The Emilianides Katsaros Group has officially joined Proper Property as a key investor and strategic partner, bringing valuable experience and expertise in real estate and corporate strategy.

A Timeless Force in Property Development and Sales

In a landmark move for Cyprus's property sector, a major acquisition has been finalised, reshaping the island's real estate landscape.

PwC Cyprus Releases Annual Real Estate Market Report for 2024

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

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

Construction Delays and Budget Concerns Push Completion Date to 2028

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

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

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

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

Exploring The City’s Rapid Development & Real Estate Surge

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