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 […]

Cyprus Sets Clear Course for Schengen Membership, Easing Travel & Lifting Investment Appeal

Cyprus is on track to join the Schengen Area by the end of 2026, driven by a concerted push to complete technical adaptations by late 2025. President Nikos Christodoulides proudly asserts that a “huge effort” is underway to meet visa‑code, border‑control, security, and return‑policy criteria, enabling full entry into the zone in 2026. Supporting this […]

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 […]

€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 […]

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 […]