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Cyprus Property News

Cyprus Property News

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In the Cyprus Realty Center news section, we publish updates and insights on the Cyprus property market, new developments, legislative changes, and other topics relevant to property buyers, owners, and investors.

Here you will find information about residential and investment property, new developments, market trends, and practical aspects of buying and owning real estate in Cyprus.

We aim to provide practical and up-to-date information that helps readers better understand the Cyprus property market and keep track of developments relevant to their property decisions.

Construction Activity in Cyprus Drops by 60%
Construction Activity in Cyprus Drops by 60%

Cyprus has recorded a sharp decline in construction activity - the number of building permits issued dropped by nearly 60% compared to last year. Expe..

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New Law in Cyprus: “Golden Passports” Are Gone for Good
New Law in Cyprus: “Golden Passports” Are Gone for Good

The Cabinet of Ministers of Cyprus has approved amendments to the legislation regulating the process of citizenship revocation, definitively closing t..

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Record VAT Revenues in Cyprus: What It Means for the Real Estate Market
Record VAT Revenues in Cyprus: What It Means for the Real Estate Market

Between 2020 and 2024, Cyprus tax authorities collected an impressive €15.3 billion in Value Added Tax (VAT), of which €12.9 billion were net revenues..

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Limassol of the Future: Investing in a City That Is Growing
Limassol of the Future: Investing in a City That Is Growing

Limassol of the Future: Investing in a City on the Rise Limassol continues to strengthen its reputation as the most dynamic city in Cyprus. The new s..

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Accession of Cyprus to the Schengen Area postponed to 2027
Accession of Cyprus to the Schengen Area postponed to 2027

Cyprus’ Accession to the Schengen Area Postponed to 2027 The Cypriot government’s plans to join the Schengen Area by the end of 2026 are becoming inc..

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Will the real estate market collapse?
Will the real estate market collapse?

The Cyprus real estate market is currently not threatened by either a bubble or a possible collapse. This statement was made by the head of the Associ..

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Will Cyprus golden visas be closed?
Will Cyprus golden visas be closed?

The Cyprus Audit Service demands the closure of the golden visa program. The Cyprus Audit Service conducted a new investigation. This time the focus i..

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Cypriot citizenship in 4-5 years
Cypriot citizenship in 4-5 years

Cyprus has approved the Law on the Naturalization of Highly Qualified Specialists. On Thursday, November 30, a Parliament meeting was held in Cyprus, ..

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Real estate sales are growing
Real estate sales are growing

On Tuesday, December 5, the Land Department published data on property sales in Cyprus in November 2023. According to the department, in the last autu..

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Getting a title will be easier
Getting a title will be easier

The Parliament of Cyprus has approved amendments to the “Law on the Sale of Real Estate”, which were developed by the Ministry of Finance in cooperati..

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Demand for loans has increased
Demand for loans has increased

The Central Bank of Cyprus (CBC) has published data on loans issued for the seven months of 2023. As it turned out, the country recorded an increase i..

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Bank of Cyprus the best
Bank of Cyprus the best

Bank of Cyprus was recognized as the best bank in Cyprus in 2023 according to the authoritative international financial magazine The Banker...

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