The Price Index of Construction Materials for February 2023 reached 136.10 units (base year 2015=100), recording an increase of 10.73%, according to data published by the Statistical Service of...
Russian nationals were by far the largest group of foreign real estate buyers in Cyprus during the first two months of 2023, according to data by the Department of Lands and Surveys, the Department’s...
13/03/2023
The majority of the House of Representatives voted on Thursday against renewing a suspension of property foreclosures for another three months, a legislative proposal co-signed by left wing AKEL, the...
10/03/2023
Number of building permits and total area recorded a significant decrease in 2022 compared with the previous year.According to the Statistical Service, the number of building permits authorized by...
10/03/2023
Work for the construction of a jetty, as part of the Liquefied Natural Gas (LNG) Receiving and Regasification Terminal in the Vasilikos area in Cyprus, has recently begun. At the same time, the...
22/02/2023
The Price Index of Construction Materials for January 2023 reached 136.01 units (base year 2015=100), recording an increase of 12.25% compared to the same month of the previous year, according to...
17/02/2023
Building permits issued in Cyprus in the period of January – November 2022 declined by an annual 5.4% with the total value rising by 1.2% reflecting increasing construction costs amid soaring...
10/02/2023
Construction costs and increased demand from foreign and local buyers contributed to the acceleration in house price increases during the third quarter of 2022.According to the Central Bank of Cyprus...
06/02/2023
The Price Index of Construction Materials for the period January-December 2022 recorded an increase of 17.21% compared to the corresponding period of 2021.The increase of the index in 2022 over the...
18/01/2023
The value of real estate sold during 2022 is approaching €6 billion, according to the comparative real estate sales of the Department of Lands and Surveys as processed and presented in the quarterly...
16/01/2023