Renting in Cyprus (2026) — rights, deposits, contracts, fees, scams
Renting in Cyprus 2026 remains competitive, especially in Limassol and Larnaca. This makes it more important than ever to understand your rights, your rental contract, your deposit, and what scams to avoid before you sign anything. This guide breaks down what a tenancy agreement should include, when a landlord can withhold a deposit, how eviction […]
€50 million development plan targets Livadia and Oroklini
What is the Larnaca Livadia and Oroklini development plan? The Larnaca Livadia and Oroklini development plan is a €50 million infrastructure and urban‑planning project for the coastal belt south of Larnaca, Cyprus. It aims to upgrade public spaces, roads, and drainage systems, while making the Livadia and Oroklini areas more attractive for residents, visitors, and property investors. In the past, this stretch of coastline […]
Larnaca Salt Lake Park moves forward after 15 years as €2.6m project wins architectural competition
Larnaca Salt Lake environmental centre project moves forward A €2.6 million Environmental Information Centre at Larnaca Salt Lake Park is set to proceed after being frozen for 15 years. The project gained new momentum after an architectural competition attracted 22 proposals, with a winning team now selected. The centre will act as a hub for […]
Tax reform: All the changes for rental payments – What are the deductions on insurance premiums
Cyprus tax reform 2026 brings major updates to rental payments and insurance deductions. From July 2026, cash rents end completely. Landlords gain new tax breaks like €500 home insurance deductions while rental income skips SDC but faces income tax and GHS. No More Cash Rent Payments from July 2026 Under Cyprus tax reform 2026, all rent collections […]
Court of Appeal: Remaining in a property after the termination of a lease is a criminal offense.
Cyprus Eviction Ruling: Court Declares Post-Lease Stay a Crime The recent Cyprus eviction ruling marks a major turning point in the country’s rental and property laws. The Cyprus Court of Appeal has confirmed that staying in a property after a lease has been lawfully terminated is not only a civil issue but also a criminal […]
Larnaca: The plan for a restart of the commercial centre
Major Investment in the Heart of Larnaca Larnaca’s commercial centre is entering a new era. The municipality has launched two large-scale redevelopment projects worth more than €14 million, co-funded by the THALIA Programme. The works, which began in late 2024, target Alki and Acropolis squares as well as key central streets. City officials expect the […]
Larnaca starts eight major projects worth €400 million
The Larnaca District Local Government Organisation has announced eight major infrastructure projects worth €400 million, focusing on sewage systems, flood protection, and sustainable water management. Currently underway is Phase III of the sewage system, costing €110 million and funded by the EU’s THALEIA 2021–2027 programme, covering Dromolaxia-Meneou, Kiti, Pervolia, and Tersefanou, with completion set for […]
Huge Interest in Developments in Larnaca: Urban Planning Applications Surge by Over 70% in the Last Four Years
Larnaca is experiencing a remarkable boom in construction and development, with urban planning applications in Larnaca 2025 reaching 1,295 in the first seven months — a 53% increase compared to 2024 and a 73% rise since 2022. The surge highlights growing demand for residential and commercial projects across the city and district. According to the […]
Land of Tomorrow Launches Sales in Larnaca – Petrolina Group Unveils €45M First Phase
Land of Tomorrow Larnaca
Rental Map of Cyprus: From €989 in Larnaca to €7,750 in Limassol
Cyprus Rental Market Sees Seasonal Surge in Demand – July 2025 Overview The Cyprus rental market has undergone notable shifts this July, according to a new report by Landbank Analytics. Drawing from data collected across major property listing platforms, the analysis offers a clear snapshot of rental availability and average asking prices across the island’s […]
New five-story hotel unit in Larnaca
A new hotel development is set to launch in a thriving tourism zone, featuring 182 beds and a wide array of high-end facilities. Designed for leisure and wellness tourism, the hotel will include a restaurant, bar, cafeteria, spa, gym, and dual swimming pools (indoor and outdoor). It’s strategically built to support year-round operation, with amenities […]
Cyprus building material prices rise from last year
Construction material prices in Cyprus have slightly increased year-on-year, despite a minor dip in May 2025, according to the Cyprus Statistical Service. The Construction Materials Price Index stood at 118.92 units in May 2025 (with 2021 as the base year at 100 units), marking a 0.09% decrease compared to April 2025. However, compared to May […]
RICS Cyprus Property Price Index results of 2025 Q1
KPMG in Cyprus and RICS have released the Q1 2025 Cyprus Property Price Index, revealing continued growth in the local real estate market, particularly in Larnaca, which recorded the most significant value increases. According to Christophoros Anayiotos, Head of KPMG Cyprus’s Real Estate Industry Group, office properties saw the largest price and rental increases, followed […]
Larnaca Emerges as Cyprus’s Real Estate Hotspot
Recent data from the RICS–KPMG Cyprus Property Price Index for Q1 2025 shows Larnaca leading the pack in property price rises across Cyprus Larnaca is quickly becoming the new hotspot in Cyprus’s real estate market, outpacing other cities in both property price growth and rental demand, according to the latest RICS–KPMG Cyprus Property Index for Q1 […]
Plans to link Cyprus and Lebanon by ferry confirmed
New Ferry Link Between Cyprus and Lebanon Confirmed Transport Minister Alexis Vafeades has officially confirmed that investors plan to launch a new passenger ferry service connecting Larnaca (Cyprus) with Jounieh (Lebanon). The government supports the initiative, aimed at enhancing island connectivity and facilitating tourism and trade. While operators expect services to begin “imminently,” no exact […]
Cyprus Airports Get €170M Upgrade to Welcome More Tourists
Cyprus is investing €170 million to expand Larnaca and Paphos airports, with construction set to begin in late 2024. The upgrades aim to boost capacity, improve passenger flow, and enhance traveler comfort. Larnaca Airport will see expanded gates and terminal areas, while Paphos will benefit from additional baggage systems and border control areas. These improvements […]
Major Urban Redevelopment to Transform Former Industrial Zone in Larnaca
A major urban redevelopment initiative is underway in Larnaca, aiming to transform a former industrial zone into a vibrant residential and commercial hub. The project involves the construction of six modern residential towers, offering over 450 apartments, including one-, two-, and three-bedroom units, as well as penthouses. The towers will range from 16- to 20-storeys […]
Larnaca Port and Marina: Agreement Signed with Greek HRADF – Study for Future Development Begins
Larnaca’s port and marina are entering a new era of development. The Cypriot government is partnering with Greece’s HRADF to conduct a comprehensive study that will determine the long-term strategy for the area’s growth and usage. This comes after the state terminated its previous deal with Kition Ocean Holdings a year ago. In the meantime, […]
€90M Marina Proposal Set to Transform Larnaca and Boost Real Estate Sector
Larnaca is poised for a major transformation with a €90 million proposal for a new luxury marina that promises to elevate the city’s waterfront and real estate landscape. Submitted by the Larnaca Chamber of Commerce and Industry (EBEL), the plan envisions the development of a modern marina adjacent to the existing one, blending tradition with […]
Cyprus Business Now: Larnaca tourism, real estate market, government deficit
Larnaca’s Tourism and Real Estate BoomLarnaca has emerged as a popular location for European baby boomers, ranking first in a TUI poll based on visitor feedback. The city’s popularity stems from its combination of seaside beauty and cultural activities, such as excursions to the Troodos highlands and the villages of Lefkara and Fikardou. This demographic […]
“Green Light for New University School in Larnaca – President Christodoulides’ Announcement Applauded”
President Nikos Christodoulides officially announced the creation of a new university school in Larnaca, which was warmly received by local officials and the public. The school, under the Cyprus University of Technology (TEPAK), will focus on Marine Sciences, Technology, and Sustainable Development, and will be located in the Mackenzie area. It is set to open […]
Larnaca-Dhekelia coastline
“A journey from industrial hub to innovation” “For decades, the Larnaca-Dhekelia road was a symbol of industry. The rhythmic hum of oil tankers and the silhouette of towering fuel tanks defined this coastal stretch. But today, a new vision rises from its industrial past—a future brimming with possibility. The Lefkaritis Group were the first to […]
Construction Boom in Pyla
“Η Πύλα αυτή τη στιγμή έχει από τους πιο ψηλούς ρυθμούς ανάπτυξης παγκύπρια” ανέφερε στον «Φ» ο πρόεδρος του Κοινοτικού Συμβουλίου, Σίμος Μυτίδης. Νατάσα Χριστοφόρου για Philenews https://www.philenews.com/kipros/koinonia/article/1543133/ikodomikos-orgasmos-stin-pila/
Cyprus Property Market: Steady Growth with Challenges Ahead
The Cyprus property market is expected to experience moderate growth in the coming years, according to an article by Kyriacos Kiliaris from Danos International Property Consultants & Valuers Danos International Property Consultants & Valuers published in the Financial Mirror Financial Mirror. While foreign investment remains strong, rising construction costs and challenges for local buyers are […]
Cyprus Court Ruling Reveals Past Risks, Experts Offer Safeguards for Future Homebuyers
A recent Court of Appeal decision in Cyprus sheds light on a past practice that left some homeowners vulnerable. The ruling clarifies that banks can potentially foreclose on properties previously mortgaged by developers, impacting “trapped buyers” who haven’t received full ownership despite paying for the property. While this is a significant concern for affected homeowners, […]
Construction Material Prices in Cyprus Continue to Decline
The Construction Materials Price Index (CMPI) in Cyprus recorded its eleventh consecutive annual decline in June 2024, driven primarily by decreases in metal products and iron. According to data released by the Statistical Service of Cyprus (Cystat), the CMPI for June 2024 stood at 117.47 units (with 2021 as the base year), representing a 0.10% […]