Property News

Easter celebrations are planned for Sunday, April 13, in three cities of Cyprus. Easter events of Limassol Municipality (From 11:00 to 19:00) Anexartisias and Agiu Andreu streets Train for children and their parents — from 11:00 to 13:00 and from 15:00 to 18:00 A juggler on stilts, mascots and a...

Recent data from the Central Bank of Cyprus reveals that property prices have risen back to 2012 levels, just before the banking crisis. The apartment price index for the third quarter of 2024 has reached a historic high of 113 points, up from 112.3 in the previous quarter, surpassing the prior peak of 105.8 points...

The Progressive Party of the Working People of Cyprus (AKEL) has introduced a new bill for parliamentary review. This proposed legislation aims to eliminate the preferential value-added tax (VAT) for foreigners when acquiring their first property. Current Situation Currently, purchasers of property on the...

A significant mixed-use development has been proposed for Limassol, featuring a university campus for 12,000 students and medical facilities. The St Nicholas Hills project, located in the Prastio Avdimou community, will encompass educational institutions, a medical center, rehabilitation services, student housing,...

Property Sales in 2024 Reach Record High Since 2007 In 2024, property sales in Cyprus hit a record high, reaching 15,797 contracts filed with the Department of Lands and Surveys, the most since 2007. However, as discussed further in this report, international sales have declined, and domestic sales are also...

Traditional annual Orpheus group meeting at Four Season! We reviewed our achievements, mapped out strategies for the future, shared ideas, and motivated one another for a productive new year 2025! A big thank you to Nick Aristou and the Four Seasons team for their flawless event organization, our CEO Roman...

Winter is approaching in Cyprus, and while the temperatures are milder compared to many other regions, the cooler weather and rainy days still affect our homes and gardens. November is an excellent time to begin winter preparations, ensuring your home remains comfortable and energy-efficient while getting your garden...

Many people seek to live in Cyprus for various reasons, including relocation, business and investment opportunities, or retirement. While Cyprus offers both permanent residency permits and citizenship, there are notable similarities and differences between the two. Here’s a concise overview to help you decide...

Breaking News: ReLux Estates is officially among the TOP 100 Real Estate Brokers of the World!  We're thrilled to announce that our dedication to excellence in luxury real estate has earned us this prestigious global recognition!  mansion  This award isn't just a trophy for our shelf...

According to Philenews, amid the intense political and diplomatic activities of the MED9 Summit, the heads of state and government gathered at Minthis had the chance to relish the luxury resort's amenities and the area's picturesque scenery. They all expressed their appreciation for the conference location,...

According to Danos International Property Consultants & Valuers' S1 2024 Market Insight Report, Millennials (Generation Y) and Generation Z will make up 70% of real estate market customers by 2025. The report also highlights other significant trends impacting the Cyprus property market: There is a...

The town planning amnesty plan prepared by the Town Planning Department, based on the instructions of Interior Minister Constantinos Ioannou, will pave the way for thousands of stranded buyers to legalize their properties by securing final approval and then title deeds. The legalization of thousands of properties...