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1. Nicosia to receive over €1 billion in development projects, President announces

President Nikos Christodoulides unveiled more than 80 projects valued at over €1 billion aimed at transforming Nicosia and its surrounding suburbs during an event Monday at the Nicosia Municipal Theater....

2. Bank of Cyprus sells €75M worth of Paphos property to Exness

The Bank of Cyprus has closed a major property deal with fintech firm Exness, selling land worth €75 million in Paphos, sources confirmed to Kathimerini Cyprus....

3. No tender, no permits, no problem

A construction project meant to modernize part of Cyprus’ local government system is under fire after the Auditor General uncovered a series of irregularities, from bypassing public tenders to starting work without building permits or signed contracts....

4. Green light for six-story apartment block in former refinery zone

A new six-story residential building is coming to Larnaca’s Chrysopolitissa parish after the Environmental Authority approved plans for the project, which is set to transform a plot within the old refinery zone into modern housing....

5. King’s Gardens: A Prime Investment in the Heart of Nicosia

6. Increasing Total Housing Supply Is Key to Tackling the Housing Crisis

Cyprus is at a critical juncture in its housing crisis, with property prices on the rise and supply struggling to meet existing demand. ...

7. Andreas Neocleous, Omiros Pissarides, Eirini Hadjisavva, and Marios Tannousis to Speak at Green Agenda Cyprus Summit

This year’s Sustainable Development Conference aims to support and enhance Cyprus’s national strategy for the Green Transition....

8. UCy student dorms at Berengaria site moving full speed ahead

Construction is in full swing on the University of Cyprus’ new student dorms in Kato Polemidia, Limassol, right where the old British ''Berengaria'' settlement used to be....

9. Larnaca's Horizon Towers is a fresh start for the city’s waterfront

What was once a hub for oil and gas storage in Larnaca is about to be transformed into a thriving, modern neighborhood. ...

10. PwC Cyprus: The Cypriot real estate market maintained its momentum in 2024

PwC Cyprus presents its annual report on the Cypriot real estate market, outlining the main developments and trends of the sector during 2024, through detailed analysis and the use of extensive databases as well as the firm’s sectoral expertise....

11. Erdogan to inaugurate new government complex in occupied north

A new wave of political theater is unfolding in Cyprus’ occupied north, as Turkey prepares to inaugurate a grandiose complex housing the so-called ''presidency'' and ''parliament'' of the breakaway regime, ...

12. Is development finance the key to fixing London’s housing crisis?

London’s housing crisis is certainly nothing new, but its consequences are becoming increasingly harder to ignore....

13. Nicosia’s historic olive grove to be relocated for major urban project

All olive trees from the historic grove in the “Metochi tou Kykkou” area of Nicosia will be uprooted and replanted in a newly designated green space at the center of the site as part of plans to transform the land into a mixed-use urban development....

14. Kykkos monastery’s mega project set to transform Engomi

A major new development is taking shape in Engomi, Nicosia, on land owned by the Kykkos Monastery. The project is one of the largest mixed-use developments Cyprus has seen and is designed to transform the area surrounding the “Agios Prokopios” Metochi into a modern urban center....

15. Buffer zone tensions and crossing point deadlocks test peace process

The period following the informal five-party summit in Geneva and the subsequent meeting of the two Cypriot leaders on the island is shaping up to be a diplomatically crucial time. ...

16. Cyprus bets on students to revitalize Old Nicosia, but at what cost?

Once overshadowed by controversy over unregistered universities—a scandal that drew scrutiny from Brussels—Cyprus has quietly reinvented itself as a rising destination for students across Europe. ...

17. Consulco’s London Credit Fund Launches Compartment C:

Consulco is delighted to announce the launch of Investment Compartment C, the newest sub-fund of the London Credit Fund. ...

18. Cyprus Government unveils plans to tackle housing crisis

Cypriots struggling with the growing housing crisis can breathe a little easier, thanks to new government measures aimed at making homes more affordable and accessible....

19. President Christodoulides: ‘Together, we are changing Cyprus’

President Nicos Christodoulides reflected on his administration’s accomplishments during a televised sit-down with journalists, marking two years since he took office....

20. Larnaca’s landmark ‘Land of Tomorrow’ project set to break ground

Larnaca’s waterfront is set for a major transformation, as construction on the ambitious Land of Tomorrow project is set to begin in the coming months, with a total investment exceeding €800 million....

21. Is Palodeia the future of higher education in Cyprus?

The University of Limassol (UoL), formerly known as CIIM, is set to relocate from central Limassol to Palodeia, as part of a large-scale, mixed-use development led by real estate firm bbf. ...

22. Limnes migrant centre in Larnaca to be completed by year-end (photos)

The new Limnes Accommodation Centre, designed to house applicants for international protection and those awaiting repatriation, is set to be completed by the end of 2023. ...

23. Priced out: Londoners live in empty schools and offices as rents soar

According to CNN, as London’s rental crisis deepens, a growing number of residents are opting to live in disused schools, office buildings, and even an old cathedral to escape skyrocketing housing costs....

24. 100% tax on foreign buyers in Spain

Spain’s Prime Minister Pedro Sanchez has proposed bold measures to address the country’s housing crisis, including a 100% tax on homes purchased by non-EU foreigners....

25. It was a low bar

The Housing Grant Scheme for young couples and individuals up to 41 years of age was launched on 31 October 2024, with a target of 400 beneficiary applications and a total budget of €15 million. ...

26. The International Ombudsman Institute: Advocating for fairness and justice across Europe

The International Ombudsman Institute (IOI) is a global organization that brings together over 200 Ombudsman offices from more than 100 countries. ...

27. Works announced to improve the Agios Dometios crossing

Improvement works on the Agios Dometios crossing are set to commence on Wednesday, January 22, 2025, and are expected to continue until May 21, 2025....

28. 2025: A new chapter for Cyprus’s property market

2024 was both literally and figuratively a leap year. Metaphorically speaking, we anticipated this shift a year ago as we reflected on 2023 and made our predictions for the year ahead....

29. Transformative projects to redefine the capital

The heart of Cyprus is beating stronger as Nicosia’s mayor, Charalambos Prountzos, unveiled a series of exciting projects that promise to transform the city....

30. Cyprus & Greece Market Overview: 2023-2024 and Projections for 2025 and Beyond

The market underwent significant changes from mid-2023 onwards due to several global and regional factors....