The purchase of a newly built property in Cyprus is subject to Value Added Tax at the standard rate of 19%. However, the VAT legislation provides individuals purchasing a brand-new property as their ...

Established in 2004, Cyprus Property News is the Island’s leading on-line resource for overseas home buyers and property investors. Owned, funded and operated independently, we provide the latest news ...

A new €20 million funding round to improve the energy efficiency of homes in Cyprus is set to open for applications in September, according... The total value of the 50 most expensive property sales ...

The Cyprus Tax Department is preparing to introduce compulsory electronic rent payments as part of a wider crackdown on tax evasion and undeclared rental... A controversial court ruling in Cyprus has ...

Site of the proposed Paphos Marina at Potima Bay, Kissonerga in Paphos, Cyprus The Deputy Ministry of Tourism has launched the tender process for the development of the Paphos Marina project, which ...

The rapid expansion of short-term rentals has significantly transformed the Cyprus property market, with platforms such as Airbnb driving new investment strategies and development trends. What began ...

Four bidders have secured their involvement in the tender process for the long-anticipated construction of a marina in the Potima area of Kissonerga, Paphos; a flagship project that, despite being ...

From the correspondence I receive, the most persistent and damaging challenge faced by Management Committees of jointly-owned buildings is the outright refusal of certain owners to pay their communal ...

Cyprus’ building permits crisis is dragging on with no clear end in sight, freezing major property developments and undermining confidence in the island’s investment landscape, industry sources have ...

The future of the port and marina in Larnaca is moving into a new phase, as government officials review development proposals that could reshape the town’s waterfront and property market. The Minister ...

The latest RICS Cyprus Property Price Index with KPMG shows a stabilising real estate market in Q2 2025, with moderate gains in housing, rentals, and leisure properties, while shops continue to lag ...