passed, the amendment would grant lawyers exclusive authority to ...

Limassol led Cyprus’ high-value real estate market in October, driving €34.6 million in top property sales, according to real estate analytics firm Ask Wire. The district recorded four of the ten ...