Property sales hit 14-year high

Property sales hit 14-year high

Property sales in March, as measured by the number of sale contracts deposited at Land Registry offices, hit a 14-year high according to figures released by the Department of Lands and Surveys. The total number of sales in March 2022 rose 33% compared to March 2021; the highest March figure recorded since 2008. With the exception of Nicosia, sales rose in all districts with t...
Real Estate Thursday, 14 April, 2022
Land transaction volume & value increase continues

Land transaction volume & value increase continues

WiRE FS, combining real estate knowhow with technology, has published its analysis of December 2021’s land transactions across Cyprus. WiRE’s analysis indicates that compared to the previous month there has been a 35% increase in the number (1054) and a 44% increase in the value (€171.4 million) of land parcels transacted. More specifically, Nicosia had the h...
Real Estate Friday, 18 March, 2022
2021 Q4 PROPERTY MARKET REPORT

2021 Q4 PROPERTY MARKET REPORT

We know the local property market intimately – the facts, the figures, and the trends. So, you can count on us to get you the results you need when you need them. Our Property Report includes important items you need to be aware of as a property owner. Download our Q4 2021 Property Market Report below....
Real Estate Tuesday, 11 January, 2022
Property prices still at pre-2008 levels

Property prices still at pre-2008 levels

Property prices in Cyprus have bounced back by 87% compared to the first quarter of 2008, according to a recent report by the rating agency DBRS. Real estate values have been climbing slowly, after declining since the 2008 global property crisis. DBRS assessed the property markets in Cyprus and another five countries, Spain, Ireland, Italy, Greece, and Portugal, in a recent r...
Local Tuesday, 28 December, 2021
Construction costs hike threaten recovery

Construction costs hike threaten recovery

Real estate and construction stakeholders want the government to soften the blow delivered by an “abnormal” increase in construction costs, warning that development could screech to a halt. A leading developers’ lobby group has warned the government that many projects will be put on ice if action is not taken, halting the country’s recovery following th...
Real Estate Monday, 15 November, 2021
2021 Q3 Property Market Report

2021 Q3 Property Market Report

We know the local property market intimately – the facts, the figures, and the trends. So, you can count on us to get you the results you need when you need them. Our Property Report includes important items you need to be aware of as a property owner. Download our Q3 2021 Property Market Report below....
Real Estate Monday, 04 October, 2021
Property sales continue to improve

Property sales continue to improve

The number of property sales in Cyprus continued to improve in August 2021 compared to the same period last year according to figures released by the Department of Lands and Surveys. During August 2021, a total of 724 contracts for the sale of property were deposited at land registry office across the Republic, an increase of 29% compared with the 561 contracts deposited durin...
Real Estate Monday, 06 September, 2021
Recovery in property sales slows

Recovery in property sales slows

Cyprus property sales continued to improve in July but slower than in previous months, with sales to the overseas market leading the way and a small drop in sales to the domestic market compared July 2020 according to figures released by the Department of Lands and Surveys. Total sales During July a total of 864 contracts for the purchase of real estate comprising residential...
Real Estate Monday, 09 August, 2021
Cyprus Property Index recovering

Cyprus Property Index recovering

The Residential Property Price Index recorded an increase for the first time since the beginning of 2021.  Apartments showed an increase of 1.2% in prices compared to last quarter while houses rose by 0.2%.  Since the beginning of 2021 apartments had a total increase of 2.5%.  There is no clear reason for the increase however it is possible that this...
Real Estate Thursday, 01 July, 2021
General Government Records Fiscal Deficit €187.9 Mn In The First Quarter Of 2021

General Government Records Fiscal Deficit €187.9 Mn In The First Quarter Of 2021

General Government recorded a fiscal deficit of €187.9 mln for the period of January-March 2021, as compared to a surplus of €226.9 mln that was recorded during the period of January-March 2020, according to preliminary General Government fiscal results, which are prepared by the Statistical Service of Cyprus (CYSTAT).During the first quarter an increase in expenditur...
Local Tuesday, 01 June, 2021
EU Plan for Overseas Tourists

EU Plan for Overseas Tourists

EU Countries will be able to accept tourist from countries that are not members of EU if they are vaccinated with one of the four approved jabs (AstraZeneca, Pfizer, Moderna, J&J). Children’s will be allowed to travel with their parents with a negative test....
International Tuesday, 04 May, 2021
Ryanair New Summer Schedule regarding Cyprus

Ryanair New Summer Schedule regarding Cyprus

Ryanair announced 34 routes in total with 5 new entries (Bari, Bologna, Corfy, Rhodes, Venice and Venice Treviso).   Prices start just under €20 per seat. Maria Kouroupi, Hermes Airports Senior Manager Aviation Development & Communication, was pleased by the new entrance and the fact that Ryanair will keep its base in Paphos International Airport. ...
Local Friday, 02 April, 2021
  • GET IN TOUCH
  • 19 Odyssea Androutsou, Paphos

    Tel.: +357 99 008 999
    info@property-canvas.com
  • Disclaimer: No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of C.N. Property Canvas Ltd or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of C.N. Property Canvas Ltd or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of C.N. Property Canvas Ltd or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of C.N. Property Canvas Ltd or the vendor shall not give rise to any right of action, claim, entitlement or compensation against C.N. Property Canvas Ltd or the vendor. All interested parties must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of C.N. Property Canvas Ltd or the vendor. Registered & Licensed Estate Agency A.A.846 & A.M. 432/E. Copyright © 2021 | C.N. PROPERTY CANVAS LTD , All rights reserved.
THIS WEBSITE IS USING COOKIES
We use cookies to ensure that we give you the best experience on our website. If you continue using the site, we'll assume that you are happy to receive all cookies on this website and you have read our Cookies Policy.
Continue