Building Permits in Cyprus Down 4.8% in 2024
Sharp December decline and major drops in land divisions and roadworks contrast with slight rise in residential units and total area covered.
Limassol’s Skyline Set to Change with €189M KEAN Site Mega Redevelopment
Five towers, commercial spaces, and public amenities planned for the 40,000 sq.m. site in a six-year project starting in 2026.
Delays and Rising Costs Plague New Nicosia Archaeological Museum
Construction Delays and Budget Concerns Push Completion Date to 2028
Cypriot Association Urges Immediate Ban on Daily Rentals
Concerns Raised Over Consumer Protection, Market Stability, and Tourism Quality
Fast-Track Building Permit Process Now in Effect for Medium-Risk Developments in Cyprus
New procedure delivers planning and building permits within 80 working days as part of licensing reform.
Crystal Springs Beach Hotel in Protaras Plans €13.5 Million Expansion and Upgrade
Derova Ltd Proposes Modernization and Capacity Increase Pending Environmental Impact Assessment Approval
Building Permits in Cyprus Down 28.1% in November
Despite Monthly Decline, Total Construction Value and Residential Unit Approvals Rose in January–November 2024
The Changing Face of Limassol: Boomtown or Bubble?
Exploring The City’s Rapid Development & Real Estate Surge
Cyprus House Price Index Sees Largest Drop Since 2022
Despite a quarterly decline, house prices in Cyprus remain 2.3% higher year-on-year.