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…
Category: Real Estate
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…
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…
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…
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…
Dubai Property Sales Hit Record 682 Billion Dirhams in 2025
Dubai’s real estate market posted its highest‑ever sales in 2025, with the total value of transactions rising more than 30…
Egypt to Launch 400,000-Unit Housing Program in 2026 to Meet Rising Demand
Egypt’s Ministry of Housing is preparing to launch its largest housing offering of the year, with a total of 400,000…
Cyprus pledges support for EU affordable housing plan during 2026 presidency
Cyprus welcomed the adoption of the European Union’s first Affordable Housing Plan and pledged to help implement it during its…
Egypt expert says higher housing tax exemption eases burden
Raising the exemption threshold for housing under Egypt’s property tax law is an important step to ease the burden on…
Turkey home sales fall 7.8% in November
Home sales in Turkey fell 7.8% in November compared with the same month last year, totaling 141,100 units, the Turkish…