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PwC Cyprus: The Real Estate Market in Cyprus Continued to Show Strong Performance in 2024
christos clerides 5/14/25 christos clerides 5/14/25

PwC Cyprus: The Real Estate Market in Cyprus Continued to Show Strong Performance in 2024

PwC Cyprus Releases Annual Real Estate Market Report for 2024

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Building Permits in Cyprus Down 4.8% in 2024
christos clerides 4/23/25 christos clerides 4/23/25

Building Permits in Cyprus Down 4.8% in 2024

Sharp December decline and major drops in land divisions and roadworks contrast with slight rise in residential units and total area covered.

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Limassol’s Skyline Set to Change with €189M KEAN Site Mega Redevelopment
christos clerides 4/23/25 christos clerides 4/23/25

Limassol’s Skyline Set to Change with €189M KEAN Site Mega Redevelopment

Five towers, commercial spaces, and public amenities planned for the 40,000 sq.m. site in a six-year project starting in 2026.

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Delays and Rising Costs Plague New Nicosia Archaeological Museum
christos clerides 4/17/25 christos clerides 4/17/25

Delays and Rising Costs Plague New Nicosia Archaeological Museum

Construction Delays and Budget Concerns Push Completion Date to 2028

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Cypriot Association Urges Immediate Ban on Daily Rentals
christos clerides 4/17/25 christos clerides 4/17/25

Cypriot Association Urges Immediate Ban on Daily Rentals

Concerns Raised Over Consumer Protection, Market Stability, and Tourism Quality

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Fast-Track Building Permit Process Now in Effect for Medium-Risk Developments in Cyprus
christos clerides 4/17/25 christos clerides 4/17/25

Fast-Track Building Permit Process Now in Effect for Medium-Risk Developments in Cyprus

New procedure delivers planning and building permits within 80 working days as part of licensing reform.

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Crystal Springs Beach Hotel in Protaras Plans €13.5 Million Expansion and Upgrade
christos clerides 4/17/25 christos clerides 4/17/25

Crystal Springs Beach Hotel in Protaras Plans €13.5 Million Expansion and Upgrade

Derova Ltd Proposes Modernization and Capacity Increase Pending Environmental Impact Assessment Approval

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Building Permits in Cyprus Down 28.1% in November
christos clerides 4/17/25 christos clerides 4/17/25

Building Permits in Cyprus Down 28.1% in November

Despite Monthly Decline, Total Construction Value and Residential Unit Approvals Rose in January–November 2024

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The Changing Face of Limassol: Boomtown or Bubble?
christos clerides 4/17/25 christos clerides 4/17/25

The Changing Face of Limassol: Boomtown or Bubble?

Exploring The City’s Rapid Development & Real Estate Surge

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Cyprus House Price Index Sees Largest Drop Since 2022
christos clerides 4/17/25 christos clerides 4/17/25

Cyprus House Price Index Sees Largest Drop Since 2022

Despite a quarterly decline, house prices in Cyprus remain 2.3% higher year-on-year.

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