Cyprus home prices rise sharply in first quarter, Central Bank says
Apartment prices in Cyprus rose 10.8% in the first quarter of 2026 compared with a year earlier, the Central Bank of Cyprus said. The overall House Price Index increased 7.5%,…
Abandoned Limassol village sees major Israeli investment, local officials confirm
An abandoned village in the Limassol district has been purchased by Israeli investors, who have begun work on homes and a camping area. The newspaper Fileleftheros reported that the long‑deserted…
Cyprus announces €11 million in additional housing subsidies
The interior minister has announced about €11 million in additional subsidies for state housing programs. The funding is intended to cover another 277 young people and couples under 41 who…
Cyprus to Open Applications Monday for ‘Rent for Installment’ Scheme
Applications for the “Rent for Installment” scheme will open next Monday, the Finance Ministry announced. The program will run for a limited period of about three months. According to the…
Foreign buyers purchased 7,255 properties in Cyprus in 2025, report shows
Foreign purchases of real estate in Cyprus rose sharply in 2025, reaching 7,255 properties — a 16 percent increase from the previous year, according to data from PwC Cyprus cited…
President to make decisions on the foreclosure‑related bills
President Nikos Christodoulides said he will make decisions on the foreclosure‑related bills based on what he believes serves Cyprus’ long‑term interests, not the upcoming parliamentary elections. Asked whether he is…
AKEL Warns of Severe Housing Pressure as Rents Rise Among Fastest in EU
Cyprus faces some of the highest housing pressures in the European Union, with rents rising 30% to 40% in five years, AKEL Secretary‑General Stefanos Stefanou said at an event on…
Cyprus advances bill granting borrowers new protections in loan restructurings
A draft bill reforming the Office of the Financial Ombudsman introduces major changes for borrowers and financial institutions, lawmakers were told Monday during a meeting of the House Finance Committee.…
Cyprus lawmakers seek curbs on foreign property purchases amid surge in sales
Lawmakers are examining ways to curb foreign purchases of land and buildings after new figures showed a sharp rise in property sales to non‑Cypriots in government‑controlled areas. Parliament’s Interior Committee…
Türkiye to require “Secure Payment System” for real estate transactions starting May 2026
Türkiye plans to make its “Secure Payment System,” currently mandatory in second‑hand vehicle sales, compulsory for real estate transactions beginning May 1, 2026. Real estate payments are often made directly…