The Cyprus government presented on Monday a plan to revive Nicosia’s centre situated within the historic Venetian walls totalling €40 million, of which €25 million will be financed by Cyprus’...
Recovery in real estate prices continued in the fourth quarter of 2021, driven mainly by domestic demand. However, the Central Bank of Cyprus (CBC) notes that the continuous increase in construction...
14/04/2022
An annual drop of 5.3% was recorded in the Cyprus House Price Index (HPI) in Cyprus during the 4th quarter of last year.According to preliminary estimate of the Cyprus Statistical Service, the HPI...
08/04/2022
The Output Prices Index in Construction in the fourth quarter of 2021 has recorded an annual increase of 9.3%.According to the Statistical Service of the Republic of Cyprus, the Output Prices Index...
08/04/2022
The number of building permits issued by the municipal authorities and the district administration offices during January 2022 increased by 8.3%, compared to the corresponding month of the previous...
08/04/2022
More than 2,500 new building permits issued under the new, fast-track procedure, since it was implemented in October 2021, said Cyprus Minister of Interior Nicos Nouris, addressing the 29th General...
21/03/2022
Cyprus Price Index of Construction Materials continued its upward trend in February reflecting the increased cost incurred by contractorsAccording to data released by the Statistical Service of...
21/03/2022
During the period January – December 2021, 8,164 building permits were issued by the municipal authorities and the district administration offices, compared to 7,023 in the corresponding period of...
11/03/2022
PwC Cyprus has launched its latest Cyprus Real Estate Market publication, which provides insights on the performance of the sector during 2021, demonstrating strong signs of recovery, despite the...
23/02/2022
Although the pandemic caused delays in plans for the state's complete modernization, we are now facing a new reality that acts as a springboard in our drive to reactivate the economy further and...
16/02/2022