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Living in Cyprus: Key Insights for Expats

Cyprus continues to attract a growing number of international residents seeking a balanced, high‑quality Mediterranean lifestyle. According to Quicklister’s 2026 Complete Guide to Living in Cyprus, the island offers a compelling blend of modern infrastructure, natural beauty, safety, and affordability, making it one of Europe’s most desirable relocation destinations. Why Cyprus Appeals to...

Cyprus Property Market at a Crossroads: Growth Meets New Realities

According to a detailed report by Cyprus Mail, the Cyprus property market is moving beyond the rapid post‑pandemic surge and transitioning into a more complex, stabilising phase shaped by shifting economic conditions and evolving regulatory frameworks. Strong Growth, With Early Signs of Cooling Demand remains robust, particularly in coastal cities and high‑quality residential developments, but...

Cyprus Rental Prices Continue Their Upward Climb in 2026

Rental prices across Cyprus continued to rise steadily in the first months of 2026, according to fresh Eurostat data. The Harmonised Index of Consumer Prices for actual rental payments reached 103.95 points in May 2026, marking a consistent month‑on‑month increase since late 2025. This confirms ongoing pressure on tenants and sustained demand in the long‑term rental market. House Prices Also...

Cyprus Extends the 5% VAT Regime on New‑Build Homes Until 31 December 2026: What Buyers & Investors Need to Know

Cyprus has officially extended the transitional 5% VAT regime for new-build primary residences, offering buyers a final opportunity to benefit from the more generous pre‑2023 rules. The extension which was approved in April 2026, comes as a direct response to widespread delays in planning and building permit approvals, ensuring that eligible buyers are not penalised for administrative...

Urgent Reform Needed for Jointly‑Owned Buildings

Public safety concerns intensify as experts call for immediate legislative action A recent Cyprus Mail report highlights growing pressure on the new House of Representatives to urgently reform the legal framework governing jointly‑owned buildings in Cyprus. The call comes amid increasing concerns about ageing structures, weak management systems, and risks to resident safety. Savvas Georgiades,...

Cyprus Property Sales Continue to Rise

Market momentum remains strong despite slower growth in May A recent Cyprus Mail report shows that Cyprus’ property market continued its upward trajectory in the first five months of 2026, with sales rising 11.9% year‑on‑year, despite a noticeable slowdown in May. According to the article, 8,043 sales documents were filed between January and May 2026, significantly higher than both 2025 and...

Cyprus Real Estate Market: Key Insights for New Investors

Strong demand, rising yields, and expanding opportunities across major cities A recent Cyprus Mail report outlines the current landscape for new investors entering the Cyprus real estate market, highlighting strong demand across both residential and commercial sectors, favourable rental yields, and a supportive regulatory environment. According to the article, the residential market continues to...

Cyprus’ Top 50 Property Sales Reach €197.7 Million in Q1 2026

Land deals dominate as Limassol leads high‑value transactions A new Philenews report reveals that the 50 most expensive property sales in Cyprus during Q1 2026 totalled €197.7 million, with Limassol once again dominating the high‑value segment. The data, provided by property analytics firm Ask Wire, highlights a market increasingly driven by land acquisitions, signalling the early stages of a new...

Cyprus Property Market Hits Record €6.5 Billion in 2025

Apartments dominate as foreign buyer demand surges 16% A new Philenews report, based on PwC Cyprus’ latest annual real estate review, confirms that Cyprus’ property market reached an all‑time high in 2025, with total transaction value rising 8% year‑on‑year to €6.5 billion. The number of property deals also increased, reaching 25,600 transactions, up 4% from 2024. According to Philenews,...

President Lays Foundation Stone for Adonis III as CLDC Targets 436 Affordable Units in 2026

President Nikos Christodoulides has officially laid the foundation stone for the Adonis III development in Pano Polemidia, Limassol, marking the start of 29 new three‑bedroom, energy‑efficient homes under the Cyprus Land Development Corporation (CLDC). Philenews reports that the President described the project as “a significant investment for a city facing acute housing pressure,” highlighting...