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06 July 2024

Cyprus Building Permits Now Online Only

Starting July 1, 2024, All Building Permit Applications in Cyprus Must Be Submitted via the Hippodamus…

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01 July 2024

Starting July 1, 2024, applications for building permits in Cyprus can only be submitted through the Hippodamus portal

The Ministry of Interior of the Republic of Cyprus issued a decree stating that starting July 1, 2024,…

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23 June 2024

Invest in Limassol Real Estate

Invest in Limassol real estate to capitalize on a thriving market with high potential returns

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21 June 2024

INTERNATIONAL BUSINESS COMPANIES INCREASE DEMAND FOR "GREEN" OFFICES IN CYPRUS. IN THE LONG TERM, THEY ARE MORE BENEFICIAL

International business companies prefer "green" offices when deciding to relocate their business to Cyprus…

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16 June 2024

CYPRUS PASSES LAW REGULATING THE FORECLOSURE PROCESS FOR MORTGAGE DEBTORS' PROPERTIES BY BANKS

On December 8, during its last session of 2023, the Parliament of the Republic of Cyprus approved by…

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13 June 2024

VAT ON THE PURCHASE OF FIRST PROPERTY IN CYPRUS: WHEN TO APPLY 5% AND WHEN 19%

Under pressure from the European Commission, which requires those who want to benefit from reduced VAT…

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08 June 2024

Cyprus to Offer Permanent Residency with Property Purchase of €250,000 Instead of €300,000

A bill currently under consideration in the Parliament of the Republic of Cyprus proposes granting permanent…

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06 June 2024

Cyprus Tax Authorities to Check Homes and Apartments Purchased with 5% VAT: Are They Being Rented Out?

In the coming days, the Tax Department of the Republic of Cyprus will conduct a series of inspections…

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03 June 2024

Construction Costs in Cyprus to Increase by 10-20% Due to Climate Changes and the "Green Transition"

In the coming years, construction costs in Cyprus are expected to rise by 10-20% due to climate changes…

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20 May 2024

CONTINUED GROWTH IN OFFICE RENTAL PRICES IN CYPRUS. LUXURY SEGMENT LEADS THE WAY

Cyprus continues to see high demand for office rentals from foreign companies. According to Phileleftheros,…

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17 May 2024

THE NUMBER OF PERMITS FOR THE CONSTRUCTION OF MULTI-STORY RESIDENTIAL AND OFFICE BUILDINGS IN CYPRUS INCREASED BY 130.9%

The total value of the properties to be built based on the issued permits increased by 16.9% to €470.193…

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16 May 2024

CYPRUS MINISTRY OF TOURISM: DON'T FORGET TO RENEW SHORT-TERM RENTAL LICENSES

On May 15, the Ministry of Tourism of the Republic of Cyprus reminded homeowners, apartment

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